Peru FM proposes economic growth agenda at APEC

Canciller Ricardo Luna participa en reunión ministerial del Foro Apec en Vietnan.

Canciller Ricardo Luna participa en reunión ministerial del Foro Apec en Vietnan.

14:59 | Da Nang (Viet Nam), Nov. 8.

During his participation in the APEC Ministerial Meeting (AMM) on Wednesday, Foreign Affairs Minister Ricardo Luna proposed counterparts to take a concrete step towards economic growth based on effective inclusion and gender equality.

Such gathering was held in Da Nang and is included in the 2017 Asia-Pacific Economic Cooperation (APEC) Summit's programme.

Within this framework, Luna presented the initiative as he highlighted Canadian Foreign Affairs Minister Chrystia Freeland's proposal, which underscores the importance of APEC in supporting the multilateral trade system and offering women an effective participation in its debates.

Likewise, the cabinet member stressed the relevance of making this inclusion an indelible mark on the APEC's economic growth agenda.

In his speech, Luna also placed importance on reinforcing regional integration by implementing the work program oriented towards the creation of the Free Trade Area of the Asia-Pacific (FTAAP), approved by the Lima Declaration back in 2016.

According to the government official, the world's economic system —within the current international scenario— remains affected by a regulation opposing free trade, which questions globalization and casts doubt on its benefits, as well as its people's growth and prosperity.

Finally, Luna proposed strengthening ties between regional organizations sharing the same objectives, in order to create synergy and maximize common benefits.

Within this context, he promoted a greater closeness to the Pacific Alliance, trade bloc composed of Chile, Colombia, Mexico, and Peru.

It must be noted Peruvian President Pedro Pablo Kuczynski will take part in the APEC Economic Leaders' Meeting, slated for November 11 in Da Nang.


Published: 11/8/2017