Peru hosts the Asia-Pacific Economic Cooperation (APEC) forum's Third Senior Officials' Meeting in the capital, Lima.
There, delegates from 21 member economies meet from August 11 to 25 to address substantive and cross-cutting issues related to the Asia-Pacific region under the motto of Peru's third Presidency: "Empower. Include. Grow."
During this meeting (SOM3), delegates will continue discussions on trade liberalization and facilitation, more inclusive and sustainable trade, transition to formal economy, economic integration, and promotion of MSMEs growth, among other APEC priorities.
In this regard, the third dialogue on
"A New Look at the Free Trade Area of the Asia-Pacific (FTAAP)" and the third Digital Week stand out. The latter consists of a series of seminars and panel discussions featuring Peruvian and international experts, which allows knowledge on digital issues to be brought to the public and officials.
In this third edition, artificial intelligence (AI), online consumer protection, digital security, digital ecosystem oriented to trade and MSMEs digital transformation will be discussed.
It will take place from August 21 to 25, with the first three days in person and the last two in virtual format. Those interested in participating in virtual format can access it
here.
Leadership at APEC
"These priorities aim to expand trade, investment, and innovation opportunities, enhancing inclusive well-being and strengthening Peru's global economic influence," Minister Galdo underscored.
Peru is hosting APEC for the third time after the 2008 and 2016 editions.
APEC is made up of:
Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, the Russian Federation, Singapore, Chinese Taipei, Thailand, the United States, and Vietnam.
Between 2000 and 2023, Peru's commercial exchange with APEC member economies grew by an average of 10% annually. Last year alone, APEC accounted for 67% of Peru's trade with the world.