The Asia-Pacific Economic Cooperation (APEC) Summit Week officially started on 11 November (local time) in San Francisco, California – USA.
At the week-long event, leaders, ministers and officials from the 21 APEC member economies are expected to discuss a range of topics such as: trade and investment, digital economy, innovation, economic growth and development. Sustainable and inclusive development, clean energy, climate, food security…
Accepting the invitation of US President Joe Biden, President Vo Van Thuong and his wife will lead a high-ranking Vietnamese delegation to participate in the APEC Summit Week and coordinate bilateral activities from September 14 to 17.
With the theme “Creating a resilient, sustainable future for all”, APEC 2023 focuses on three priorities: connections, innovation and inclusion. According to the news agency nominatedDiscussions at the APEC summit week in San Francisco focused on three issues, including: expanding access to digital connectivity; promoting sustainable and inclusive energy transition; Strengthening economic ties and increasing supply chain resilience.
Mr. Matt Murray, the senior US official in charge of APEC, said that hosting APEC gives the US an opportunity to shape trade policies and promote economic growth in the Asia-Pacific region. Dynamic. APEC currently represents about 40% of the world’s population, contributes more than 60% of GDP and almost 50% of global trade.
APEC senior officials met in San Francisco – USA on 11 November. Photo: Reuters
As planned, the APEC finance ministers will meet on November 13, with a focus on discussing policies to boost long-term economic output as well as assessing progress on social goals such as reducing inequality and environmental damage. Will go.
After that, the APEC Business Summit took place from 14 to 16 November, which was attended by many entrepreneurs and business leaders from the region. At the APEC summit on November 16 and 17, leaders will set a strategic agenda and goals for the region next year.
In addition to the above conferences, this year’s APEC Summit Week also features a series of additional events gathering many businessmen, scholars, experts and community activists.
A notable event on the sidelines of the APEC summit is the scheduled meeting between US President Joe Biden and Chinese President Xi Jinping on November 15. Sheet South China Morning Post According to a senior US official, the two leaders will discuss a range of issues, such as: the strategic direction of bilateral relations, the importance of resuming bilateral military talks, the crisis in Ukraine, the Israel-Gaza conflict…
If this happens, it will be the first face-to-face meeting between US and Chinese leaders in a year. This is a time that saw strained relations between these two major economies. It is not surprising that the White House downplayed expectations that the upcoming meeting would yield significant results.
Some experts told the AP that preventing US-China economic relations from worsening would be a “win-win” for both sides. It will also certainly benefit the world economy, which the International Monetary Fund (IMF) forecasts will have less impressive growth this year and next (3% and 2.9% respectively).