What Did Latin American Nations Achieve at APEC?
Presidents Xi Jinping of China, Andrés Manuel López Obrador of Mexico, Joe Biden of the United States and Canadian Prime Minister Justin Trudeau were among the leaders at the Asia-Pacific Economic Cooperation (APEC) forum that took place this month in San Francisco. López Obrador met with Xi, Trudeau and Biden during the summit. What came out of López Obrador’s meetings with the other leaders, and what were the most important issues under discussion? What will the meeting between Biden and Xi, their first in a year, mean for Latin America, particularly on the issue of fentanyl production?
Margaret Myers, director of the Asia & Latin America Program at the Inter-American Dialogue: “The APEC meeting in San Francisco was reflective of a rather dramatic pivot in the institution’s focus over time—from an agenda centered on trade and investment facilitation to one that now reflects the expansive shifts underway in APEC member nations. Trade and investment factored prominently in discussions, of course, but so did sustainability, inclusivity and supply chain resilience, as countries grapple with the effects of climate change and look to apply lessons from the Covid-19 pandemic. In the 2024 meeting, Peru will advance these ‘three pillars,’ according to Renato Reyes Tagle, Peru’s top APEC official. As host, Peru will also evidently focus on a few related issues, including high levels of informality in many APEC economies and the use of green hydrogen as part of a just energy transition. In San Francisco, the United States was focused on strengthening APEC and advancing…”Read More
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