Its member economies are Australia, Brunei Darussalam, Canada, Chile, People’s Republic of China, Hong Kong, China, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Korea, Chinese Taipei, Thailand, the United States, and Vietnam.
By CNN Philippines Staff
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Expected to attend are U.S. President Barack Obama, Chinese President Xi Jinping, Canadian Prime Minister Justin Trudeau, Mexican President Enrique Peña Nieto, Japanese Prime Minister Shinzo Abe, Indonesian President Joko Widodo, and newly-elected Peruvian President Pedro Pablo Kuczynski.
APECÂ is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
Duterte then met with Russian President Vladimir Putin. During the meeting both leaders agreed to foster stronger trade relations.
In a speech, Putin said Duterte was able to accomplish much in developing stronger ties between Russia and the Philippines.
He said, “It is my pleasure to have a chance to speak to you and your colleagues about developing our bilaterals.”
The APEC Economic Leaders’ Meeting in Peru will happen from November 19-20 in Lima.
In a speech prior to his depature for the meet, Duterte said, “We will do everything to make sure that businesses – particularly our MSMEs (micro-small and medium enterprises) – will thrive and flourish.”
He said he will highlight government support, as well as anti-corruption and -criminality efforts to strengthen the national economy.
During the meeting, Xi and Duterte also talked about Filipino fishermen having access to Scarborough Shoal. Xi said fishermen will have free access to the shoal and China would offer them training in fish culture among others, to help sustain their livelihood and families.
Duterte meets with Putin, Xi at APEC Economic Leaders' Summit Originally posted at CNN Philippines
Metro Manila (CNN Philippines) — President Rodrigo Duterte met with two world leaders in Peru before the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting formally opened on Saturday.
According to Malacañang’s Media Accreditation and Relations Office (MARO), Chinese President Xi Jinping asked to meet with Duterte to follow through the memoranda of understanding (MOUs) signed by the Philippines and China during Duterte’s state visit last October.
In a statement, Foreign Affairs Secretary Perfecto Yasay Jr. said, “I am very happy to report that we are on track on this one and we will be pushing for more vigorous talks for the purpose of implementation the broad strokes that we have arrived at when we signed these MOUs.”