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APEC Leaders to Gather in San Francisco to Confront Global Economic Challenges

Economics editor Wahyu Dwi Anggoro
13/11/2023 20:20 WIB
The 2023 APEC Economic Leaders’ Week hosted by the United States (US) has commenced in San Francisco.
APEC Leaders to Gather in San Francisco to Confront Global Economic Challenges. (Foto: MNC Media)
APEC Leaders to Gather in San Francisco to Confront Global Economic Challenges. (Foto: MNC Media)

This week-long meeting will culminate in the APEC Economic Leaders’ Meeting on 16-17 November of which Asia-Pacific leaders will establish strategic agenda and regional goals for the next year guided by US President Joe Biden.

Preceding the arrival of APEC Leaders, US Secretary of Treasury Janet Yellen will chair the APEC Finance Ministers’ Meeting on 13 November. At their meeting, Finance Ministers will focus on policies that increase long-term economic output at the same time addressing progress on social goals such as reducing inequality and environmental damage.

On 14-15 November, US Secretary of State Anthony Blinken and US Trade Representative Ambassador Katherine Tai will host their foreign and trade counterparts for the APEC Ministerial Meeting.

The APEC CEO Summit will also be held from 14-16 November, drawing business leaders and entrepreneurs from around the region to discuss how to build the future that is driven by sustainability, inclusion, resilience, and innovation.

“At the core, APEC is about how 21 member economies which are very varied in terms of economic development and political structures can sit together in a room, confront the most pressing economic challenges, deliberate on difficult issues and find common ground—all to further initiatives towards a better world,” said APEX Secretariat Executive Director Dr Rebecca Sta Maria.

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