The 27th APEC Economic Leaders’ Meeting opened on November 20th via video conference with leaders of 21 member economies taking part.
The host of APEC 2020, Prime Minister Muhyiddin Yassin of Malaysia in his opening speech, called on economies on the Pacific Belt to stay united to fight the COVID-19 pandemic and promote economic recovery.
Muhyiddin affirmed that APEC will play a central role in guiding recovery efforts following the pandemic. He also urged APEC member economies to ensure the fair right to access to vaccines and medical technology.
Chinese President Xi Jinping in his speech said China is willing to cooperate with APEC economies to create and share the regional future of peace and prosperity towards the target of building a future common community of the humankind.
He affirmed that China backs APEC in increasing the exchange of policies and building capacity in different fields, including public health and small- and medium-sized enterprises in a bid to facilitate the fight against COVID-19 and economic recovery.
Prime Minister Marape joined in conversation with world leaders including US President Donald Trump, Chinese President Xi Jinping, Russian President Vladimir Putin, Japanese Prime Minister Yoshihide Suga, Korean President Moon Jae-In, Australian Prime Minister Scott Morrison, New Zealand Prime Minister Jacinda Adern, Canadian Prime Minister Justin Trudeau, and others.
The Asia-Pacific Economic Cooperation (APEC) Forum comprises 21 member economies which together account for 60 percent of the world’s gross domestic product (GDP).