Boluarte Rallies APEC Leaders for a Forward-Looking Perspective

"Today, we gather in spirit of collaboration and unity, guided by our shared vision, fostering a resilient, inclusive, and sustainable future for the Asia-Pacific region," said Peru President Dina Boluarte, in remarks to APEC Economic Leaders in Lima on Saturday.

President Boluarte, chair of the meeting, urged leaders of the 21 APEC members to drive strategic approaches to sustaining APEC's relevance in a rapidly evolving global landscape.

"I encourage you to participate in today's discussions with a forward-looking perspective, addressing how we can not only maintain APEC's relevance," she said, "but also strengthen it in the face of global challenges."

This meeting comes as the region continues to navigate challenges brought about by the pandemic and other unprecedented global obstacles while seizing new opportunities for innovation and collaboration.

APEC member economies encircle the Pacific Rim and together account for about 40 percent of the world's population, half of global trade, 60 percent of total GDP and much of the world's growth at present.

"We are united by a shared commitment to promote economic growth and resilience in our region," President Boluarte noted.

Hosting APEC leaders for the third time, Peru set at the forefront of Saturday's agenda the pivotal steps the forum has taken to achieve its goals this year. President Boluarte pointed out two major milestone achievements that are a testament to the members' collective commitment.

One is the policy guidance to develop and implement clean and low-carbon hydrogen polcy framewors in the Asia-Pacific, which she described as "fundamental in the region's transition to a greener economy" and two, the set of Trujullo principles to prevent and reduce food loss and waste in the Asia-Pacific region, "a challenge that affects our environmental and economic sustainability."

"We must focus on how to implement these advances," President Boluarte continued, "ensuring that they contribute meaningfully to our inclusive economic agenda, especially in our efforts to support the transition to a formal global economy."

Focusing on digitalization and innovation, APEC leaders identified actionable strategies for transitioning to a formal global economy by endorsing the Lima Roadmap to Promote the Transition to the Formal and Global Economies (2025-2040) and addressing pressing global challenges. The outcomes will guide the next steps in strengthening collaboration, fostering innovation, and ensuring economic resilience across the Asia-Pacific region.

Closing her remarks, President Boluarte expressed optimism for the discussions ahead: "I look forward to the fruitful exchange of ideas that will shape the road ahead."

For further details, please contact:

APEC Media at [email protected]

Public link

Please use the above public link if you want to share this noodl on another website.