The Asia Pacific Economic Cooperation (APEC) is set to host its 2024 summit in Lima, Peru, bringing together leaders from 21 member economies to chart the course for the region's economic future.
Since 1989, trade within the APEC region has soared from $3 trillion to an impressive $30 trillion in 2022, outpacing global trade growth and showcasing the region's robust economic dynamism.
As global markets evolve, APEC2024 emphasizes the importance of maintaining an open and collaborative approach to sustain this growth. Leaders are focusing on fostering innovation, enhancing digital economies, and addressing challenges such as sustainability and supply chain resilience.
For young entrepreneurs and tech enthusiasts, the summit presents opportunities to tap into emerging markets and collaborate on groundbreaking startups. Meanwhile, thought leaders and changemakers are engaging in discussions on sustainable development and inclusive economic policies.
With the future of Asia-Pacific prosperity hinging on openness, APEC2024 aims to reinforce the region's commitment to a collaborative future, ensuring continued growth and shared success across diverse economies.
Reference(s):
APEC2024: The future of Asia-Pacific prosperity lies in openness
cgtn.com
