At the 31st APEC Economic Leaders' Meeting in Lima, Peru, members emphasized the critical need for effective multilateral cooperation amidst a rapidly changing global landscape.
The 2024 Machu Picchu Declaration highlighted key areas facing significant challenges, including trade and investment, environment, food security, and energy security.
Leaders acknowledged that unprecedented and swift changes are reshaping the world, necessitating collaborative efforts to address these pressing issues.
\"Effective multilateral cooperation is even more important in this context,\" the declaration stated, underscoring the commitment of APEC economies to work together in navigating complex global dynamics.
The call for enhanced collaboration aims to foster sustainable growth, ensure food and energy stability, and protect the environment, reinforcing APEC's role in promoting a resilient and interconnected global economy.
Reference(s):
cgtn.com
