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Aquino to attend APEC meeting in Bali, Indonesia

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(The author will cover the Asia-Pacific Economic Cooperation or APEC Economic Leaders' Week and Related Meetings to be held in Nusa Dua, Bali, Indonesia from October 1 to 8, 2013 exclusively for Panay News. – Ed.) 

MANILA – Aside from President Benigno Aquino III, 13 of 21 Asia-Pacific Economic Cooperation (APEC) economies’ leaders, including the heads of the most powerful nations in the world, have so far confirmed their attendance to the annual summit that will take place in Nusa Dua on the first week of October.

Among those scheduled to attend the APEC leaders’ meeting are Indonesian President Susilo Bambang Yudhoyono, United States President Barack Obama, Russian President Vladimir Putin and Chinese President Xi Jinping, Mexican President Enrique Peña Nieto, South Korean President Park Geun-hye, Chilean President Sebastian Pinera, New Zealand Prime Minister John Key, Singaporean Prime Minister Lee Hsien Loong, and Malaysian Prime Minister Najib Razak.

Also, nine of the 14 leaders mentioned, including President Aquino, have confirmed they would arrive in Bali early to attend the APEC CEO Summit from October 5 to 7 and hold discussions with the private sector.

The CEO Summit will feature a program covering key issues affecting the region.

The event organizing committee, meanwhile, is still waiting for confirmation from seven heads of APEC states: Australia, Brunei Darussalam, Canada, Hong Kong, Papua New Guinea, Taiwan and Vietnam.

According to the APEC Summit media and public relations secretariat, President Xi has already confirmed he will deliver the closing address and attend the hand-over ceremony with Yudhoyono, as China will host the summit next year.

The theme of this year’s summit, “Towards Resilience and Growth: Reshaping Priorities for Global Economy” is expected to provide a discussion forum for policymakers, business leaders and innovative thinkers on securing inclusive sustainable growth and achieving the aim of shared development and common prosperity for all.

This year’s program is exceptional in that it includes the presidents and prime ministers of the Asia Pacific, CEOs of global corporations and thought leaders in an interactive format.

Among the thought leaders scheduled to attend are Nobel Laureate Aung San Suu Kyi, Nouriel Roubini of Roubini Global Economics and Kishore Mahbubani of the Lee Kuan Yew School of Public Policy.

Focusing on opportunities, over 1,000 delegates will hear firsthand and deliberate with decision makers that shape the future of the Asia-Pacific.

This year’s APEC Summit will prioritize attaining the Bogor Goals, achieving sustainable growth with equity and promoting connectivity in the region.

The summit will focus its work on a comprehensive response to arising world economic and financial challenges.

The APEC Summit will start with the Senior Officials Meeting on October 1 and 2, followed by the Ministerial Meeting on October 4 and 5, the CEO Summit on October 6 and 7, and conclude with the Leaders’ Summit on October 7 and 8.

All meetings during the APEC Summit will take place in the Nusa Dua resort complex. The resort’s selected 40 hotels and villas will host hundreds of high profile delegates, including state leaders, ministers, diplomats and high-ranking officials from world organizations and chief executive officers of international corporations.

In addition to the heads of state and 46 ministers of APEC economies, the summit is expected to be attended by 5,250 economic leaders and around 3,000 journalists from across the globe.

There are also around 182 preliminary meetings held ahead of the summit, attended by around 100,000 delegates./PN