APEC leaders to open Lima summit as Trump prepares to return to office

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APEC leaders to open Lima summit as Trump prepares to return to office - Business Mirror

Quick Summary:

LIMA, Peru—Representatives from 21 members representing the Pacific Rim are meeting in Peru on Friday for the Asia-Pacific Economic Cooperation forum, the first global summit since US President-elect Donald Trump’s victory featuring several major world leaders.

The officials say Biden also will use the summits to press allies to keep up support for Ukraine as it tries to fend off Russia’s invasion and persist in negotiating an end to Israel’s wars in Lebanon and Gaza.

Ahead of the inauguration at the port, 60 kilometers (37 miles) north of Lima, locals told The Associated Press that the development hasn’t buoyed their economic prospects.