The US will host the Asia-Pacific Economic Cooperation’s (APEC) annual meeting in 2023, according to a White House statement on February 10, Report informs referring to Reuters.
White House spokeswoman Jen Psaki, in a statement, thanked the group for supporting the US offer to host, saying President Joe Biden’s administration was committed to advancing fair trade, open investments and competition as part of its focus on expanding and deepening economic ties in the region.
“It is a top priority for the Biden-Harris Administration to serve as a strong, reliable partner to APEC economies and identify common ways to unleash economic opportunity, prosperity, and growth for us all,” she wrote.
Plans for Washington to host the multi-lateral gathering come amid ongoing tensions with China, which last year warned APEC that the Indo-Pacific region must not return to the tensions of the Cold War era.
Biden also addressed the 2021 gathering, saying he was committed to strengthening the US relationship with APEC economies and urging action on the environment and global health.