Peru is set to host the annual Asia-Pacific Economic Cooperation (APEC) forum from November 10 to 16, bringing together leaders from across the region to discuss economic growth and collaboration. As APEC continues to evolve as a pivotal regional forum, this year's focus highlights the increasing importance of engaging with Global South countries to foster mutual economic benefit and sustainable development.
Over the decades, APEC has become a dynamic engine of economic growth in the Asia-Pacific region. The upcoming summit in Peru aims to deepen connections between member economies and the Global South, addressing challenges such as climate change and economic inequality.
Experts from various fields emphasize the potential of economic and agricultural cooperation to enhance trade opportunities and tackle global challenges. Marcelo Vergaray, a Peruvian agricultural expert, notes that collaboration can lead to innovative solutions in sustainable agriculture, benefiting both local communities and global markets.
Argentine economist Gisela Cernadas highlights the importance of inclusive economic policies that support emerging economies in the Global South. "By engaging with diverse economies, APEC can promote equitable growth and reduce disparities," she says.
From an educational perspective, Malaysian student Chong Kar Fee, studying at the College of Engineering at China Agricultural University, believes that academic exchanges and technological collaboration are key to empowering the next generation of leaders in the region.
As the APEC summit approaches, the emphasis on forging stronger ties with the Global South underscores a collective commitment to shared prosperity. Through collaborative efforts in trade, agriculture, and innovation, member economies aim to create a more sustainable and equitable future for all.
Reference(s):
cgtn.com
