Peru is gearing up to host the Asia-Pacific Economic Cooperation (APEC) summit in 2024, an event anticipated to bring significant economic and developmental benefits to the country. In a recent discussion with CGTN’s Sean Callebs, Juan Aurelio Arevalo, Editor-in-Chief at El Comercio, Peru’s oldest newspaper, elaborated on the positive impacts that hosting APEC could have on the nation.
Arevalo emphasized that hosting APEC 2024 presents a unique opportunity for Peru to position itself as a key player in the global economy. “APEC brings together some of the world’s most dynamic economies,” he noted. “By hosting this summit, Peru stands to enhance its trade relationships, attract foreign investment, and showcase our potential on an international stage.”
The economic benefits are multifaceted. Increased foreign investment could stimulate job creation and infrastructure development, leading to long-term economic growth. Arevalo also highlighted the potential for Peru to strengthen ties with Asian markets, opening doors for Peruvian products and services abroad.
Beyond economics, hosting APEC is expected to have social and cultural advantages. “It’s not just about business,” Arevalo explained. “APEC provides a platform for cultural exchange and mutual understanding among member economies. This can lead to educational opportunities, tourism growth, and a greater global awareness of Peru’s rich cultural heritage.”
Arevalo stressed the importance of preparation and collaboration to maximize these benefits. “We need to ensure that Peru is ready to host such a significant event. This includes investing in infrastructure, security, and hospitality. Collaboration between the government, private sector, and communities is crucial.”
As Peru looks forward to APEC 2024, there is a sense of optimism and determination. The country aims to leverage this opportunity to foster economic growth, strengthen international partnerships, and elevate its global standing.
Reference(s):
Juan Aurelio Arevalo discusses benefits of hosting APEC in Peru
cgtn.com
