Singapore to host Apec summit in 2030: PM Wong
LIMA — Singapore has offered to host the Asia-Pacific Economic Cooperation (Apec) summit in 2030, said Prime Minister Lawrence Wong on Nov 16.
This is one way that the Republic will contribute to ensuring more inclusive growth, against a backdrop of increasing geopolitical rivalry and weakening support for free trade, said PM Wong.
«We find Apec to be a very valuable platform, and we will do our part to support Apec in different ways, including the hosting of Apec summits,» he told reporters at the close of this year’s summit in Lima, Peru.
Singapore is a part of the 21-member Apec, which includes major world powers such as the US, China and Russia and whose economies make up close to half of global trade. The last time it hosted an Apec summit was in 2009.
PM Wong noted that across the board, there is concern at this year’s summit that support for globalisation and free trade is weakening around the world.