The 16th Asia-Pacific Economic Cooperation (APEC) meeting’s theme is “A New Commitment to the Asia-Pacific Development”.
This year’s APEC Leaders' Meeting will focus on the global financial crisis in the context of the results of the G20 summit in Washington.
The APEC forum was established in November 1989 as an instrument for peaceful and conflict-free solution of economic, social, environmental and other regional problems.
At present, the APEC comprises 21 countries and territories: Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the United States and Vietnam.
APEC leaders will hold two meetings during the summit and will also meet with members of the APEC Business Advisory Council (ABAC), comprising members of national business communities, who draft summit recommendations.
After the APEC Leaders' Meeting’s official events, President Dmitry Medvedev will continue his official visit to Peru.