President Humala to attend APEC summit in Russia

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Peruvian President Ollanta Humala will travel to Vladivostok, Russia, to join the 20 other world leaders attending the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit from September 6 to 9.

Prime Minister Juan Jimenez announced late Tuesday that President Humala will lead a delegation that includes Ministers Rafael Roncagliolo (Foreign Affairs), Luis Miguel Castilla (Economy and Finance) and Jose Silva Martinot (Trade and Tourism).

Jimenez said the APEC Summit will allow Peru to strengthen trade relations with some of the world’s largest economies like China, the United States, Japan and Russia, among others.

According to the prime minister, President Humala will take this opportunity to tell the APEC leaders about the priorities of the Peruvian government’s economic policy, with emphasis on economic growth, investment and social inclusion.

"I think the country’s continued presence in this important forum is an opportunity to attract investment at a time when other markets are experiencing problems such as the U.S. and Europe," he said after attending a Cabinet session at the presidential palace in Lima.

Jimenez added that during the 20th APEC Summit in Vladivostok, President Humala will also be holding bilateral meetings with leaders from Russia, Mexico, Vietnam, Indonesia, Singapore, Australia and Canada, as well as with International Monetary Fund (IMF) chief Christine Lagarde.

APEC is an organization of economies in the Asia-Pacific region. It is the premier forum for facilitating economic growth, cooperation, trade and investment in Asia-Pacific region.

It has 21 members which account for approximately 40 percent of the world’s population, approximately 54 percent of the world gross domestic product and about 44 percent of world trade.

Peruvian President Ollanta Humala will travel to Vladivostok, Russia, to join the 20 other world leaders attending the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit this week.

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