Somali National News Agency
So
Ar
Search
  • Home
  • Local News
    Local NewsShow More
    Somalia and Ethiopia Initiate Joint Cooperation Review Meeting in Addis Ababa
    July 18, 2025
    Somali Defense Minister Takes Control of UK-Built Military Training Center in Baidoa
    July 18, 2025
    Somalia Takes Significant Step Towards Global Media Integration at Pan-African Summit in Arusha
    July 18, 2025
    Somali Disaster Management Agency Holds High-Level Meeting to Strengthen Humanitarian Cooperation
    July 18, 2025
    African Climate Ministers’ Summit Concludes in Nairobi with Bold Commitments
    July 18, 2025
  • World News
    World NewsShow More
    Nairobi is locked down as Kenyan police clash with protesters
    July 8, 2025
    Texas floods leave at least 51 dead, 27 girls missing as rescuers search devastated landscape
    July 6, 2025
    Protests intensify in Los Angeles after Trump deploys hundreds of National Guard troops
    June 9, 2025
    31 Palestinians are killed heading to a Gaza aid site, witnesses say. Israel denies responsibility
    June 7, 2025
    Hajj Season 1446 AH: Synergy Between Technology and Humanity in Serving the Guests of Allah
    June 6, 2025
  • Articles
    ArticlesShow More
    Somalia Boosts Its Diplomatic Presence in the Region and Beyond
    July 15, 2025
    A Somali Lens on Xinjiang: Shared Prosperity, Cultural Vitality, and Triumph Over Adversity Offer Lessons for the World.
    July 11, 2025
    THE NEW FACE OF INTERNATIONAL DIPLOMACY IN SOMALIA: PROSPECTS AND CHALLENGES
    July 10, 2025
    Exploring cultural richness of ‘pearl of Silk Road’ Kashgar
    July 8, 2025
    From Zheng He to Xi Jinping: China and Somalia’s New Vision for Self-Reliance
    July 8, 2025
  • Business
    BusinessShow More
    Somalia Unveils the Blueprint for a Modern and Sustainable Mogadishu
    December 21, 2024
    Djibouti Launches $57.4 Million Youth Entrepreneurship Project to Combat Climate Change
    November 25, 2024
    FM meets Minister of Investment of Saudi Arabia
    October 28, 2024
    President Hassan Sheikh Inaugurates New LPG Storage Center in Mogadishu
    May 12, 2024
    Collaboration of ICT transformation for digital Infrastructure
    October 24, 2023
  • Sports
    SportsShow More
    Mogadishu Stadium to Host Star-Studded Match Featuring Somali Legends and International Football Icons
    May 27, 2025
    Arsenal held at Brighton while Man City bounce-back continues
    January 5, 2025
    Galmudug wins the Inter-State Football Tournament
    January 29, 2024
    Somalia set for two int’l friendlies ahead of WC qualifier clashes against Algeria and Uganda
    October 10, 2023
    Chicago woman, 104, skydives from plane, aiming for record as the world’s oldest skydiver
    October 3, 2023
  • Tenders
    TendersShow More
Reading: Asia-Pacific Leaders Address Trade, Tech, and Trust at APEC 2024
Share
Font ResizerAa
Somali National News AgencySomali National News Agency
  • SOMALI
  • ARABIC
Search
  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
Follow US
©2023 || All rights reserved SONNA
Somali National News Agency > Blog > World News > Asia-Pacific Leaders Address Trade, Tech, and Trust at APEC 2024
World News

Asia-Pacific Leaders Address Trade, Tech, and Trust at APEC 2024

By Khadar Aweys
Last updated: November 16, 2024
4 Min Read
Share

The Asia-Pacific Economic Cooperation (APEC) forum is a pivotal platform for promoting economic growth, cooperation, trade, and investment across the Asia-Pacific region. The 31st APEC Economic Leaders’ Meeting, held in Lima, Peru, brought together leaders from member economies, including China’s President Xi Jinping and Japan’s Prime Minister Shigeru Ishiba. The discussions focused on fostering inclusive growth, advancing trade agreements, and addressing regional challenges.

A key theme of the meeting was strengthening economic cooperation among APEC members. Leaders explored strategies to enhance trade flows, address economic disparities, and boost sustainable growth. While specific agreements were not disclosed, the forum reiterated its commitment to fostering an open and fair trading environment, a significant goal in light of global economic uncertainties.

President Xi Jinping’s participation underscored China’s active role in regional diplomacy. During his meeting with Peru’s leader, Xi emphasized the importance of deepening strategic trust and cooperation in governance, anti-corruption efforts, and combating illegal fishing. He expressed support for Peru’s role as host of the APEC meeting and stressed China’s readiness to promote an Asia-Pacific community with a shared future.

Another focal point of the discussions was the role of technology in driving economic innovation and resilience. Leaders highlighted the importance of digital trade and innovation partnerships as tools to address the challenges posed by globalization, particularly for small and medium-sized enterprises (SMEs). Promoting technological inclusivity and bridging the digital divide were emphasized as essential for fostering sustainable development.

Despite these advancements, leaders acknowledged challenges such as protectionism, trade tensions, and disparities in digital infrastructure. However, the forum presented these challenges as opportunities for collaboration, encouraging members to develop strategies for inclusive growth while enhancing regional stability.

As close neighbors and key players in Asia and the global stage, the relationship between China and Japan carries significance that extends beyond their bilateral ties. During a meeting on the sidelines of the 31st APEC Economic Leaders’ Meeting, President Xi Jinping emphasized the importance of cooperation between the two nations.

“China is willing to work with Japan, in accordance with the principles and directions established in the four political documents between China and Japan, to uphold the important consensus that the two countries should ‘be partners, not threats,’” President Xi stated. He underscored the need to comprehensively advance the strategic relationship of mutual benefit and build a constructive and stable China-Japan relationship that meets the demands of the new era.

Prime Minister Shigeru Ishiba echoed these sentiments, emphasizing that Japan and China should work together to “comprehensively advance the strategic relationship of mutual benefit” and strengthen bilateral ties. He also affirmed that Japan’s position on the Taiwan question, based on the Japan-China joint communique in 1972, remains unchanged. Furthermore, Ishiba stated that Japan has “no intention of decoupling from China,” reinforcing the importance of continued economic cooperation between the two nations.

This dialogue reflects the broader APEC agenda of fostering trust, collaboration, and stability among member economies to ensure long-term growth and shared prosperity.

Source: CGTN, Agencies

Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

MORE NEWS

Official Reopening of the Ministry of Foreign Affairs Archives

CultureEducationLocal News
November 23, 2024

Kenya’s small farmers find respite in avocados amid changing climate

NAIROBI(SONNA) As crop diseases and pests rise in Kenya amid a rapidly changing climate that…

March 11, 2023

Somalia and Ethiopia Initiate Joint Cooperation Review Meeting in Addis Ababa

Addis Ababa, Ethiopia – A crucial review meeting of the technical committee comprising ministries from both…

July 18, 2025

Nimcaan Hilaac appointed to lead Waberi National Band

Mogadishu (SONNA)-Minister of Information, Culture and Tourism of the Federal Republic of Somalia, H.E. Mohamed…

March 3, 2020

YOU MAY ALSO LIKE

Tibet avalanche death toll hits 28 as rescue operation completed

Mogadishu, (SONNA) - Chinese authorities have confirmed that the death toll in a avalanche in China’s southern Tibet region climbed…

World News
January 21, 2023

7.1-magnitude earthquake hits eastern Indonesia

Mogadishu(SONNA)- powerful 7.1-magnitude earthquake jolted Indonesia’s North Maluku province on Thursday, the country’s meteorological agency said. The epicenter of the…

NewsWorld News
June 4, 2020

Thousands of exhausted South Sudanese head home, fleeing brutal conflict

RENK, South Sudan (SONNA) — Tens of thousands of exhausted people are heading home to the world’s youngest country as…

World News
May 27, 2023

Sierra Leone president said calm resorted, most leaders of barracks attack detained

Sierra Leone President Julius Maada Bio said most of the leaders of an attack on a military barracks in the…

World News
November 27, 2023

Somali National News Agency established in 1964. It is one of the main pillars of the Ministry of Information, Culture, and Tourism.

  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
  • SNTV
  • RADIO MOGADISHU
  • DALKA JOURNAL
  • TOURISM DEPARTMENT

Follow US: 

  • MoICT
  • VILLA SOMALIA
  • OPM SOMALIA

All rights reserved SONNA

©2023

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?