Today in Lima, Prime Minister Justin Trudeau is engaging with South American leaders at the Asia-Pacific Economic Cooperation summit for the second day. He has official meetings planned with Peruvian President Dina Boluarte and Chilean President Gabriel Boric. Additionally, Trudeau is expected to participate in informal discussions on the sidelines of the summit, where Chinese leader Xi Jinping’s presence is notable due to China’s efforts to strengthen ties with South America.
The APEC group’s primary goal is to address trade barriers and foster economic growth across the Pacific Rim. However, the organization is facing challenges posed by increasing protectionism. Discussions at the summit have frequently revolved around maintaining rules-based trade, particularly as U.S. president-elect Donald Trump has expressed intentions to impose significant tariffs.
Later today, Trudeau will hold a press conference with Trade Minister Mary Ng around 3:30 p.m. Ottawa time, which aligns with Peru’s timezone.