CHICAGO – President Barack Obama will be attending the Asia Pacific Economic Cooperation (APEC) Summit this month in the Philippines, the White House announced recently.
The APEC Economic Leaders Meeting is set on Nov. 17-20 in Manila.
In a statement, the White House said President Obama will travel to Turkey, the Philippines and Malaysia on November 14-22, 2015.
In Turkey, the President will participate in the G-20 Leaders Summit, where he will spur international efforts to ensure strong, sustainable, and balanced global economic growth.
In the Philippines, he will participate in the Asia Pacific Economic Cooperation Summit, and in Malaysia he will participate in the U.S.-ASEAN Summit and the East Asia Summit.
The President’s visits to the Philippines and Malaysia underscore America’s support for Asia’s regional institutions, which enhance security and prosperity, while also advancing the U.S. strategy to rebalance to the Asia-Pacific region in all of its dimensions, including political, economic, security, and people-to-people engagement, the White House said.
The visits will also support the President’s efforts to expand opportunities for American businesses and workers to sell their products in some of the world’s fastest-growing markets. Throughout the trip, he will emphasize the importance of reaching an ambitious and durable global climate change agreement in Paris.
APEC consists of 21 member-economies including developed and developing countries namely: Australia, Brunei Darussalam, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, Canada, United States, Chinese Taipei, People’s Republic of China, Hong Kong, Mexico, Papua New Guinea, Chile, Peru, Russia and Vietnam.
Member economies aim to provide an avenue for creating and maintaining sustainable economic growth and prosperity in the region by providing the stakeholders an arena to exchange ideas, opinions, concerns, and plans.
This will be Obama’s second trip to the Philippines in two years. In April last year, Obama paid a two-day state visit to the Philippines to witness the signing of the Enhanced Defense Cooperation Agreement. ([email protected])