PGMA to meet with Filipinos in L.A. before proceeding to Peru
LOS
ANGELES, Nov. 20 (PNA) -- President Gloria Macapagal Arroyo will have a
brief stopover here on Nov. 21 to meet with the Filipino community
before proceeding to Peru to join other leaders from the 21
Asia-Pacific economies for the 16th Asia-Pacific Economic Cooperation
(APEC) Leaders´ Summit scheduled on Nov. 22-23 in Lima.
The
President’s meeting with the Filipino community will be held at the
Sheraton Gateway Hotel here at around 6 p.m. on Friday. She is
scheduled to leave Los Angeles at 8:30 p.m. for the nine-hour flight to
Lima.
President
Arroyo is expected to arrive in Lima’s Jorge Chavez International
Airport early morning on Nov. 22 where a Peruvian welcome ceremony
awaits her and the 19 other APEC leaders.
The
President's lean delegation includes Trade Secretary Peter Favila,
Foreign Affairs Secretary Alberto Romulo and Press Secretary Jesus
Dureza.
At
noontime on Nov. 22, the President and the other APEC leaders will be
accorded the official welcome and greetings and the APEC traditional
handshakes (in the APEC alphabetical order) with APEC 2008 host
Peruvian President Alan Garcia Perez at the entrance lobby of the
Peruvian Ministry of Defense (MoD) Convention Center at Pentagonito in
Lima.
President
Arroyo will then join the 20 Economic Leaders at the Leaders´ Retreat
in roundtable discussions and meetings at the Bolognesi Room of the MoD
Convention Center with the APEC Peru 2008 theme, “A New Commitment to
the Asia-Pacific Development.”
The APEC leaders will meet over lunch and resume their roundtable discussions in the afternoon session.
APEC
is an agreement mechanism with a regional and inter-governmental range
that groups the 21 Asia-Pacific economies of Australia, Brunei, Canada,
Chile, People´s Republic of China, Hong Kong, Indonesia, Japan,
Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea,
Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, USA
and Vietnam.
The
APEC Leaders will discuss issues in the APEC agenda for the meetings of
the 21 APEC Leaders and the pre-Summit conferences and sessions by 55
Ministers and High Level Officials from the APEC region on the global
economic issues; the APEC support for the WTO Doha Round negotiations;
APEC Regional Economic Integration Agenda; SMEs; Corporate Social
Responsibility; Human Security; APEC Institutional Reform; Trade and
Investment Deliverables; Structural Reform; Anti-Corruption and
Transparency; Economic and Technical Cooperation; Climate Change and
the APEC Food System.
After
the first APEC Leaders´ Retreat, the President and the other APEC
leaders will meet with the APEC Business Advisory Council (ABAC), the
principal economic and business advisory group composed of think tanks,
business and financial experts, investment leaders and CEOs from the
Asia-Pacific community.
After
the APEC Leaders´ Retreat 1 and the Leaders´ Dialogue sessions with
ABAC at the MoD Convention Center, the APEC leaders will be feted at a
gala dinner and cultural performance at the Caceres Esplanade at the
MoD Complex.
On
the second day (Nov. 23), President Arroyo and the other APEC Leaders
will hold their Retreat 2 at the MoD Convention Center. At the close of
the Leaders´ 2 Retreat, the APEC Leaders will have their official group
photographed while clad in special Peruvian ensemble following APEC
tradition.
President
Arroyo will join the APEC Peru 2008 Final Declaration Ceremony at the
MoD Auditorium with presiding APEC 2008 host Peruvian President Garcia
Perez and the incoming APEC 2009 host Prime Minister Lee Hsien Loong of
Singapore.
The
President will be accorded departure courtesies along with the other
APEC leaders at the MoD Departure Hall after the Leaders Closing
Luncheon at the Government Palace.
The
Philippines joined the APEC in November 1989 and assumed the
chairmanship in 1996 when it hosted the 4th APEC gathering in Subic and
Manila.
The
APEC 2008 forum is a timely gathering of world leaders in view of the
global financial crunch to focus and address major issues that affect
the region and the world.
The
forum is especially significant at this time with the APEC economies
representing about 50 percent of the world’s total trade.
With
the global economy in a precarious state, President Arroyo regards the
APEC forum and other gatherings of world leaders as crucial
opportunities to further boost international trade, diplomatic
relations, business and investment opportunities both in the bilateral
and multilateral levels to sustain the country’s economic development.
(PNA)
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