On the right, Teresa Mera, Peru’s Minister of Foreign Trade and Tourism, attends the APEC summit on behalf of President José Jerí. Next to her are Japan’s Prime Minister Sanae Takaichi and U.S. Treasury Secretary Scott Bessent. On the left side of the photo is South Korean President Lee Jae-myung. The leaders are pictured at the Gyeongju Hwabaek International Convention Center in Gyeongbuk on the 1st, wearing traditional hanbok scarves featuring the APEC summit emblem and Hangeul consonants and vowels embossed in gold leaf. / Newsis
Global Trade

Peru to host APEC leaders’ summit in 2034 after receiving unanimous support from leaders

A view shows a part of a crane at the new megaport being built by China's state-owned Cosco Shipping, promising to shorten sea routes to Asia for Peruvian and some Brazilian goods, in Chancay, Peru. October 24, 2024. REUTERS/Angela Ponce
Global Trade

In South America, President-elect Donald Trump already losing a trade battle with China

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