The war in Ukraine, global inflation and global supply chain issues are some of the topics discussed at the APEC Forum.
Chilean President, Gabriel Boricended his participation in the Asia Pacific Economic Forum (APEC, in English) in Bangkok, where he strengthened ties with countries such as China, Vietnam and Indonesia and advocated for sustainable development.
“The central message we wanted to convey to our partner economies is, on behalf of all Chilean men and women, that our country is a serious country, economically reliable”Boric said this at a press conference in the Thai capital, where he recalled that APEC It represents 70% of the country’s trade.
Speaking to the media at the Temple of the Golden Mount, the president added that Chile is “recovering from the economic and social impact of the pandemic in a fair and sustainable way”.
Of the meetings he has held since Thursday, Boric highlighted Friday’s meeting with the Chinese president, Xi Jinpingaddressing issues related to climate change and technological innovation, among others, as well as an invitation to visit China in 2023.
The head of state also held meetings with his Vietnamese counterpart, Nguyen Xuan Phuc, as well as other leaders such as Australia’s Anthony Albanese, Japan’s Fumio Kishida, Canada’s Justin Trudeau and New Zealand’s Jacinda Ardern.
Meeting with IMF
This Friday, Boric spoke to IMF Director General Kristalina Georgieva, addressing the issues of supply chains and the ways to build a “fairer, more supportive economy”.
The president, who traveled to Thailand with a delegation of Chilean businessmen, reported the signing of a protocol with Indonesia to facilitate trade, This allows Chilean companies to benefit from this country’s ties to Asia and Indonesian companies from Chile to Latin America.
“Chile needs the world and the world needs Chile”said Boric, who assured that his country can offer its culture and the talent of its citizens, in addition to its natural resources such as the lithium or copper.
The president, who returns to Chile on Saturday, called for sustainable development and environmental action in “difficult times”, stating so has agreed with Canada to support the revision of the corporate-state dispute settlement mechanisms of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11).
Last Thursday, Boric called for reform of this part of the TPP-11 to prevent corporations from taking precedence over states in resolving disputes.
The president argued that it is normal for economic treaties to be reviewed, as is happening between the European Union and Chile, and adopt measures adapted to the current situation, such as the 15% international tax on multinationals.
Canadian mining company controversies
Boric claimed he also raised the controversies of some Canadian mining companies in Chile with the Canadian Prime Minister. so that these “companies behave” according to the same standards as in your countryregarding labor and environmental conflicts.
The war in Ukraine, global inflation and problems with global supply chains are some of the topics discussed at the APEC Forum, which was able to agree on a final statement despite disagreements over the Ukrainian conflict.
Established in 1989 and equivalent to 61% of global GDP, APEC consists of Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Taiwan, Thailand, the United States and Vietnam.