November 1, 2025 | 03:54 pm
TEMPO.CO, Jakarta - The 2025 summit of the Asia-Pacific Economic Cooperation (APEC) forum adopted a joint leaders' declaration as it concluded in South Korea on Saturday.
Leaders assembled in Gyeongju also agreed on an Artificial Intelligence Initiative and the APEC Framework for Cooperation on Population Structure Changes.
APEC member countries adopted a statement acknowledging the importance of a trade environment that promotes resilience and benefits for all.
The host, South Korea, said the United States has the most important role in Seoul's relations with neighboring North Korea.
South Korean President Lee Jae Myung said he hoped to help US President Donald Trump play "peacemaker" on the Korean Peninsula, but he also urged China and Russia to play a part.
China to host next APEC summit
Speaking at the summit's closing ceremony, Chinese President Xi Jinping announced that China will host the annual APEC summit at the tech hub of Shenzhen next year in November.
It will be the third time China has hosted the meeting. Xi said Shenzhen, often described as China's Silicon Valley, is "a miracle in the history of world development created by the Chinese people."
He also proposed the establishment of a global organization to cooperate on artificial intelligence.
In his speech, Xi noted that APEC is the most important platform for economic cooperation in the Asia-Pacific region.
The APEC region accounts for 50% of global trade and 61% of the world's total economic output.
Speaking at the summit on Friday, Xi had called for protection of the multilateral trading system and deeper economic cooperation.
Editor’s Choice: APEC Summit: Indonesia's Prabowo Urges Cooperation in Cross-Border Crimes Crackdown
Click here to get the latest news updates from Tempo on Google News
Danantara Indonesia Partners with South Korean Firms to Cut Plasma Imports
4 jam lalu
Danantara Indonesia and SK Plasma will improve PODP's local manufacturing and production capabilities.
Trump's Proposed Nuclear Tests: What You Need to Know
20 jam lalu
Donald Trump has called for the US to resume nuclear tests, seemingly reversing a decades-long trend. But will this actually mean nuclear explosions?
Prabowo Asks New Zealand to Send English Teachers for Indonesian Migrant Workers
20 jam lalu
President Prabowo Subianto asked New Zealand Prime Minister Christopher Luxon to send English teachers to Indonesia.
Prabowo Hails Trump-Xi Meeting, Says Global Economy Hinges on Peace
21 jam lalu
Prabowo Subianto spoke about the much-anticipated meeting between President Donald Trump and China's Xi Jinping during APEC Summit.
APEC Summit: Indonesia's Prabowo Urges Cooperation in Cross-Border Crimes Crackdown
1 hari lalu
Prabowo stated that smuggling, money laundering, human trafficking, and narcotics can disrupt the regional economic stability.
10 Largest Economies in the World 2025: US Retains the #1 Spot
1 hari lalu
The 2025 ranking of the largest economies in the world once again sees the US retaining the number 1 spot, with a current GDP of $30.62 trillion.
The Charm of Gyeongju, South Korea's Historic City and Beloved Drama Filming Location
1 hari lalu
The city of Gyeongju has been a backdrop for numerous Korean dramas such as Princess Hours, The Great Queen Seondeok, Mr. Sunshine, and Bon Appetit, Your Majesty.
Prabowo to Outline Steps for Asia-Pacific Development at 2025 APEC Summit
1 hari lalu
Prabowo, along with other APEC leaders, will attend the first session of the APEC Economic Leaders' Meeting (AELM).
Prabowo Arrives in South Korea to Attend the 2025 APEC Summit
1 hari lalu
Prabowo arrived in South Korea on Thursday, October 30, 2025.
10 Countries with the Most Debt in 2025: US, China, and More
1 hari lalu
The US, China, and Japan top the list of countries with the most debt, and are projected to hold around 60% of global government debt in 2025.
