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A Look at What's Happening During APEC
World leaders may be looking forward to time in the sun as they head to Hawaii for the Asia Pacific Economic Cooperation, but a full schedule of meetings is what they’re here for. HPR's Nikki Motson has more on what’s taking place this week.
APEC 2011 meetings get underway today, Tuesday November 8th. The meeting schedule will be rigorous for the 21 member economies. Issues from expanding free trade, education, biotechnology, and counter-terrorism measures are among the many on the agenda.
Tuesday and Wednesday Senior Officials meet to discuss issues such as energy, agriculture, tourism, customs regulations and combating global health issues such as SARS or H1N1.Promoting small and medium sized business growth and workforce development are also key topics under discussion today.
Senior Finance Officials will discuss streamlining regulatory barriers to trade and increasing financial services for the poor.
Wednesday, November 9th the Finance Deputies meet as part of the APEC Finance Ministers' Process. Partners include the World Bank, the International Monetary Fund, the Asian Development Bank, the Inter-American Development Bank, and the APEC Business Advisory Council.
Wednesday and Thursday the Asia-Pacific Business Symposium will showcase several Hawaii companies as innovators in fields like renewable energy and environmental cleanup.
On Thursday the Finance Ministers meet with host U.S. Treasury Secretary Timothy Geithner. The CEO summit also commences, bringing together 13 heads of state, including President Barack Obama, President Hu Jintao of China and President Dmitry Medvedev of Russia.
Business leaders include chairs and CEO’s from General Electric, Lockheed Martin, Google, Sumitomo Chemical, Johnson & Johnson, Eli Lily, Gazprom and others.
Friday’s Ministerial Meeting features Secretary of State Hillary Rodham Clinton and U.S. Trade Representative Ron Kirk.
Saturday more world leaders will be on island for the Leaders Meeting. A dinner and reception showcasing Hawaiian culture is planned.
Events move from Waikiki to Ko Olina on Sunday for the closing day of discussions. Leaders from each of the 21 member economies are expected. President Obama will attend to additional business while in his birthplace. Post APEC he’ll meet with the heads of Canada and Mexico to discuss economic issues in North America.
Mr. Obama will stick around for a campaign fundraiser on Monday the 14th at the Walt Disney Co.'s new Aulani resort.