Leaders from major economies will meet in China to discuss trade, investment, regional security and growing international tensions.
Leaders and representatives from 21 Asia-Pacific economies are preparing to attend the annual Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen, China, on November 18 and 19.
The meeting is expected to focus on international trade, economic growth, investment and regional security at a time of growing global tensions.
US President Donald Trump, Chinese President Xi Jinping and Russian President Vladimir Putin are among the major leaders expected to attend.
According to Reuters, the possible three-way meeting between the leaders of the United States, China and Russia is expected to attract significant international attention.
Trade relations between Washington and Beijing are also likely to feature prominently in discussions. Issues involving tariffs, artificial intelligence, rare earth minerals and technology supplies remain important areas of disagreement.
The economic impact of conflicts in the Middle East is another major concern, particularly for countries dependent on imported oil and gas.
Relations between China and its neighbours, including Japan and the Philippines, are also expected to receive attention because of continuing disagreements over Taiwan and the South China Sea.
Founded in 1989, APEC is a regional economic forum that promotes trade, investment and cooperation among its members.
According to Reuters, its 21 member economies account for approximately 62% of global gross domestic product and around half of international trade.
The organisation works through voluntary commitments and consensus rather than legally binding agreements.
The summit is expected to provide an opportunity for world leaders to discuss economic challenges and improve cooperation across the Asia-Pacific region.
