A Pivotal Gathering in Washington
In a momentous announcement, Prime Minister Justin Trudeau declared his participation in the inaugural Americas Partnership for Economic Prosperity (APEP) Leaders’ Summit, set to take place on November 3, 2023, in Washington, D.C. Hosted by President Joe Biden of the United States, this historic summit brings together leaders from 12 member countries, including Canada, the United States, Chile, and Mexico.
A Shared Vision for Economic Prosperity
The APEP Leaders’ Summit aims to foster cooperation on a wide range of crucial issues, uniting countries in their commitment to strengthening their economies and trade relations, enhancing collective stability, and creating high-quality jobs that bolster the middle class.
Additionally, leaders will explore opportunities for responsible and sustainable investments that can secure supply chains for the next generation. Addressing the economic challenges of migration within the hemisphere will also be on the agenda.
Trudeau’s Focus on Climate Change and Economic Growth
Prime Minister Trudeau is expected to emphasize the importance of ambitious action on climate change during discussions with fellow APEP partners. He will advocate for the creation of high-quality jobs and the acceleration of clean energy technology development.
Trudeau’s role as a climate change leader and a strategic partner in advancing prosperity within the hemisphere will be highlighted. Moreover, he will showcase Canadian businesses and investment opportunities in the U.S., Latin America, and the Caribbean.
A Vision for the Future
Speaking about the summit, Prime Minister Trudeau expressed his enthusiasm, saying,
“There is no better time to work together toward achieving a prosperous, strong, and resilient future for our hemisphere. That is why I look forward to working with APEP leaders at the Leaders’ Summit to advance important issues such as sustainable economic growth, climate adaptation and mitigation, and expanding trade and investment ties in the region.”
A Historic Initiative for the Western Hemisphere
The APEP Leaders’ Summit represents a historic initiative, laying the groundwork for regional cooperation. It aims to foster competitiveness, resilience, shared prosperity, and inclusive and sustainable investment within the Western Hemisphere. The summit aims to unlock the Western Hemisphere’s full economic potential by enhancing competitiveness, fortifying regional supply chains, addressing climate change, and rejuvenating economic institutions in the region.
The APEP Member Countries
The 12 APEP member countries participating in this historic gathering are Barbados, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, the United States, and Uruguay.
The Canada-United States Partnership
Canada and the United States build their relationship on shared geography, values, interests, and robust economic ties. The two nations nurture the world’s largest trade relationship. Ongoing cooperation on various issues strengthens this partnership, highlighting the significance of their alliance.
Canada’s Commitment to the Region
Canada also maintains strong relationships with Caribbean countries, collaborating on development challenges and regional security. Common values such as democracy, human rights, and the rule of law unite Canada with its Commonwealth, Francophonie, and other partners. In addition, Canada shares deep connections with countries in Latin America, fostering people-to-people ties, shared values, trade, investment, student exchanges, and tourism.
The APEP Leaders’ Summit is set to pivot and advance economic prosperity, sustainability, and resilience across the Western Hemisphere. Prime Minister Trudeau’s attendance and Canada’s active involvement in the summit underscore their dedication to shaping a prosperous future for the region.