Malaysia's Prime Minister Muhyiddin Yassin, arrives for the opening of the first virtual Asia-Pacific Economic Cooperation (APEC) leaders' summit, hosted by Malaysia, in Kuala Lumpur, Malaysia, Friday, Nov. 20, 2020.
(AP Photo/Vincent Thian)KUALA LUMPUR – Leaders from the Asia-Pacific Economic Cooperation forum, including U.S. President Donald Trump, pledged Friday to work toward free, open and non-discriminatory trade and investment to revive their coronavirus-battered economies.
The APEC leaders’ meeting was the first since 2018 after last year’s host, Chile, canceled the annual summit due to violent domestic protests.
Chinese President Xi Jinping, in his remarks, urged countries to “defend multilateralism” and called for the establishment of an “Asia-Pacific free trade zone at an early date."
APEC leaders adopted the Putrajaya Vision 2040, a new 20-year growth vision to replace the Bogor Goals named after the Indonesian town where leaders agreed in 1994 to free and open trade and investment.