APEC summit adopts declarations on AI and demographic change

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The 2025 APEC summit concluded in South Korea with a joint declaration and an AI initiative, emphasizing the need for resilient trade. This matters as APEC represents a significant portion of global trade and economic output.
APEC summit adopts declarations on AI and demographic change
Why it matters
The 2025 Asia-Pacific Economic Cooperation (APEC) summit, held in Gyeongju, South Korea, concluded with the adoption of a joint leaders' declaration that included an Artificial Intelligence Initiative and a framework for cooperation on population structure changes. The leaders acknowledged the necessity of fostering a trade environment that promotes resilience and benefits all member countries. South Korean President Lee Jae Myung emphasized the United States' crucial role in relations with North Korea, expressing hope for US President Donald Trump to act as a peacemaker. Chinese President Xi Jinping announced that China will host the next APEC summit in Shenzhen, a city known for its technological advancements, and proposed the establishment of a global organization for AI cooperation. The APEC region is vital, accounting for 50% of global trade and 61% of the world's economic output.
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