BANGKOK: The U.S. city of San Francisco, a state known for economic innovation, will host the leaders’ meeting of the Asia-Pacific Economic Cooperation (APEC) forum in 2023, Vice President Kamala Harris said, as the #APEC2022 summit concluded in Bangkok city on Saturday.
The handover ceremony took place at around noon, with Prayut saying the chalom – the traditional Thai basket and this year’s APEC logo – represented strength, flexibility and consistency. He said he hoped the US would uphold APEC’s aims and visions when it hosts the next summit.
“I’m happy to hand over the chairmanship to U.S. We are ready to conduct a seamless cooperation with them,” he said, handing to Harris a “chalom”, a woven bamboo basket used to carry goods and gifts in Thailand.
“We hope the BCG [bio-circular-green] economic model will also be one of the main factors that bring economies together,” he added.
Prayut said he hopes the US and other economies would work together to help the Asia-Pacific region prosper, adding that the world is undergoing significant change and that environment and sustainability are crucial.
In her statement, Vice President Kamala Harris on Selection of San Francisco as Host City for 2023 APEC Leaders Meeting, said, it is my pleasure to announce that, as part of the United States’ 2023 Asia-Pacific Economic Cooperation (APEC) Host Year, we will convene the APEC Leaders Meeting in San Francisco, California, the week of November 12. President Biden and I look forward to welcoming APEC Leaders to San Francisco next year and to a successful meeting where we will promote economic growth and prosperity for the American people, and people throughout the Indo-Pacific region.
As I told APEC Leaders in Bangkok, Thailand, at the 2022 APEC Leaders Meeting, there is no better place to host APEC 2023 than California, a state known for economic innovation.
Our host year will demonstrate the enduring economic commitment of the United States to the Indo-Pacific. As I have made clear throughout my time in Bangkok: under our Administration, the United States is a strong partner for the economies and companies of the Indo-Pacific, and we are working to strengthen our economic relationships throughout the region, including by increasing two-way trade flows and the free flow of capital, which supports millions of American jobs.
During our host year, the United States will continue to focus on sustainable economic growth, building on the strong foundation Thailand has set in 2022. In particular, we will work with APEC economies to make new sustainability and decarbonization commitments.
The United States announced Honolulu, Palm Springs, Detroit, and Seattle as sites for the first clusters of Asia-Pacific Economic Cooperation (APEC) Senior Officials’ and Ministerial meetings during the U.S. host year in 2023. The site of the November 2023 APEC Economic Leaders’ Meeting will be announced later this year. This will be the first time the United States has hosted APEC since 2011.