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APEC Ministers Advance AI Governance With U.S. and World Bank Partnerships

A new high-level consultative body will steer regional AI policies under South Korea’s chairmanship ahead of the economic leaders’ summit.

Overview

  • Delegates from all 21 APEC economies issued their first collective statement on digital transformation and artificial intelligence, committing to innovation, universal connectivity and a safe digital ecosystem.
  • The meeting laid groundwork for a permanent consultative body that will guide policy coordination on AI and digital issues across member economies.
  • South Korea’s Science Ministry and the World Bank convened a forum in Incheon to promote inclusive AI-driven development and foster global digital cooperation.
  • Science Minister Bae Kyung-hoon and U.S. OSTP Director Michael Kratsios discussed a bilateral initiative on strategic technologies to deepen AI collaboration ahead of a planned summit.
  • In a keynote address, Kratsios urged APEC members to adopt U.S. technology standards over Europe’s more restrictive approach to maintain leadership in AI innovation.