Overview
- Leaders adopted the Declaration of Gyeongju committing the 21 economies to expand trade, open markets and sustainable investment while reaffirming the Putrajaya 2040 vision.
- Two separate statements called for coordinated regional responses to artificial intelligence disruption and to falling birthrates and aging populations.
- The US–China de-escalation reset summit dynamics as President Trump left before the leaders’ sessions, allowing Xi to present China as a defender of free trade.
- Mexico’s economy secretary Marcelo Ebrard urged a short‑term regional plan and frameworks to govern AI and address labor-market impacts tied to demographic shifts.
- Peru won unanimous backing to chair APEC in 2034, as Xi held bilaterals including with Canada that aimed to strengthen ties and work through trade frictions.