The US President, Joe Biden, is returning to Washington after participating in the annual gathering for Asian leaders held in San Francisco this year.
Biden engaged with several of his counterparts and outlined a vision of camaraderie and cooperation. The most significant of his meetings was with Chinese President Xi Jinping.
This interaction overshadowed the rest of the Asia-Pacific Economic Cooperation summit and resulted in agreements on limiting fentanyl and enhancing dialogue.
Morris Chang, the entrepreneur representing Taiwan at the summit, voiced confidence on Friday that the meeting could help alleviate tensions between the two superpowers and in the region.
Chang also proposed that the meeting could aid in fostering economic steadiness and dependable supply chains.“You don’t have to be at the forefront to understand that without peace, there is no foundation for a supply chain,” Chang expressed at a press briefing.
He further mentioned that the Biden-Xi meeting was a “positive” one, highlighting their agreement to restart high-level military communications.“This should contribute to reducing the tensions between the US and China, and it should enhance the stability of the Taiwan Strait.”
Chang remarked.US dedication to Asia Pacific remains ‘firm’During the summit, Biden declared that America’s dedication to the Asia Pacific is “unyielding” and “vital”. Biden spoke at the Leaders Retreat on Friday and passed on the ceremonial torch to Peruvian President Dina Boluarte, as Peru will host the summit next year.
“Over the past few days, we’ve collaborated, and I believe that’s not an exaggeration; we have collaborated to find ways to establish inclusive, resilient, and sustainable economies for the Asia Pacific,” Biden stated.
The US President announced the initiation of the Women in the Sustainable Economy Initiative.”I challenge all of us to explore new ways we can grasp the full potential of all our people,” he urged.Biden also addressed the hazards posed by rapidly evolving technology like artificial intelligence and implored members to cooperate in ensuring that it evolves for the better.