President Joe Biden will address a group of CEOs grappling with the risks to their businesses from world crises
SAN FRANCISCO — Fresh off his meeting with the leader of China, President Joe Biden on Thursday will address CEOs grappling with the risks to their businesses from world crises and spend time trying to persuade other Indo-Pacific leaders that the U.S. is committed to nurturing economic ties throughout the region.
“We've got a few busy days ahead of us,” Biden said during a welcome reception, ticking off a list of concerns and challenges for the leaders to examine. “Our strongest tools to meet those challenges remain the same… connection, cooperation, collective action and common purpose."
Biden is courting world leaders at the Asia-Pacific Economic Cooperation summit and through his administration’s Indo-Pacific Economic Framework, a group that includes most of the 21 APEC member economies, and a few others, like India, that aren’t members of the larger forum.
The president will also pose for the traditional “family photo” with APEC leaders, host a working lunch and a fancy leaders dinner.
The U.S. hasn't hosted the annual leaders' summit — started in 1993 by President Bill Clinton — since 2011. The group met virtually in 2020 and 2021 because of the COVID-19 pandemic. Leaders did gather in Bangkok last year, but Biden skipped the summit because his granddaughter was getting married and he sent Vice President Kamala Harris in his place.
The annual leaders’ conference brings together heads of nations and other top economic and diplomatic leaders. Biden told those who gathered Wednesday evening at a welcome party — including Russia's representative, Deputy Prime Minister Alexei Overchuk — that today's
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