PHL All Set for APEC Leaders Summit; Chile President Bachelet First to Arrive

PHL VICE PRESIDENT Jejomar Binay leads offcials in greeting Chile President Michelle Bachelet upon arrival at the airport

MANILA (PhilAmPress) — The Philippines is all in readiness to host the final meetings this year of the 21-nation Asia Pacific Economic Cooperation (APEC), including the Leaders Summit expected to be attended by US President Barack Obama and other heads of state.
Some 7,000 delegates are expected to attend the meetings together with some 3,000 members of media who will cover the events.
Chile’s President Michelle Bachelet was first to arrive among the foreign leaders for her first state visit also to the Philippines. She planed in Sunday afternoon ahead of APEC economic leaders.

Aboard a 767 military aircraft, Bachelet, Chile’s first woman President, arrived at the Ninoy Aquino International Airport Terminal 2 at 1:24 p.m.
She was welcomed by Vice President Jejomar Binay, Philippine Ambassador to Chile Consuelo Puyat Reyes, Department of Social Welfare and Development Secretary Corazon Soliman, and Foreign Affairs Chief Protocal Maria Aileen Bugarin.
Bachelet and Aquino will discuss major bilateral issues, which include trade and investments as both sides are expected to sign a framework agreement leading to negotiations for a free trade accord between the two countries.
Besides Chile and the Philippines, other APEC members include the Australia, Brunei, Canada, China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Russia, Singapore, Chinese Taipei (Taiwan), Thailand, United States and Vietnam.
President Benigno Aquino III will meet with Chile President Michelle Bachelet on Monday, Nov. 16, at the Malacanang Palace.

”President Aquino is set to welcome at Malacanang Palace the President of Chile, Michelle Bachelet who is also one of the economic leaders that will participate in the Asia Pacific Economic Cooperation (APEC) meetings,” according Palace spokesman Herminio Coloma.
”They will have bilateral meeting that will result in the agreements,” Coloma said.
The PCOO chief said after the signing of agreements, the two leaders will have a state luncheon in honor of the visiting President of Chile.
After meeting with Bachelet, Coloma said President Aquino will have meeting with the chief executive officers of APEC.
”They will have dialogue about the agenda that will be discussed in the APEC. This is about the inclusive growth that is being discussed not only by the economic leaders but also by the CEO and business leaders,” Coloma said.
”They are trying to balance initiatives in the field of business and trade to the economic programs of the member countries to assure that nobody will be left out by the economic growth. The main concept of inclusive growth is inclusive economies,” he added.


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