Peru to hold APEC CEO Summit in 2016

  • The Philippines that hosted the Asia-Pacific Economic Cooperation (APEC) CEO Summit on Wednesday handed over the chairmanship of the next summit to Peru where the summit's theme would be "human development and quality growth". Juan Francisco Raffo, chairman of APEC Business Advisory Council 2016, said the southern American country's economy has really been a showcase of success over the years. Raffo said it was not an easy time currently and his country was expected to continue improving its inclusiveness. The summit of 2016 would be an opportunity for all APEC members to know Peru, he added. (Source: IANS)