As the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting commenced in Gyeongju, South Korea, on October 31, 2025, Ong Tee Keat, president of the Belt and Road Initiative Caucus for the Asia-Pacific and former Malaysian transport minister, emphasized the forum’s pivotal role in fostering free trade and inclusive supply chain collaboration. Speaking at the event, Ong stressed that APEC should act as a beacon for global economic cooperation, steering clear of trade weaponization aimed at specific nations. He highlighted the importance of rebuilding resilient supply chains to ensure sustainable economic growth across the region. The meeting, attended by leaders from 21 member economies, focused on addressing challenges posed by geopolitical tensions and the lingering impacts of global disruptions. Ong’s remarks underscored the need for collective action to enhance regional integration and promote equitable development. The discussions also explored strategies to mitigate risks associated with supply chain fragmentation, emphasizing the role of technology and innovation in driving economic recovery. As APEC continues to evolve, its commitment to fostering inclusive and resilient trade networks remains critical to achieving long-term prosperity in the Asia-Pacific region.
