31st Stop:

Lima, Peru

The 31st APEC Economic Leaders’ Meeting was held in Lima, Peru, on Nov. 16, 2024. Under the theme “Empower, Include, Grow,” leaders discussed key regional issues and issued the 2024 APEC Leaders’ Machu Picchu Declaration, the Ichma Statement on a New Look at the Free Trade Area of the Asia-Pacific Agenda, and the Lima Roadmap to Promote the Transition to the Formal and Global Economies. They also endorsed China as the host of APEC 2026.

Lima, Peru’s capital, was founded in 1535, the city was named the “City of Kings.” It has a tropical desert climate, with mild temperatures and little rain year-round, earning it the nickname “The City of No Rain.”