APEC 2015 Summit in Boracay?

By RG Cruz, ABS-CBN News

Posted at Aug 29 2012 01:53 PM | Updated as of Aug 30 2012 01:04 AM

PH to host 21 leaders again after Subic in 1997

PH may meet with China in APEC summit in Russia

MANILA - The Department of Foreign Affairs (DFA) has confirmed that the Philippines is poised to host the 2015 Leaders' Meeting of the Asia Pacific Economic Conference (APEC).

DFA Undersecretary Laura del Rosario said the announcement of the Philippines as host of the 2015 APEC meeting is expected to take place during the 2012 APEC Leaders' Meeting in Vladivostok, Russia next week.

Del Rosario said the government has no venue for the meeting yet. The last time the Philippines hosted APEC, it was held in Subic in 1997 by then President Fidel Ramos.

The Philippines will host the summit again after Indonesia (2013) and China (2014).

Del Rosario welcomed this development since it will allow the Philippines to show its cooperation, particularly with China, by making note of its own APEC agenda when it hosts the summit.

Del Rosario said the country will need a venue with at least 63 presidential suites for the meeting, with government getting suggestions for Boracay and Amanpulo as hosts.

No PNoy-Obama bilateral

Meantime, US President Barack Obama is not expected to meet with President Aquino during the summit next week. Del Rosario said Obama is not attending the summit, sending a foreign minister instead as it is an election year in the US now.

Del Rosario said that a bilateral meeting with China President Hu Jintao is on top of the priority list among 8 requests for bilateral meetings next week.

She also expects that the West Philippine Sea conflict may be raised during the possible bilateral meetings with the other countries, though President Aquino is just expected to explain and reiterate the current Philippine position on the disputed territories.

Others on the list of requests for bilateral meetings are China, Chile and Japan. Aquino has only 3 to 4 hours to hold bilateral meetings. A bilateral meeting lasts around 30-40 minutes each.

Del Rosario said the West Philippine Sea dispute is not going to be raised in APEC itself since it is a political issue that does not concern all of the 21 member-economies.

Aquino will lead a delegation that will also include DFA Secretary Albert del Rosario, Finance Secretary Cesar Purisima, and Trade and Industry Secretary Greg Domingo.

APEC 2012 has a motto of "Integrate to Grow, Innovate to prosper".

Aquino is expected to present the Philippine position on APEC'S 2012 priorities, namely: trade and investment liberalization, regional economic integration; strengthening food security; establishing reliable supply chains, intensive cooperation to foster innovative growth.

Aquino is also expected to particpate in the APEC Business Advisory Council (ABAC) dialogue with leaders.

The ABAC Philippine delagtion is going to be led by A. Magsaysay Inc. President and CEO Doris Magysaysay Ho, Jollibee CEO Tony Tan Caktiong, and Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala.