President Lee Advocates for Multilateral Cooperation and AI Initiative at APEC Summit

At the Asia-Pacific Economic Cooperation (APEC) CEO Summit held on October 29, 2025, in Gyeongju, South Korea, President Lee Jae-myung addressed the pressing challenges of rising protectionism and nationalism, emphasizing the need for enhanced multilateral cooperation. He also unveiled plans for a new artificial intelligence (AI) initiative aimed at fostering sustainable development across the region.

In his speech at the Gyeongju Arts Center, President Lee highlighted the increasing prevalence of protectionist policies and nationalistic sentiments that threaten global economic stability. He underscored the critical role of APEC as a platform for unity during such crises, stating, "In an era where protectionism and nationalism are on the rise... the words 'cooperation, coexistence, and inclusive growth' may sound hollow." He added, "Paradoxically, APEC's role as a platform for solidarity will shine even brighter in times of crisis like these."

President Lee emphasized the importance of international collaboration to address supply chain disruptions, which have been exacerbated by recent global events. He expressed South Korea's commitment to leading efforts in restoring trust and boosting cooperation across the APEC region.

A significant highlight of President Lee's address was the announcement of an AI initiative aimed at driving sustainable development through innovation. He expressed hope that the vision of "AI for All" would become the new normal for APEC, stating, "The Republic of Korea will propose an artificial intelligence initiative at this summit."

The APEC CEO Summit, held at the Gyeongju Arts Center, gathered top business leaders and political figures from across the Asia-Pacific region to discuss topics such as artificial intelligence, digital transformation, and sustainable growth. This summit marks the second time South Korea has hosted the event, reflecting its ongoing commitment to regional economic integration and cooperation.

Established in 1989, APEC is a regional economic forum comprising 21 Pacific Rim economies that promotes free trade and economic cooperation throughout the Asia-Pacific region. South Korea has been an active member since its inception and previously hosted the APEC Summit in 2005.

The rise of protectionism and nationalism poses significant challenges to global trade and economic stability. By advocating for multilateral cooperation and proposing initiatives like the AI initiative, South Korea aims to foster a more interconnected and resilient global economy. The proposed AI initiative underscores the importance of innovation in driving sustainable development. By promoting AI collaboration among APEC member economies, the initiative seeks to harness technological advancements for the collective benefit of the region.

President Lee's address at the APEC CEO Summit highlights South Korea's proactive stance in addressing global economic challenges through multilateral cooperation and technological innovation. As the region navigates the complexities of protectionism and rapid technological change, such initiatives may play a crucial role in shaping a sustainable and inclusive future for the Asia-Pacific.