SINGAPORE, Sep 4, 2020, Kyodo. The annual summit of the Asia-Pacific Economic Cooperation forum will be held online Dec. 4 due to the coronavirus pandemic, an Asian diplomatic source said Friday, Kyodo News reported.
The APEC summit was originally scheduled to be held Nov. 12, but Malaysia, the current chair of the regional forum, has decided to postpone it by about three weeks, according to the source.
An online gathering of 21 member economies across multiple time zones would be a daunting task, however.
Malaysia is expected to formally announce the date shortly.
APEC, which accounts for about 60 percent of world gross domestic product and about 48 percent of world trade, groups Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Taiwan, Thailand, the United States and Vietnam.