Chilean President Sebastián Piñera leaves today on a seven day trip to Japan to attend the Asia-Pacific Economic Cooperation (APEC) meetings being held on November 13 and 14 in Yokohama. He will then travel to Beijing on his first official state visit to China. The President will stay through the 40th anniversary of Chinese-Chilean bi-lateral relations on November 17.
This year’s APEC meetings will continue to work on establishing a regional free-trade zone, envisioned to encompass all of Asia despite on going disputes regarding foreign exchange and monetary policies. President Piñera’s participation will be focused around Chile’s participation in the Trans-Pacific Partnership (TPP) protocol, currently including Brunei, New Zealand, Australia, Singapore, the United States, and Chile, which reduces tariffs for trade between APEC countries and the other non-Asian participants. Malaysia has recently joined TPP, and much speculation is on Japan and South Korea to follow suit.
Piñera’s itinerary will include meetings with local officials in Tokyo on Monday before departing to China where he is scheduled to meet Chinese President Hu Jintao, Prime Minister Wen Jiabao and Chairman of the National Assembly Wu Bangguo. The President returns to Santiago, Chile, on November 18.