Biden Meets Peru's President at APEC Summit, Announces $65 Million Aid Package
- During the APEC summit in Lima, President Joe Biden held a bilateral meeting with Peru's President Dina Boluarte. Biden expressed gratitude for Peru's efforts against drug trafficking and announced a $65 million aid package over five years, which includes nine Blackhawk helicopters.
- The APEC summit is significant as it gathers leaders from 21 economies, representing nearly two-thirds of global GDP and half of the world's trade. This year's meeting is particularly notable as it is the first major global summit following Donald Trump's
- Biden's six-day visit to Latin America includes participation in the APEC summit and a subsequent G20 meeting in Brazil. He is expected to face inquiries from global leaders regarding the implications of Trump's return to the White House.
- The U.S. aid to Peru aims to bolster the country's capabilities in combating drug trafficking, highlighting the ongoing collaboration between the two nations in addressing this critical issue.
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