PM Nguyen Xuan Phuc will attend the 26th APEC Economic Leaders’ Meeting in Papua New Guinea from November 17-18 at the invitation of PM Peter O’Neill. Prime Minister Nguyen Xuan Phuc. (Photo: Laodong) This is the first time Papua New Guinea hosts this kind of event. This year meeting will take place in Port Moresby – the capital and largest city of Papua New Guinea. The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific region. APEC’s 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.