APEC is a conference where the world’s elite meet with government leaders to create harmful economic policies and practices that exploit the working class, harm our environment, and solidifies the United States as an imperial power.
Biden is pushing the Indo-Pacific Economic Framework (IPEF) which champions free trade policies that exploit workers, drive down wages, destroy the environment, and plunder resources in order to pump up profits for big business.
IPEF would offshore jobs during an already severe unemployment crisis, sell our personal data to corporations and governments for surveillance and profit motives, deregulate price and product quality standards, and further erode democratic governance in countries throughout the Pacific.
Asia Pacific Economic Cooperation Forum (APEC) is coming to San Francisco and we say #NO2APEC
APEC’s goal is to establish major international trade deals, but in reality: they keep powerful nations powerful. The “global leaders” and businesses involved prioritize corporate profits over people’s needs while crafting agreements that will impact over 3 billion people around the world.
The same world leaders and corporations profiting from the genocide of Palestinians in Gaza are gathering at APEC to make agreements that further benefit their interests.
President Ferdinand Marcos Jr. has supported Israel’s occupation and genocide of the Palestinian people. As a puppet for the United States, he has allowed the U.S to increase its military bases in the country [1]. The Philippines is also the third largest buyer of Israeli weapons [2].. In return, Israel is a labor receiving country of overseas Filipino workers [3].
With the 2024 Presidential elections coming up, Biden aims to fundraise for his own campaign at APEC amongst CEOs of Boeing, Chevron, & Exxon – all corporations profiting from the attack on Gaza [4]. Meanwhile, he is using our tax dollars to aid Israel, requesting $14 billion to be sent to Israel. $14 billion that could be used for education, healthcare, or infrastructure here in the US.
“This is the future of our lives that they are playing with.”
– Malaya Anakbayan CCSF
APEC has failed to address the increasing disparity between the wealthy and the poor. Instead, it has allowed governments and corporations to exploit people, land and resources.
