Cultural Industries
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Apec leaders adopt Gyeongju Declaration, name cultural industries growth driver
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Asia-Pacific Economic Cooperation (APEC) leaders adopted the Gyeongju Declaration at the 2025 summit, recognizing cultural and creative industries as a growth driver for the first time. The declaration reaffirmed the importance of trade and investment cooperation but omitted references to the World Trade Organization (WTO)-centered multilateral trade system, drawing attention. South Korea's initiatives on AI and demographic changes were highlighted.