President Chili Sebastian Pigner decided to refuse the APEC summit on November 16-17 and the UN conference on climate.
- Pignera substantiated this with protests in the country and common sense: "The president must put his people above everything." Now the main thing is to "restore public order, the safety of citizens and society as a whole, as well as create the basis for a response to the main requirements of the Chileans."
- The reason for the protests was a slight rise in the passage in the Santiago metro, but their deep causes are completely different .
- At the APEC summit, a meeting of US leaders Donald Trump and China Xi Jinping was supposed. It was expected to formalize the "first phase" of a trading agreement, which should put an end to the trading war of countries.
- The markets poorly reacted to the growing uncertainty of further trade relations of the largest economies in the world. Dow Jones and Dax indices fell, Chilean peso lost 1.6% to the dollar.
- Later, the White House said that he was hoping "to complete the first phase of the historical trading agreement with China in the previous time framework."