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APEC Economic Leaders’ Meeting – the annual meeting of the Leaders of the member economies, at which the policy agenda is set for APEC. Leaders consider proposals and recommendations from Senior Officials’ Meetings (SOM), Sectoral Ministerial Meetings, APEC Business Advisory Council (ABAC), and Joint Meetings of Ministers for Foreign Affairs and Ministers Responsible for Trade (AMM), and issue Leaders’ Statements on future development directions for the years to come. The first AELM was held in 1993 at Blake Island, United States. The Honorable Prime Minister of Malaysia attends the AELM annually.