San Francisco to host APEC summit in 2023

The United States city of San Francisco will host the next leaders' meeting of the Asia-Pacific Economic Cooperation (APEC) forum.

US Vice President Kamala Harris made the announcement as the 2022 summit drew to a close in Bangkok on Saturday.

Thailand's Prime Minister Prayuth Chan-ocha, who is this week's host, handed over the chair of APEC to the US for 2023, signalling the forum's end for this year.

"I'm happy to hand over the chairmanship to US," he said, passing Harris a "chalom" - a woven bamboo basket used to carry goods and gifts in Thailand.

"We are ready to conduct a seamless co-operation with them."

In a statement released by the White House, Harris said the US host year would demonstrate her country's enduring economic commitment to the Indo-Pacific.

Harris is from Oakland, across the bay from San Francisco, and previously served as a US senator for California and as attorney general for the state.

Harris, who led the US delegation at the summit talks in Bangkok, said: "We are working to strengthen our economic relationships throughout the region, including by increasing two-way trade flows and the free flow of capital, which supports millions of American jobs."

The meeting in the California city will take place the week of November 12.

In a separate statement, APEC leaders said the group welcomed an offer by Peru to host the bloc in 2024 and by South Korea to host it in 2025.