In 2021, Óscar Maúrtua, the minister of foreign affairs of Peru, announced the organization of the 2024 APEC summit.

[1] On February 10, 2022, the prime minister of Thailand, Prayut Chan-o-cha, in his capacity as current president of APEC, announced the United States as host of the 2023 meeting and Peru for 2024.

Mexican President Claudia Sheinbaum, Papua New Guinean Prime Minister James Marape and Philippine President Bongbong Marcos announced that they would not attend APEC Peru 2024 meeting, which would have been the first in-person APEC meeting for Sheinbaum; while on the other hand, Marcos cited the recent typhoons affecting the Philippines.

Instead, Sheinbaum, Marape and Marcos have designated Mexican Economic Secretary Marcelo Ebrard, Papua New Guinean Deputy Prime Minister John Rosso and then-acting Philippine Trade Secretary Cristina Aldeguer-Roque as their respective representatives to the summit.

[4][5] Meanwhile, Russian President Vladimir Putin did not attend the summit because Peru is a member of the International Criminal Court, which has issued an arrest warrant against Putin for his war crimes relating on the Russian invasion of Ukraine, and hence it is highly likely that the Peruvian Ministry of Justice would implement the warrant to arrest the Russian president; with Deputy Prime Minister Alexey Overchuk designated to serve as Putin's representative to the summit, instead.