President Sebastian Pinera announced the cancellation of the APEC and COP-25 conferences in Santiago in the following two months because of the protests.

"This is a very difficult decision. We fully understand the importance of APEC and COP-25 to Chile and the world but this is a logical decision," Pinera told the media on October 30. in Santiago. "What a president needs to do is put people first."

Chile plans to host conferences of the Asia-Pacific Economic Cooperation (APEC) conference on November 16-17 and the United Nations Framework Convention on Climate Change (COP-25) days. 2-13 / 12 in Santiago.

"Our main concern is to restore public order, ensure the security of the people and the peace of society, along with promoting through a social agenda to meet The main requirements of citizens, "Pinera added.

A White House official, speaking on condition of anonymity, said the United States was surprised by Chile's decision. US President Trump and Chinese President Xi Jinping plan to meet at APEC and may sign a first-phase trade agreement, covering financial, monetary and agricultural services. It is not clear how Chile's move will affect US-China plans.

Chile this month faced the worst wave of protests and clashes since the re-establishment of democracy, after the dictatorship Augusto Pinochet in 1973-1990. Protests started as students protested an increase in subway fares, which quickly turned into violent out of control. More than one million people took to the streets on October 25 to demand economic reform and President Sebastian Pinera resigned.

Many Chileans think that unequal socio-economic structure makes them feel left out. They are angry at the situation of low minimum wages and pensions, rising health and education costs and a widening gap between rich and poor.

President Pinera apologized last week to Chileans for not anticipating the outbreak of social unrest, and at the same time announcing a series of measures to help ease public opinion such as increasing pensions and minimum wages.