The 5th Tourism Ministerial Meeting was held in Lima, Peru 9-11 April 2008. Under the theme, "Towards Responsible Tourism in the Asia-Pacific Region," the meeting focused on ensuring continuous sustainable growth in the tourism industry in order to contribute and generate income and employment to local communities, as well as to promote the conservation and preservation of our environment, including social and cultural aspects. 

• Discussions and presentations were held on: Social Inclusion and Indigenous Tourism; Corporate social responsibility; Environmental responsibility; Cultural Tourism; Aviation Connectivity; and Cruise Development in the APEC Region. Several economies shared their work done domestically which relates to issues protecting tourism resources and ecotourism and environmental standards for tourism, hotels and particular areas. They also reported on the rational use of resources in the development of tourism which facilitates the protection and preservation of the natural regional resources.

• The meeting endorsed The Pachacamac Declaration which highlighted support for joint strategies to guide responsible tourism in the region, preserving the ecosystem while minimizing environmental impact and, hence, producing more benefits to local communities.
• The document emphasizes social, corporate and environmental responsibility, encouraging the implementation of renewable energy and social inclusion that contributes to the economic development of local communities. 
• The Declaration encourages better air connectivity through the creation of new air routes and frequencies of exchange to facilitate tourism and foreign trade.

Prior to the 5th TMM, the 32nd Tourism Working Group Meeting was held on 6-7 April 2008. The TWG meeting agreed on several issues:

1. Following up on the 31st TWG meeting, Australia briefed the meeting on the Finalization Report of the Strategic Review of the TWG, which was undertaken by an independent consultant appointed by the TWG Lead Shepherd. The Finalization Report was approved by the members and will be taken up to the SCE for endorsement.
2. Endorsement of developing future capacity-building projects in the area of Tourism that respond to the Leaders and Ministers directives; such as:

 Current ongoing projects:

• The Tourism Impediments Study Stage 3. The consultant presented the final report on the project which is, completed and is in the process of publication.
• Capacity Building on Tourism Satellite Account. As the basis for Promoting Liberalization and Facilitation on Tourism Services, Australia provided the progress report and requested the members to provide valuable inputs in refocusing the scope of the project.

Possible project proposal:

• Improveming management capacities of communitarian thermal resources for improving living conditions
• Use of clean technologies and the application of social-environmental quality standards in lodging and tourist development projects
• Best Practices in Corporate Social Responsibility for Tourism in APEC Economies