Sadly, no. As this Australian news report acknowledges, Dubya just gave The Chasers all new material.
To remind Bush what APEC actually is (from their website):
Asia-Pacific Economic Cooperation (APEC) is the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region.
Since APEC's birth in 1989 it has grown to encompass 21 members spanning four continents, and represents the most economically dynamic region in the world, accounting for approximately 40 per cent of the world's population, 56 per cent of world GDP and 48 per cent of world trade.
The 21 APEC Member Economies are Australia; Brunei Darussalam; Canada; Chile; People's Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The Republic of the Philippines; The Russian Federation; Singapore; Chinese Taipei; Thailand; United States and Viet Nam.
Nope, can't see why that would be worth getting right, can you?
In the "glass half full" category, APEC leaders, led by Canadian PM Stephen Harper, agreed to working on curbing global climate change. In the "glass half empty" category, the agreement--made with the top 4 biggest polluters (US, China, Japan and Russia)--is non-binding.