Asia-Pacific business leaders call for forging a new path on inclusion, resilience, and sustainability
BANDER SERI BEGAWAN, Brunei Darussalam — Members of the APEC Business Advisory Council (ABAC) urged APEC Trade Ministers to perceive regional challenges like environmental risks, financial stress, and the cost-of-living crisis as opportunities for reshaping the economy. ABAC conveyed its perspective through letters and statements to APEC trade ministers, transportation ministers, the World Trade Organization (WTO), and the Free Trade Area of the Asia-Pacific (FTAAP).
ABAC’s Chair, Dominic Ng, emphasized the private sector’s aspiration for resilient, inclusive, and sustainable trade. ABAC has provided clear recommendations to governments, aiming for tangible outcomes. These recommendations were presented during the meeting in Brunei.