As many as 150 business leaders from Asia – Pacific Economic Cooperation
(APEC) economies are gathering in Singapore for the second APEC
Business Advisory Council Meeting (ABAC 2) of 2013.
During the event, which opened on April 3 and will run through to April
6, they will discuss the most current and pressing issues faced by
businesses and offer recommendations to policymakers to facilitate trade
and investment.
The Vietnamese delegation to the
meeting is headed by Hoang Van Dung, Executive Vice President of the
Vietnam Chamber of Commerce and Industry.
ABAC 2 is one of the
four ABAC meetings held during the Indonesian chairmanship in 2013, with
the first in Manila (the Philippines ) in January. The third will
take place in Kyoto ( Japan ) in July, and the last in Bali (
Indonesia ) in October.
The key deliverable for ABAC 2 is the
development of an ABAC Letter to highlight the recommendations to the
APEC Minister Responsible for Trade, to be held in Indonesia on
April 20 – 21.
APEC member economies are Australia;
Brunei; Canada; Chile; China; Hong Kong, China; Indonesia; Japan;
Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; the Philippines;
Russia; Singapore; the Republic of Korea; Chinese Taipei; Thailand; the
United States; and Vietnam.-VNA