ABAC (APEC Business Advisory Council)

ABAC, or the APEC Business Advisory Council, is a group of business leaders from Asia-Pacific economies who advise APEC's government leaders on economic policies. Its goal is to promote sustainable economic growth, regional economic integration, and increased trade and investment. ABAC provides insights and recommendations based on the perspectives of the private sector, helping governments implement policies that facilitate business development and cooperation across member economies. It serves as a bridge between the business community and policymakers, ensuring that economic initiatives reflect real-world business needs and opportunities in the region.