APEC Business Advisory Council

The APEC Business Advisory Council (ABAC) is a group formed under the Asia-Pacific Economic Cooperation (APEC), which includes business leaders from member economies. Its main role is to provide advice and recommendations to APEC leaders on how to foster economic growth and enhance trade and investment in the Asia-Pacific region. ABAC aims to ensure that the perspectives of the business community are considered in policymaking, promoting cooperation and sustainable development among the diverse economies in the region. Through dialogue and collaboration, ABAC seeks to create a conducive environment for businesses to thrive.