APEC NEWS RELEASE Issued by The APEC Business Advisory Council (ABAC)
Auckland, 14 February 2023 – Members of the APEC Business Advisory Council (ABAC) met in Auckland, New Zealand this week to develop a work plan that calls on policymakers to leverage trade and economic policies to address the region’s sustainability and economic inclusion challenges.
2023 ABAC Chair Dominic Ng noted, “APEC members need to undertake massive decarbonization of their economies while ensuring that disadvantaged parts of our communities are not left behind. Cross- border trade and investment and technological innovations can turbo-charge this critical work. The private sector is well-positioned to contribute to these efforts – but above all APEC member economies must make this a priority in designing their economic policies.”
Acknowledgement for source: Tradeworks – Stephen Jacobi