The presidency of the ABAC meeting (Photo: VNA) The
fourth ABAC meeting reviewed recommendations that the council will submit to
APEC leaders in their meeting on November 10, and built an action plan for
The recommendations
focus on promoting regional integration and removing protectionism barriers
to facilitate business development and investment; support for small- and
medium-sized enterprises in terms of finance and technologies; vision until
2020 and afterwards, Dung said.
The ABAC
was set up by APEC leaders at the third APEC Economic Leaders’ Meeting, which
took place in Japan in 1995, with the aim of promoting the role of the
private economic sector in APEC cooperation.
The ABAC
now comprises of 63 members representing leading businesses in the region.
Source: NDO |