Business Leaders to Deliver a Strong Message at Upcoming Dialogue with APEC Leaders

The APEC Business Advisory Council (ABAC) will deliver a strong message to APEC Leaders later this week emphasizing the imperative for collective leadership and decisive action to accelerate economic recovery and secure long-term prospects for growth. This, as the world continues to grapple with a range of urgent and interrelated challenges including the continuing pandemic, geopolitical conflict, rising inflation, food and energy insecurity, the existential threat of climate change and ongoing supply chain disruptions.

ABAC members met in Bangkok from 13 to 16 November to conclude a comprehensive year-long work program that drew inputs from business and academia from across APEC. They will relay the resulting report and recommendations in addition to their urgent call for cooperation to leaders at their annual dialogue that will take place on 18 November.

Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy of Thailand, delivered the keynote address to open the ABAC meeting, stressing the uncertain and gloomy outlook for the global economy.