APEC Economic Leaders created the APEC Business Advisory Council (ABAC) in 1995 as a permanent, institutional mechanism to provide private sector input to APEC working-level government and senior officials. Up to three senior business representatives from each of the 21 APEC economies are appointed by their respective leaders to serve on ABAC and attend quarterly meetings [...]
As chair in 2023, the United States is well-positioned to align the priorities and themes of the Asia Pacific Economic Cooperation (APEC) forum with its vison for the norms and values that underpin trade and commerce in the Indo-Pacific region, just as it did when it chaired the organization in 1993 and 2011. In 1993, then-President [...]
U.S. to lead APEC in 2023 On February 10, Thai Prime Minister Prayut Chan-o-cha announced the U.S. will chair APEC in 2023 with Peru following as chair in 2024. White House Press Secretary Jen Psaki welcomed the news stating, “It is a top priority for the Biden-Harris Administration to serve as a strong, reliable partner to [...]
The release of the Sixth Assessment Report published in 2021 by the Intergovernmental Panel on Climate Change and the recent endorsement of the Glasgow Climate Pact by 197 countries at COP26 has once again highlighted climate change as a pressing global challenge. The need for innovative solutions to address the risks posed by climate change is [...]
U.S. Announces Offer to Chair APEC in 2023 During her trip to Asia in late August, Vice President Kamala Harris announced the U.S. offer to chair APEC in 2023. NCAPEC’s Board of Governors, which began advocating for this outcome directly to the administration, publicly welcomed the announcement and noted their intent to support this important endeavor. [...]
NCAPEC is delighted to inform you that in Singapore on August 24, Vice President Kamala Harris announced that the U.S. is offering to host APEC in 2023. Here is the link to the Vice President's speech: https://www.youtube.com/watch?v=KdtMRIrzFJA The Vice President's announcement begins at 15:08 in the recording and she states: “And now with an eye toward [...]
Recognizing the imperative for closer regional cooperation to respond to the COVID-19 crisis, New Zealand Prime Minister Jacinda Ardern hosted Asia-Pacific Economic Cooperation (APEC) Leaders virtually for their first-ever mid-year gathering. Convening leaders in advance of the November summit brought attention to the COVID-19 health and economic crisis and response as APEC economies grapple with the [...]
The Biden administration has a unique opportunity to demonstrate its commitment to active leadership and collaborative engagement in the Asia Pacific by announcing that it will chair APEC in 2023. Taking this step would give form to President Biden’s remarks in early February on America’s Place in the World where he noted, “American cannot afford to [...]
NCAPEC concluded its four-part series, Beyond Bogor: Exploring APEC’s Next Chapter, with a session on sustainable and inclusive growth. The series attracted a diverse, live audience from across the APEC region, with 18 of 21 APEC economies represented and strong participation from both U.S. and foreign government officials. NCAPEC would like to thank series sponsors – FedEx, Google, [...]
The Asia Pacific region has undergone a remarkable transformation in the 26 years since 18 APEC Leaders gathered in Indonesia to set forth a shared vision of achieving free and open trade and investment in the region by 2020, known as the Bogor Goals. Today, the region is the primary driver of global growth and represents [...]
