APEC 2006 in Vietnam
APEC CEO Summit, November 17-19, 2006. Hanoi, Vietnam
The annual APEC CEO Summit is the most important meeting of economic and business leaders whose decisions shape the future of the Asia Pacific and beyond.
The Summit has become a symbol of APEC’s public and private sector cooperation being a unique meeting of economic leaders and distinguised figures from business and civil society and has greatly contributed to the development of APEC’s goal of moving towards a common prosperity.
Started in 1996 as an opportunity for CEOs to participate in the APEC Leaders’ meeting, the Summit has grown in stature to become one of the most prestigious annual events of the region, providing opportunities for business leaders to hear presentations from and to engage in discussions with APEC leaders, policy makers, academia, and other CEOs on the most critical economic and business issues facing the region.
Click here to visit the APEC CEO Summit 2006 web site for more information and to register.
What is Asia-Pacific Economic Cooperation (APEC)?
Asia-Pacific Economic Cooperation, or APEC, is the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region.
APEC is the only inter governmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.
APEC has 21 members - referred to as “Member Economies” - which account for approximately 40% of the world’s population, approximately 56% of world GDP and about 48% of world trade. It also proudly represents the most economically dynamic region in the world having generated nearly 70% of global economic growth in its first 10 years. Click here for a map of APEC Member Economies.
APEC Vietnam 2006
Vietnam joined APEC in 1998, and is the host economy for APEC in 2006.
Visit Vietnam’s APEC 2006 web site to find out more.
APEC Business Advisory Council (ABAC)
ABAC comprises of up to three members of the private sector from each economy. ABAC members are appointed by their respective Leaders, and represent a range of business sectors, including small and medium enterprises. The economy determines the term of membership of each appointee as well as its own administrative arrangements and staff support.
The ABAC International Secretariat based in Manila , the Philippines serves all members and all economies and maintains a website. Funding is provided through a system of annual dues, which are structured to reflect the size of each economy, following the APEC formula.
For more information, visit the ABAC Secretariat web site
ABAC USA Members
Michael Ducker, Executive Vice President, International and Express Freight Service, FedEx Express
Spencer H. Kim, Chairman, CBOL Corporation
Michael Phillips, Chairman, Russell Investment Group
Click here for biographic profiles of ABAC USA members.
APEC Key Contacts - USA
U.S. Senior Official for APEC Michael Michalak
National Center for APEC www.ncapec.org
Background Information • APEC 2005 in Busan, Korea
President Bush’s Visit to Asia for APEC 2005 www.whitehouse.gov/asia/2005
Secretary of State Rice’s Travel for APEC 2005 Secretary Rice at APEC 2005
APEC CEO Summit, 2005 APEC CEO Summit, 17-19 Nov 2005 in Busan, Korea
APEC Chambers of Commerce APEC Chambers of Commerce Meeting, 12-15 Oct 2005 in Busan, Korea
The American Chamber of Commerce in Korea was founded in 1953 with a broad mandate to encourage the development of trade and commerce between Korea and the United States. Membership has grown to over 2,300 representatives of over 1,000 member companies.