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APEC Business Advisory Council
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Commerce is the lifeblood of the region and business is the engine of economic growth.

Recognising the integral role of business and the value of representative business advice on key issues, APEC Leaders established the APEC Business Advisory Council (ABAC) in 1995.

This private sector body presents recommendations to APEC Leaders in an annual dialogue and advises APEC officials on business sector priorities and concerns. ABAC meets four times per year, and ABAC representatives also attend Senior Officials' Meetings, the Annual Ministerial Meeting and the sectoral Ministerial Meetings.

ABAC comprises up to three senior business people from each APEC economy and the appointments are made by the Leader of the member economy concerned. The Chair of ABAC comes from the economy that is hosting APEC and therefore changes annually. ABAC represents a diverse range of sectors and includes small and large enterprises.

  • Achievements
  • Contacts
  • Events

The APEC Business Advisory Council (ABAC) was created by the APEC Economic Leaders in November 1995 to provide advice on the implementation of the APEC agenda and on specific business sector priorities.

Its members are appointed by their respective Leaders, and represent a range of business sectors, including small and medium enterprises.

ABAC members meet every quarter and hold a yearly dialogue with APEC Economic Leaders to present their recommendations.

ABAC's recommendations, expertise, and perspective have been essential tools for the advancement of many key APEC initiatives and proposals such as the APEC Business Travel Card (ABTC), the Free Trade Area of the Asia-Pacific (FTAAP), the Supply Chain Connectivity Framework, the Policy Partnership on Food Security (PPFS), the Asia-Pacific Infrastructure Partnership (APIP), among others.

Recent Developments:

First ABAC Meeting (Hong Kong, China, 27-30 January 2015)

During its first meeting of 2015, ABAC adopted their work program and priorities under the theme “Resilient, Inclusive Growth: A Fair Deal for All”. (News release)

The 2015 work program builds on the achievements of the past years by focusing on the following priorities: 

1.     Accelerating regional economic integration and services agenda;

2.     Strengthening and facilitating small, medium and micro enterprises entry into global markets;

3.     Maximizing innovation and human capital potential

4.     Promoting livable, sustainable cities and resilient communities. 

During the first meeting, ABAC Members and APEC Senior Officials held a dialogue which focused on two main topics: “How to achieve Inclusive Growth” and the “New Services Agenda”. Additionally, ABAC discussed a wide range of issues, such as ABAC’s collaboration in the FTAAP Collective Strategic Study, how to help to build capacities and strengthen APEC's financial system, how to support APEC’s connectivity blueprint, as well as the agenda of its five working groups (Regional Economic Integration Working Group / Finance and Economic Working Group / Connectivity Working Group / Small Medium Micro Enterprises & Entrepreneurship Working Group / Sustainable Development Working Group).

ABAC Chair
President & CEO A. Magsaysay Inc.
Magsaysay Building, 520 T.M. Kalaw Street, Manila 1000 Philippines
Tel: +632 521 0660
Fax: +632 522 2568
Catherine MACEDA (Ms)
ABAC Executive Director
AIM Conference Centre Benavides Street, Legaspi Village Makati City 1260 Philippines
Tel: +(632) 720 2100 loc. 2606
Antonio BASILIO (Mr)
ABAC Secretariat
32/F. Zuellig Building
Makati Avenue Corner Paseo de Roxas
Makati City, 1225 Philippines
Tel: +63 2 843 6536
+63 2 845 4564
Fax: +63 2 845 4832
Program Director
APEC Secretariat
18 Nov 2015 ABAC Dialogue with Leaders Manila, Philippines
13 - 16 Nov 2015 Fourth APEC Business Advisory Council (ABAC) Meeting Makati, Philippines
10 - 13 Aug 2015 Third APEC Business Advisory Council (ABAC) Meeting Melbourne, Australia
20 - 23 Apr 2015 Second APEC Business Advisory Council (ABAC) Meeting Mexico City, Mexico
27 - 30 Jan 2015 First APEC Business Advisory Council (ABAC) Meeting Hong Kong, China