Business looks to APEC for strong signal on trade

by | Nov 9, 2009 | Media Releases


Business representatives attending this week’s APEC meetings in Singapore hope that APEC Economic Leaders will take strong steps towards free and open trade in the region.

New Zealand members of the APEC Business Advisory Council (ABAC) ? Tony Nowell, Gary Judd and Stephen Jacobi ? are all in Singapore for ABAC’s fourth and final meeting for 2009, the APEC CEO Summit and the annual ABAC Dialogue with APEC Economic Leaders.

“As the region experiences a shaky resumption of economic growth, we need the continuing stimulus that increased trade and investment will bring”, said ABAC New Zealand’s Senior Policy Adviser and NZIBF Executive Director Stephen Jacobi.

ABAC’s recommendations to APEC Economic Leaders are contained in a report “Building Towards the Bogor Goals with One Community” which will be presented in the Dialogue meeting on Saturday 14 November.

Tony Nowell will participate in a Dialogue Group including Prime Minister John Key and President Barack Obama.  Gary Judd’s group includes President Hu Jintao of China and Stephen Jacobi’s group includes President Lee Myung-Bak of Korea.

“High on the list of ABAC’s recommendations are moving to initiate negotiations towards the Free Trade Area of the Asia Pacific (FTAAP), resisting protectionism in all its forms, concluding Doha, increasing the flow of investment and addressing climate change in a way that provides a predictable and stable environment for business,” said Mr Jacobi.


Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

Latest News


Perhaps a cyclone was after all a fitting backdrop for the meeting of the APEC Business Advisory Council (ABAC) which was held in Auckland on 12-14 February – the global environment against which the meeting took place is decidedly stormy.  In the event the wind...


As I write this end of year dispatch, NZIBF is preparing to host the first meeting for 2023 of the APEC Business Advisory Council (ABAC).  We are looking forward to welcoming the 200 or so business leaders and senior officials from APEC member economies across the...

NZ Herald: Time to lift our game in India

Following his recent visit to India our Executive Director Stephen Jacobi penned this article advocating a more strategic approach to the further development of the relationship. The article was published by the NZ Herald on 9 December.

APEC Rolls out Priorities for 2023

Issued by the Informal Senior Officials’ Meeting - Honolulu, The United States, 13 December 2022 Aiming to provide tailwinds for member economies to strengthen recovery and resilience, as well as advance broad-based economic growth, the United States rolled out its...

NZIBF 2022 Chair Report

ANNUAL GENERAL MEETING 2022 CHAIR’S REPORT I am pleased to present my second report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2022-23, our fifteenth year of operations.  At the outset I would like to thank Members for...


New Zealand business will be represented at the APEC Leaders’ Week in Bangkok, commencing 13 November, by members of the APEC Business Advisory Council (ABAC). New Zealand’s three members – Rachel Taulelei, Malcolm Johns and Anna Curzon – supported by Stephen Jacobi...

Submission to MFAT for CPTPP Review

30 September 2022 Phil Mellor Economic Division, Ministry of Foreign Affairs and Trade, Wellington (By email) Dear Phil, Thank you for your email of 1 September, seeking our comments on the three year review of the Comprehensive and Progressive Agreement for Trans...