Stephen Jacobi, NZIBF Executive Director, speaks to the Confederation of Indian Industry Partnership Summit in New Delhi about The Future of Multilateralism.
The APEC Business Advisory Council (ABAC) was created by APEC Economic Leaders in 1995 to be the business voice in APEC. Each economy has three Members who are appointed by their respective Leaders. They normally meet four times a year to prepare their Report to the Leaders which is then discussed in a Dialogue that is a key event during the annual APEC Economic Leaders’ Meeting. The ABAC Secretariat is located in Manila.
Read our useful backgrounder on APEC and ABAC here.
APEC member economies are vital economic partners for New Zealand, normally taking around 73 percent of our exports and accounting for 70 percent of our imports.
Fourteen of our top 20 export markets are APEC members, including the three largest economies in the world (the United States, China and Japan).
Eighteen of our 19 FTAs are with APEC partners.
the APEC Business Travel Card – removing significant obstacles for business people travelling around the region
support for open markets in the Asia Pacific – including the concept of a “Free Trade Area of the Asia-Pacific”
the creation of the APEC Food System – using freer food trade to support food security goals
enhanced supply-chain connectivity – to reduce business costs and help trade flow more efficiently
principles for dealing with non-tariff barriers – important in helping to lower costs and remove inequities for exporters.
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Stephen Jacobi, NZIBF Executive Director, speaks to the Confederation of Indian Industry Partnership Summit in New Delhi about The Future of Multilateralism.
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.
Members of the APEC Business Advisory Council (ABAC) met in Auckland, New Zealand this week to develop a work plan that calls on policymakers to leverage trade and economic policies to address the region’s sustainability and economic inclusion challenges.
Equity, sustainability and opportunity are key themes of one of the largest gatherings of senior Asia-Pacific business leaders held in New Zealand for some time.
Executive Director Stephen Jacobi offers his annual end of year round up. Amidst some challenging times, he reports some light in the tunnel.
The APEC Business Advisory Council (ABAC) will meet in Auckland from 12 to 14 February to discuss key themes of sustainability, digitalisation and resilient, inclusive trade.
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.
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 theme and priorities for when it hosts APEC in 2023.
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...
The Leaders of the 21 APEC member economies issued the 2022 Leaders’ Declaration following the 29th APEC Economic Leaders’ Meeting chaired by the Prime Minister of Thailand, Prayut Chan-o-cha.
