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APEC Business Advisory Council to meet in Canada

The third meeting of the APEC Business Advisory Council (ABAC) in 2017 will convene in Toronto, Canada, from July 24-28.
APEC Business Advisory Council to meet in Canada ảnh 1ABAC Vietnam Chairman Hoang Van Dung (Photo: VNA)

Hanoi (VNA) – Thethird meeting of the APEC Business Advisory Council (ABAC) in 2017 will convenein Toronto, Canada, from July 24-28.

The meeting will gatherbusiness leaders from APEC member economies to discuss issues related to trade,economic cooperation and regional connectivity to prepare for the APEC EconomicLeaders Week in Vietnam next November.

A Vietnamese delegation ledby ABAC Vietnam Chairman Hoang Van Dung will attend the meeting. In addition,Permanent Vice Minister of Foreign Affairs Bui Thanh Son will participate in anumber of events within the framework of the meeting.

According to PamelaGoldsmith-Jones, Parliamentary Secretary to the Canadian Minister of InternationalTrade, through cooperation with the ABAC, Canada has been able to scale uptrade and investment ties with Pacific nations and territories, including growingAsian markets.

By working together, APECeconomies could achieve benefits of sustainable and inclusive trade, thus bringingprosperity to people in the region, she added.

As scheduled, the official willattend the ABAC meeting to promote Canada’s trade agenda as well as itscommitments to representatives of businesses of different sizes in the Asia-Pacificregion.

The event will be co-organisedby the Asia Pacific Foundation of Canada and ABAC Canada Secretariat.

It will feature a series of symposiums,with work programme covering priorities such as deepening regional economicintegration, achieving sustainable, innovative and inclusive growth, enhancingMSMEs’ competitiveness, and ensuring food security.

A highlight of the meetingis the APEC-Canada Growing Business Partnership Symposium on Technology andInnovation. In 2015, the Canadian Government announced to spend 4.74 millionCAD (around 3.8 million USD) on the APEC-Canada Growing Business PartnershipProject to help member economies alleviate poverty and integrate in the globalmarket.

Established in 1995, theABAC is the private sector arm of the APEC to advise APEC economic leaders andofficials on issues of interest to business. -VNA
VNA
#APEC Business Advisory Council #ABAC #ABAC meeting in Toronto 2017 #APEC Economic Leaders Week #ABAC Vietnam #Hoang Van Dung #Pamela Goldsmith-Jones #Asia Pacific Foundation of Canada #ABAC Canada Secretariat #APEC-Canada Growing Business Partnership Project Canada
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