APEC Business Advisory Committee

In a few minutes we shall be hosting a reception here at the Chamber for the delegates to the APEC Business Advisory Commitee (ABAC) who will be meeting in Wellington over the next few days.  Each APEC member is able to appoint three representatives, but many also bring along a team of advisers.  In total close to 200 will be in wellington for this meeting. 

In my comments to tonight’s function I will be encouraging delegates to be putting more pressure on their governments to be delivering on the undertakings made at APEC meetings.  At last year’s meeting in Lima the call for progress on the WTO negotiations could not have been clearer.  Yet, within a couple of weeks the proposed meeting of Trade Ministers in Geneva was called off.  The pressure on Governments from those who favour protectionism are growing stronger every day.  The business community needs to put equal weight on government to keep markets open and trade flowing.

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