ASEAN KEY DESTINATIONS
Advisory council gives five recommendations
The APEC Business Advisory Council (ABAC) has issued five main recommendations for the 21 Asia Pacific Economic Cooperation (APEC) member countries as the three-day APEC Chief Executive Officers (CEOs) meeting in Nusa Dua, Bali, came to a close on Monday.
The five recommendations covered the issues of regional economy integration; sustainable development; entrepreneurship and small and medium enterprises; economic and banking; and industrial dialogue in science innovation.
On regional economy integration, the points included the acceleration of trade and investment liberalization and the strengthening of the goods and services supply chain.
For sustainable development, recommendations focused on issues such as food security, energy security, water supply security, infrastructure investment and development.
On entrepreneurship and small and medium enterprises, it was hoped that APEC economic entities would support new business model creation process and business sustainability among others.
One big agenda in the field of finance and macro economy was the establishment of the Asia-Pacific Financial Forum.
Meanwhile, industrial dialogue would be focused on the establishment of the APEC Scientific Innovation Forum and APEC Chemical Substance Dialogue.
During the opening of APEC CEO Summit, President Susilo Bambang Yudhoyono invited all APEC member economies to invest in Indonesia.
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