2016 APEC Business Advisory Council (ABAC) report to the APEC Leaders is released
The report emphasized a need for economic growth to be inclusive through a range of policy measures, which address the needs of micro, small and medium enterprises (MSMEs), women and younger generation.
The authors of the report also called for joint work by the APEC member economies governments and businesses to promote open trade and investment and resist protectionism in all of its forms.
Significant steps need to be taken to accelerate the momentum for ambitious and comprehensive economic integration in the Asia-Pacific, notable through the proposed Free Trade Area of the Asia-Pacific (FTAAP).