6 March 2014
Acronym in full: APEC Business Advisory Council
The APEC Business Advisory Council (ABAC) was established in 1995. ABAC comprises up to three senior business people from each APEC economy. ABAC represents a diverse range of sectors and includes small and large enterprises. ABAC meets four times per year to discuss business sector priorities and concerns, and to present advices and recommendations to APEC Leaders in an annual dialogue.
Related resource: APEC website
Related term: APEC