The Australian APEC Study Centre at RMIT will support Australian business leaders in a key Asia-Pacific forum.
The centre has been appointed as the Secretariat for Australian members of the APEC Business Advisory Council (ABAC) by the Department of Foreign Affairs and Trade (DFAT).
ABAC provides a platform for business to provide advice and input to APEC leaders on issues including regional economic and financial market integration, trade and investment liberalisation, infrastructure development, supply chain connectivity.
Ken Waller, Director, the Australian APEC Study Centre, RMIT, said: "The centre's role as the Secretariat for ABAC puts RMIT in a leading position to support Australian efforts to promote regional economic integration.
"ABAC's work in 2014 will complement Australia's role as Chair of G20."
The Australian ABAC members are John Denton, Partner and CEO of Corrs Chamber Westgarth, and Anna Buduls, Owner and Chairperson of Tramada.
The APEC Study Centre will provide high level support and advice for the Australian members, drawing on its experience as a leading policy centre in the Asia-Pacific region and its links with Australian government and international agencies.
In this role the centre has already attended ABAC meetings in Kyoto and Bali in 2013, as well as the first ABAC meeting for 2014 held in Auckland in February.
In Auckland, New Zealand Prime Minister John Key spoke about the critical role that ABAC had played in progressing APEC goals, and the success that had been achieved in growing regional business and cooperation through ABAC's advice and direction.
Following the meeting Ning Gaoning, 2014 Chair of ABAC and Chairman of China's largest food processor COFCO, said that deepening regional economic and financial integration, and addressing connectivity and infrastructure development needs would underpin ABAC's recommendations to APEC Leaders.
"It is important that we provide the business perspective so that we can ensure that these policies are effective, practical and beneficial to everyone," he said.
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