PECC a unique partnership in Asia-Pacific economies
PECC a unique partnership in Asia-Pacific economies
JAKARTA (JP): The Pacific Economic Cooperation Council
(PECC) is a unique partnership of business, government and
research representatives from 22 Asia-Pacific economies.
They work on practical government and business policy issues
to increase trade, investment and economic development in the
region. PECC is a unique non-governmental organization because it
brings business, government and research together.
Its agenda is independently set, yet there are direct links
with the governments in the region. The most important link with
government is through the Asia Pacific Economic Cooperation
(APEC) forum. PECC is one of the three observer organizations of
APEC.
PECC was formed in 1980 at the initiative of the prime
ministers of Japan and Australia. They believed it was necessary
to have a regional mechanism for discussion on economic
cooperation, which would in turn support the ongoing market
integration that was already taking place then.
PECC's informal and tripartite mechanisms and original
aspirations remain invaluable. With APEC as a channel for its
work, PECC now concentrates more on forward looking policy
changes involving key issues, which are not yet on the APEC
agenda, and which are best introduced through the interaction of
government, business and research.
PECC's membership includes Australia, Brunei Darussalam,
Canada, Chile, China, Colombia, Hong Kong, Indonesia, Japan,
Korea, Malaysia, Mexico, New Zealand, Peru, the Philippines, the
South Pacific Forum Island Nations, Russia, Singapore, Chinese
Taipei, Thailand and the United States. Vietnam joined in 1994 as
an associate Member.
The chairman of PECC in 1994-1995 is Li Luye, the chairman
of the China National Committee. He is a distinguished diplomat
who has served as China's Ambassador to the United Nations.
PECC's substantive work program is carried out by a range of
forums, task forces and project groups covering trade policy,
Pacific economic outlook, financial and capital markets, human
resource development, small and medium enterprises, science and
technology, minerals and energy, telecommunications,
transportation, tourism, fisheries, food and agriculture.
The PECC International Secretariat is based in Singapore.
Further information can be obtained from the office at 4 Nassim
Road, Singapore 1025; telephone 65-7379823; facsimile 65-7379824;
Email: PECCSEC@p1.apfnet.org.