KCCI embarks on preparing 2025 APEC summit


The Korea Chamber of Commerce and Industry (KCCI) has formed a task force in preparation for the Asia-Pacific Economic Cooperation (APEC) summit to be hosted in Korea in 2025. As the 2025 APEC chair, Korea aims to facilitate collaboration and capacity building among its 21 member countries, particularly in areas such as supply chain resilience, digital innovation, and climate change. KCCI, as the secretariat of the APEC Business Advisory Council (ABAC) for Korea, will play a leading role in organizing significant events for the business community during APEC Economic Leaders' Week, including the ABAC Dialogue with Leaders and the APEC CEO Summit. The KCCI's Executive Vice Chairman, Park Il-jun, emphasized the importance of APEC as a platform for multilateral cooperation in addressing global challenges, and expressed the organization's commitment to leveraging its international network to set global standards and host the largest APEC events in history for business leaders. ABAC, a private-sector advisory body, will meet to deliver recommendations to their respective governments, while the ABAC Dialogue with Leaders and the APEC CEO Summit will provide opportunities for business leaders to engage in discussions on regional trade and commerce, as well as to explore new avenues for business cooperation in emerging industries. APEC, covering a significant portion of the world's GDP and trade, holds substantial importance for Korea, with a large portion of its exports and investments directed towards APEC member countries.


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