IV. WHAT APEC DOES FOR BUSINESS
The direct and extensive involvement of business in the deliberations of the Asia-Pacific
Economic Cooperation Forum is critical for APEC's work and for staying on track to achieve the
Bogor goals of trade liberalization in the Asia-Pacific region by the year 2020. Business provides
APEC officials with a cutting-edge view of entrepreneurial developments and high-technology and
helps point APEC the right way in removing impedimentsdoing business in the region. The
business sector has been instrumental in detailing how APEC economies can best make themselves
ready for the new economy and e-commerce. With the head-spinning changes taking place not only
in technology but the structure of commerce itself, APEC officials would be hopelessly behind the
curve keeping up with the changes without the direct ties with those in the business sector at the
forefront of these revolutionary changes.