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Asia/Pacific Business Leaders to Discuss Globalization At Hawaii Meeting.

Business Editors


Economic recovery, corporate responsibility, and financial-sector reform are among the key topics at the 33rd annual International General Meeting of the Pacific Basin Economic Council, an international association of senior business leaders in the Asia/Pacific region. The meeting will be held March 20-22 in Honolulu--the first major international business meeting in the region since the recent World Trade Organization ministerial in Seattle.

Discussions will focus on the economic and political implications of global trade, the sustainability of financial reforms in the Asia/Pacific economies, and the importance of business activities that sustain or enhance the environment.

A highlight at this year's IGM is the focus on corporate responsibility. Speakers such as W. Wayne Booker, vice chairman, Ford Motor Company, and Environmentalist and Americas' Cup holder, Sir Peter Blake of New Zealand, will address the issue of corporate responsibility such as environmental stewardship and philanthropic endeavors, many of which have had a positive link to the bottom line. The PBEC Environmental Award, given each year at this gathering, will show the tremendous effort regional corporations are making to ensure a sustainable environment.

Other highlights at the meeting include:

-- Tadao Chino, president of the Asian Development Bank, speaking at the plenary session &uot;Economic Recovery in the Asia Pacific: Is it Sustainable?&uot;

-- Kim Dae Jung, president of South Korea, will speak via live satellite during a special &uot;Korea Night&uot; dinner to the more than 700 IGM attendees.

-- Admiral Dennis C. Blair, commander in chief, United States Pacific Command, speaking on &uot;the link between military security and economic development in the Pacific.&uot;

PBEC's IGM is an opportunity for the region's foremost corporate executives to gather with international leaders to address key issues in the regional economy, and to publicly issue policy recommendations and statements. PBEC represents more than 1,100 major corporations in 20 economies around the Pacific, which account for more than U.S. $4 trillion in global sales and employ more than 10 million people.

A full list of confirmed speakers, an agenda, and registration materials are on the PBEC Web site at

Media are invited to attend the meeting.
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Publication:Business Wire
Date:Feb 3, 2000
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