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2 CONTENT PART I : Acronym PART II : Terminology PART III : Fact Sheets PART IV : References 3 4 AANZFTA ASEAN-Australia - New Zealand - Free trade Area. The Agreement was signed on 27 February 2009 in Thailand. It entered into force on 1 January 2010. ABAC APEC Business Advisory Council - provides business-specific advice to APEC Leaders on implementation of the Osaka Action Agenda (OAA), trade and investment liberalization and facilitation (TILF), economic and technical cooperation (ECOTECH), and other priorities specifically related to the business sector.
5 proposals and recommendations from Senior Officials’ Meetings (SOM), Sectoral Ministerial Meetings, APEC Business Advisory Council (ABAC), and Joint Meetings of
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