The Pacific Basin Economic Council (PBEC) is an association of senior business leaders representing several hundred major corporations in 20 economies around the Pacific and beyond. The unprecedented scope of PBEC’s membership constitutes a broad and balanced reservoir of international business knowledge, unmatched in credibility and expertise. The PBEC Board of Directors has a history of representing the broader business community on economic development issues in the Asia-Pacific dating all the way back to 1967, including policy resolutions and statements on corruption, electronic commerce, APEC Early Voluntary Sectoral Liberalization, foreign direct investment, financial services liberalization, information technology product regulation and telecommunications market liberalization. When the Doha Development Agenda negations broke down during the latest round in Geneva in July, PBEC took action by discussing the matter with their constituents and formulated a response. Please see the attached statement, expressing PBEC’s view on the collapse, and recommendations for WTO and APEC on ways to move forward. I encourage you to give them your highest consideration. PBEC has important contributions to make on business and economic issues throughout the region. We look forward to building a closer relationship with your organization, and to cooperating wherever possible on issues of mutual interest.