TAIPEI (Taiwan News) – President Ma Ying-jeou met Taiwan’s three members of the Asia Pacific Economic Cooperation forum’s Business Advisory Council on Wednesday.
The three business leaders, Chinatrust Financial Holding chairman Jeffrey Koo Senior, Teco Group chairman Theodore Huang, and I-Mei Foods Co., Ltd. vice chairman Luis Ko, all received medals for their efforts.
The ABAC is a fixed inside the APEC structure and is attracting advice from the business world to help confront the present global economic crisis, a statement from the Presidential Office quoted Ma as saying.
Participating in the ABAC is one way of contributing to the economic stability of the Asia Pacific region, the statement said.
Koo joined the group in 1995, serving as co-chairman of its financial affairs taskforce. Ko also joined the ABAC in 1995, focusing on food issues. Huang was interested in promoting social responsibility for small and medium enterprises after joining in 2005, the presidential statement said.
The three business leaders played a key role in improving Taiwan’s foreign relations, Ma said, asking them to stay on in the capacity of advisors to their successors.
National Security Council secretary-general Su Chi and Vice Foreign Minister Andrew Hsia were also present at the meeting inside the Presidential Office.
The Presidential Office later announced the names of the three new Taiwanese members of ABAC for the next three years beginning in May. They are Cathay Financial Holdings chairman Tsai Hong-tu, MiTAC-Synnex Group chairman Matthew Miao, and Cher Wang, chairwoman of VIA Technologies, Inc. and HTC Corporation, and a daughter of late Formosa Plastics Group founder Y.C. Wang.
Taiwan is a member of APEC, but because of objections from China, the country’s head of state has been unable to attend annual summit conferences, sending prominent retired government leaders, prominent businessmen and academics instead.