PECC is a unique tripartite partnership of senior individuals from business and industry, government, academic and other intellectual circles.All participate in their private capacity and discuss freely on current, practical policy issues of the Asia Pacific region. PECC is policy oriented, pragmatic and anticipatory. Its work program aims for better cooperation and policy coordination in areas including trade, investment, and finance. It regularly develops and advocates regional policy initiatives to aid in the stable economic development of the region. PECC is the only non-government official observer of APEC.