High Quality Content by WIKIPEDIA articles! The Pacific Basin Economic Council (PBEC) Founded in 1967, the Pacific Basin Economic Council is the oldest independent business association in the Asia - Pacific region, whose members are C-level executives from economies bordering the Pacific Rim and beyond. Serving as the independent voice of business in the Pacific, PBEC provides a meeting place for the diversity of industries, services and professions that have made the Pacific Basin the world`s growth leader. PBEC has been a driving force in the region for the past four decades, advocating environmental awareness, corporate social responsibility, and transparency though working committees, policy advocacy, and partnerships with organizations such as the Asian Development Bank (ADB) / Organisation for Economic Co-operation and Development (OECD) Anti-corruption Initiative, Pacific Economic Cooperation Council (PECC), Asia Pacific Economic Cooperation (APEC), and the United Nations Global Compact.