The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) decided to hold its 25th business summit in Istanbul.

A statement by the Union of Chambers and Commodity Exchanges of Turkey (TOBB) said on Wednesday that TOBB would organize next conference of CACCI representing
nearly 3 million companies in 27 countries in Istanbul in July 2011.

The decision was made at the 24th CACCI Conference that took place in Sri Lanka between July 5 and 7, 2010 that was attended by TOBB Chairman Rifat Hisarciklioglu. He carried out a successful lobby and held talks with officials during the conference to host the next summit of CACCI in Istanbul.

CACCI is a regional grouping of more than 3 million national chambers of commerce and industry, business associations and business enterprises in 27 countries in Asia and the western Pacific. It is a non-governmental organization serving as a forum for promoting the role of businessmen in the region, increasing regional business interaction, and enhancing regional economic growth. Since its establishment in 1966, CACCI has grown into a network of national chambers of commerce with a total now of 29 primary members.

TOBB became a member of CACCI in 2009.


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