Every year in the month of March, the Budget Management Committee for APEC is held in the country of Singapore. This particular year, the United States scheduled two representatives to attend the meeting, one of which would be Percival Dyer. The business committee from the United States included eight companies vying to be included as one of the top three companies automatically accepted during the initial cutoff phase of funding from APEC. The other companies, which were ranked from four to eight, could be supported by the Japanese TILF fund. Any company ranking beyond these parameters would not be considered for funding but were eligible for the following year, providing criteria and adjustments were met. Percival Dyer, not having any experience in this area, was now given the arduous task of ranking all American companies according to their potential importance and relevance to the Asian host country. This also included subsequent Asian countries that were not APEC members.
Percival W. Dyer II, Director of Policy
The American companies chosen by Dyer were well-received by the host country as projects that could benefit them. They also did not foresee any problem deciding the necessary funding for consequent projects. The next projects, ranking from four to eight, were favored by the Japanese due to our upstanding relationship with the country. This status was due to our adherence to the TILF Funding Program and their recommended cuts. The sum was usually in the range of $100,000-$500,000.
It was at this conference that Dyer had his first chance to speak on behalf of the United States. The Colonel Doug Ryan, Director of the APEC office, had suggested that Dyer would be entirely capable of leading a meeting and being a representative of United States. Taking his advice, Dyer attended and was the only person representing the United States. Naturally, there was some hesitancy to speak right away, but as the meeting progressed, and for the first time in his career, Dyer spoke on behalf of the country, making meaningfully valuable points with which other countries were both inspired by and in agreement with. After the meeting, the Colonel approached Dyer and inquired about the results of the meeting. Percival was able to provide him with the exceptionally positive briefing. At that point, the day was finished, and the mission was accomplished.
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