The Canada-ASEAN Business Council
The Canada-ASEAN Business Council (CABC) was established in 2012 to provide a forum for Canadian businesses to establish trade and investment links in the ASEAN region, to organize trade missions for members and to serve as an advisory board for senior Canadian policy-makers.
Private sector companies in ASEAN and Global Affairs Canada launched the CABC in 2012 at the first ASEAN-Canada Economic Ministers Meeting in Cambodia. It was identified as part of the 2012-2015 ASEAN-Canada workplan to implement the Joint Declaration on Trade and Investment. In its first year of operations, the CABC has produced a number of key initiatives to enhance outcomes for Canadian businesses in the region. These include the commissioning an Opportunities Study for Canadian SMEs and a Business Challenges Survey to better understand the obstacles of doing business in ASEAN.
CABC membership includes leading Canadian enterprises active in the ASEAN, and is open to any Canadian company conducting business or considering doing business in the region. Honourary members include representatives of Canadian Chambers of Commerce in ASEAN, provincial governments and the Canadian Trade Commissioner Service. The Council is based in Singapore but conducts meetings across ASEAN.
Membership to the CABC offers access to educational resources, advocacy support and the opportunity to participate in a networking events throughout Southeast Asia. The Council continually partners with think-tanks and stakeholders throughout Canada and ASEAN to produce high-quality, high-impact studies that analysis the health and growth of the Canada-ASEAN economic corridor. In addition to these studies, the CABC works closely with local governments and has enjoyed a productive and lasting relationship with the Canadian government. By coordinating closely with our government partners in Canada and throughout ASEAN, we are able communicate our member's concerns to decision-makers in the region (Key Contacts). Lastly, the Council is focused on providing high quality Networking Events that bring together key opinion leaders and decision makers active in the region within both the public and private sectors. Our premier event is our Business Forum held every 18 months.
Key Goals of the CABC:
The Association of South East Asian Nations (ASEAN)
The Association of South East Asian Nations (ASEAN) was formed in August 1967 by the foreign ministers of Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then the Association has expanded to include Cambodia, Brunei Darussalam, Myanmar, Laos and Vietnam. The ten member countries have set the ambitious goal of creating a single ASEAN Economic Community (AEC) by 2015. The main objectives of this plan are to create a single globally competitive market and decrease the prosperity gap between ASEAN members.
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