The EU-ASEAN Business Council (EU-ABC) is the primary voice for European Business within the ASEAN region. The overarching objective of the EU-ABC is to promote changes in policies, rules and regulations so that European businesses can more easily invest and develop their businesses in ASEAN, benefiting not only their own shareholders but local economies and populations as well.
Formally established and constituted in early 2014, the EU-ABC has existed on an informal basis since 2011, successfully organising several ASEAN-EU Business Summits and regularly interacting with the European Commission, ASEAN Member States, ASEAN Secretariat, and other related organisations such as the ASEAN Business Advisory Council.
The EU-ABC’s membership consists of large European MNCs and the nine European Chambers of Commerce from around Southeast Asia. As such, the EU-ABC represents a diverse range of European industries cutting across almost every commercial sphere from car manufacturing through to financial services and including FMCG and high-end electronics and communications. Our members all have a vested interest in enhancing trade, commerce and investment between Europe and ASEAN.
The EU-ABC has established, and continues to develop, a series of Advocacy Groups covering both individual commercial sectors (e.g. Automotive; Insurance; Financial Services; ICT; Healthcare) and cross-industry issues (e.g. Customs Procedures & Trade Facilitation; IPR/Illicit Trade; Human Capital & Labour Regulation).