ASEAN Business Advisory Council: ABAC (Myanmar Chapter) was formed in 2003, with the approval of the Myanmar Government. Since then, the successive former Chairman of ASEAN Business Advisory Council (Myanmar) were U Win Aung (2003 ~2015), and then present Chairman U Zaw Min Win from 2016. ASEAN Business Advisory Council (Myanmar) members (a maximum of three members) represent at the ASEAN Business Advisory Council, with the approval of the Ministry of Commerce, comprising of high-level senior executives of the UMFCCI. Each country is represented by, with the one representing the interest of the small and medium-sized enterprises.
The ASEAN Business Advisory Council (ASEAN-BAC) Myanmar Chapter participated in all Council Meetings and Consultations with the ASEAN Economic Ministers and ASEAN Heads of States and Business Summits since ASEAN-BAC (Myanmar) has become a member in 2003. ASEAN – BAC (Myanmar) actively participates at the ASEAN Business Advisory Council to help develop private sector feedback and advice to enhance ASEAN’s efforts towards economic integration — focusing on reviewing and identifying issues regarding the trade and investment facilitation and promoting economic integration. The ASEAN-BAC regularly submits annual recommendations to the ASEAN Leaders and the ASEAN Economic Ministers (AEM). ASEAN-BAC (Myanmar) focuses on thematic initiatives with ASEAN-BAC lead on the public-private business cooperation within the region, with particular emphasis on ASEAN Regional Food Supply Chains and MSMEs, the main economic driver of the region.