The BFA shall be a non-government and non-profit international organization.
The Forum is Asia-based so as to prompt the economic exchanges and cooperation within the region; it is also globally-envisioned so as to promote dialogue and economic cooperation between Asian countries and other parts of the world.
The Forum will provide a high-level venue of dialogue for governmental officials, business leaders and academia to discuss various issues like economic, social development, population and environment, etc.
The Forum will provide its members through its established channels with government, business and academic community services like policy consultation, authoritative information, training and cooperation opportunities.
Strive to become the premier Forum, promoting the development goals of Asian countries through greater regional economic integration.
The BFA will engage in or strive to do the following:
Convene conferences, seminars, and workshops on a regular basis to discuss important issues pertaining to Asian economic and social development, particularly issues of finance, trade, investment, technology, and environmental protection;
Complement other regional and international initiatives, in order to strengthen and intensify partnerships between governments and business enterprises in matters of trade and investment;
Monitor economic trends which impact upon global and regional economies;
Collect and disseminate information, particularly concerning emerging issues affecting trade and finance, and to highlight new opportunities for regional cooperation;
Pursue both in-house and collaborative research activities which will contribute to the overall goals of the BFA;
Facilitate contacts among enterprises in the region through the development of networking arrangements; and
Become a global center for research and graduate training, in order to equip business communities with advanced management and technological capabilities.
(Xinhua News Agency April 19, 2004)