In conjunction with the Rubber Association of Indonesia (GAPKINDO) Gala Dinner that was held on 3rd August 2018, the ASEAN Rubber Business Council (ARBC) had organized two meetings: 24th Assembly of the ARBC and the 22nd Meeting of the Technical Committee on Contract Matters (TCCM) at Grand Hyatt Hotel, Nusa Dua, Bali, Indonesia on 4th August 2018.
Among the important matters discussed in the both meetings were international rubber trade contracts, the current market conditions, issues on international rubber trade as well as the administrative and financial matters of the organisation.
The meetings were hosted by GAPKINDO and attended by representatives from association members of ARBC such as Thai Rubber Association (TRA), Vietnam Rubber Association (VRA), Rubber Trade Association of Singapore (RTAS), Association for Rubber Development of Cambodia (ARDC) and Malaysian Rubber Exchange (MRE)/Federation of the Rubber Trade Associations of Malaysia (FRTAM). MRE which is a Unit under Malaysian Rubber Board (MRB) is a permanent secretariat for ARBC.