ASLI has initiated a number of bilateral business councils, which aimed at facilitating as well as informing trade and investments and business partnerships with a number of countries. It acts as the secretariat for the:
- Malaysia-Indonesia Business Council
- Malaysia-Russia Business Council
- Malaysia-Sri Lanka Business Chamber
- Malaysia-Turkey Business Council
- Malaysia-Thailand Business Council
Through these Business Councils a number of Business Fora have been held in London, San Francisco, Beijing, Shanghai, Moscow, Jakarta, Singapore, Washington DC, Munich, Sydney, New Delhi, and Ankara. ASLI had also organised a number of focused business and investment missions to these countries.