The Awards were presented on the Gold Coast, Queensland, Australia, on November 11, 2008, with more than 700 film industry luminaries from the Asia-Pacific region, Europe and the United States attending the ceremony.
The FIAPF Award is determined by FIAPF, the International Federation of Film Producers Associations, and awarded to an individual for outstanding achievement in films in the Asia-Pacific region.
In presenting the Award, President of FIAP, Mr Andres Vincente Gomez, described Mr. Chopra as "a legend in Hindi cinema who has played a seminal role in making Indian films more popular the world over."
"Mr Chopra has also played a pioneering role in modernising the local industry and putting it on a more contemporary corporate footing," Mr Gomez continued.
Last year's inaugural FIAPF Award was presented to Australian producer and director George Miller.
The Asia Pacific Screen Awards is collaboration between CNN International, UNESCO and FIAPF International Federation of Film Producers Associations and is an international cultural initiative of the Queensland Government, Australia, to acclaim films that best reflect their cultural origins and demonstrate cinematic excellence.
Commenting on the award, Mr. Chopra said, "It is a great honour to receive this award endorsed as it is by such respected names as CNN International, UNESCO and FIAPF. Our films have always shown a strong commitment to family values and have been rooted in Indian culture and I believe that this award is a recognition of that fact. In addition, we have over the last few years developed a strong relationship with the beautiful country of Australia and that makes this award even sweeter. Finally, I believe the award recognizes that our films have touched hearts in countries across the Asia-Pacific region, even while maintaining high levels of cinematic excellence, and that gives me - and all of us at yash raj films deep satisfaction and joy."
Mr Yash Chopra, founder of yash raj films, has been awarded the FIAPF Award for his outstanding achievement as a filmmaker at the annual Asia Pacific Screen Awards.