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Summary Information
Full Title

2005 Agreement on Dispute Settlement Mechanism Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

Short Title / Abbreviations

2005 AKFTA DSM

CIL Subject Classification
Date of Adoption 13/12/2005
Place of Adoption Kuala Lumpur, Malaysia, 9th ASEAN-Republic of Korea (ASEAN-ROK) Summit
Issued/Adopted by Economic Ministers of ASEAN and the Republic of Korea
Dispute settlement provisions

According to Article 1: Definitions, this instrument is one of the covered agreements, to which this instrument applies for the avoidance or settlement of disputes (Article 2).

Depository

Secretary-General of ASEAN

Annexes

Annex: Rules and Procedures for the Arbitral Panel Proceedings

Entry Into Force Status In Force
Source

Treaty Room of the Ministry of Foreign Affairs of the Republic of Indonesia

Date of Entry into Force

01/07/2006

Entry into Force / Termination Provisions

“Article 21.1 Entry Into Force:
This Agreement shall enter into force on 1 July 2006, provided that at least one ASEAN Member Country and Korea are among the Signatory Countries that have by then notified all the other Parties in writing of the completion of their internal procedures. In the even this Agreement does not enter into force on 1 July 2006, it shall enter into force on the first day of the second month following the latter date on which at least one ASEAN Member Country and Korea have notified all the other Parties in writing of the completion of their internal procedures.”

Status
ASEAN States (Source:

ASEAN Secretariat as of 24/06/2019 and Treaty Room, Ministry of Foreign Affairs of Indonesia

as of 06/03/2024)
Brunei Darussalam Signature 13/12/2005
Cambodia Signature 13/12/2005
Ratification 06/02/2008
Indonesia Signature 13/12/2005
Ratification 29/01/2009
Lao PDR Signature 13/12/2005
Acceptance 30/05/2007
Malaysia Signature 13/12/2005
Notification 26/01/2006
Myanmar Signature 13/12/2005
Philippines Signature 13/12/2005
Ratification 03/05/2007
Singapore Signature 13/12/2005
Thailand Signature 13/12/2005
Notification 01/06/2009
Vietnam Signature 13/12/2005
Approval 06/07/2006
Other Country Republic of Korea  Signature 13/12/2005
Related Instruments
Related Instruments

Covered agreements under this instrument:

2005 Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

Trade in Goods

2006 Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2006 Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Back-to-Back Certificate of Origin

2006 Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Tariff Rate Quota

2009 Letter of Understanding for the Amendment of the Product Specific Rules set out in Appendix 2 of Annex 3 of the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of ASEAN and the Republic of Korea

2009 Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2010 Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2011 Second Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2015 Third Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

Trade in Services

2007 Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2007 Letter of Understanding among the Parties to the Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

2009 Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

Investment

2009 Agreement on Investment under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

External Links
Additional Information

The ASEAN Secretariat Resource Centre website does not reco

rd an instrument of ratification from the Republic of Korea, which according to Art 21.1 is required for the entry into force of this instrument.

Ratification information was not available on the ASEAN Secretariat website as of the date of this update. The ratification/notification information above is from the Treaty Room of the Ministry of Foreign Affairs of Indonesia, except for the information on the ratification of the Philippines and Vietnam which reflects the information last accessed on the ASEAN Secretariat ASEAN Resource Centre website on the date indicated. Some of the dates given are the dates of execution of the instruments of ratification/notification, when the date of receipt by the depository was not available.