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Summary Information
Full Title

1996 Basic Agreement on the ASEAN Industrial Cooperation Scheme

Short Title / Abbreviations

AICO Agreement

CIL Subject Classification
Date of Adoption 27/04/1996
Place of Adoption Singapore, 9th Meeting of the ASEAN Free Trade Area (AFTA) Council
Issued/Adopted by Economic Ministers of ASEAN
Dispute settlement provisions

Article 9 ‘Settlement of Disputes’:

“Any differences between the ASEAN Member Countries concerning the interpretation or application of this Agreement shall, as far as possible, be settled amicably between the parties. If such differences cannot be settled amicably, it shall be submitted to the [1996] Dispute Settlement Mechanism.”

Subsequently, this was one of the ‘Covered Agreements’ pursuant to Article 1.1 of the 2004 ASEAN Protocol on Enhanced Dispute Settlement Mechanism read together with its Appendix I.

Depository

Secretary-General of ASEAN

Entry Into Force Status Superseded
Source

ASEAN Legal Instruments, ASEAN Secretariat Table of ASEAN Treaties/Agreements and Ratification (As of October 2012)

Date of Entry into Force

10/10/1996

Date of Termination

10/12/2014

Entry into Force / Termination Provisions

Article 13.5 ‘Final Provisions’:

“This Agreement shall enter into force upon the deposit of instruments of ratification or acceptance by all signatory Governments with the Secretary General of ASEAN.”

Status
ASEAN States (Source:

ASEAN Secretariat Table of ASEAN Treaties/Agreements and Ratification

as of 01/10/2012)
Brunei Darussalam Signature 27/04/1996
Ratification 05/09/1996
Cambodia Accession 30/04/1999
Indonesia Signature 27/04/1996
Ratification 21/08/1996
Lao PDR Accession 23/07/1997
Malaysia Signature 27/04/1996
Ratification 27/04/1996
Myanmar Accession 23/07/1997
Philippines Signature 27/04/1996
Ratification 10/10/1996
Singapore Signature 27/04/1996
Ratification 17/05/1996
Thailand Signature 27/04/1996
Ratification 15/06/1996
Vietnam Signature 27/04/1996
Acceptance 10/08/1996
Related Instruments
Protocols / Amendments to this instrument

This Agreement and its Protocol have been superseded by the 2009 ASEAN Trade in Goods Agreement pursuant to Article 91(2) of the latter read together with its Annex 11. See additional information below.

2004 Protocol to Amend the Basic Agreement on the ASEAN Industrial Cooperation Scheme

This instrument amends/supersedes

This Agreement supersedes the following Agreements pursuant to Article 12 ‘Repealing Provisions’:

1988 Memorandum of Understanding – Brand-to-Brand Complementation on the Automotive Industry under the Basic Agreement on ASEAN Industrial Complementation

1987 Revised Basic Agreement on ASEAN Joint Industrial Ventures

Related Instruments

2013 Protocol to Amend Certain ASEAN Economic Agreements Related to Trade in Goods

1992 Agreement on the Common Effective Preferential Tariff Scheme for the ASEAN Free Trade Area

1992 Framework Agreement on Enhancing ASEAN Economic Cooperation

1983 Basic Agreement on ASEAN Industrial Joint Ventures

 

External Links
Additional Information

Full Ratification information for this instrument is not available on the current ASEAN Secretariat Resource Centre and ASEAN Legal Instruments website. Details above are taken from the last published information on this instrument.

Note on date of termination: A footnote in Annex 11 states that the superseding of the 1996 Basic Agreement on the ASEAN Industrial Cooperation Scheme and its 2004 Protocol to Amend the Basic Agreement on the ASEAN Industrial Cooperation Scheme shall take effect three (3) months after date of entry into force of the 2013 Protocol to Amend Certain Economic Agreements related to Trade in Goods. Based on the 2013 Protocol’s date of entry into force of 10 September 2014 given on the ASEAN Legal Instruments website, the 1996 Basic Agreement on the ASEAN Industrial Cooperation Scheme and its Protocol were superseded on 10 December 2014.