1998 Statement on Bold Measures at the 6th ASEAN Summit

• ASEAN Documents
  • ASEAN Summit Documents
  • ASEAN Economic Community
    • ASEAN Free Trade Area

Short-Term Measures to Enhance ASEAN Investment Climate 

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

1996 Basic Agreement on the ASEAN Industrial Cooperation Scheme

1998 Framework Agreement on the ASEAN Investment Area

ASEAN accessed on 26/04/2023

Note paragraph 8:

“Under the Framework Agreement on the ASEAN Investment Area signed on 7 October 1998 in Manila, national treatment will be made fully available within six months after the date of signing of the Agreement for ASEAN investors in the manufacturing sector, subject to certain exclusions. These exclusions will be progressively phased out by the year 2003 instead of waiting for 2010 as initially agreed. Myanmar will join the six ASEAN countries to progressively phase out the exclusions by 2003 instead of 2015. Vietnam and Laos would exert their best efforts to achieve early realisation of AIA and shall do so no later than 2010, instead of 2013 and 2015, respectively.”