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Summary Information
Full Title

2012 Memorandum of Understanding between the Association of Southeast Asian Nations and the Asian Development Bank

Short Title / Abbreviations

2012 ASEAN-ADB MOU

CIL Subject Classification
Date of Adoption 04/04/2012
Place of Adoption Phnom Penh, Cambodia, 20th ASEAN Summit
Issued/Adopted by ASEAN Secretary-General and Asian Development Bank President
Dispute settlement provisions

Article 8.1: Settlement of Disputes

“Any difference or dispute between the Parties concerning the implementation and/or implementation and/or application of any of the provisions of this Memorandum of Understanding will be settled amicably through mutual consultations and/or negotiations between the Parties without reference to any third party or international tribunal.”

Entry Into Force Status In Question
Date of Entry into Force

04/04/2012

Date of Termination

31/12/2015

Entry into Force / Termination Provisions

Article 6: Entry into Effect, Duration and Termination

“6.1 This Memorandum of Understanding will come into effect on the date of signing by the authorized representatives of the Parties and will remain in force until 31 December 2015, unless it is extended through mutual agreement in writing by the Parties.

6.2 Notwithstanding the provision in the preceding paragraph, either Party may terminate this Memorandum of Understanding by notifying the other Party of its intention to do so by a notice in writing at least six (6) months prior to its intention to do so.

6.3 The termination of this Memorandum of Understanding will not affect any agreement or undertaking concluded or entered into during its duration which will be fulfilled in accordance with the provisions of such agreement or undertaking and will not discontinue any ongoing project and agreed arrangements of mutual cooperation and joint activities under the said ongoing projects.”

Status
ASEAN States
Brunei Darussalam
Cambodia
Indonesia
Lao PDR
Malaysia
Myanmar
Philippines
Singapore
Thailand
Vietnam
Other Country ASEAN  Signed 04/04/2012
Asian Development Bank  Signed 04/04/2012
Related Instruments
Related Instruments

2006 Memorandum of Understanding for Administrative Arrangements between the Association of Southeast Asian Nations Secretariat and Asian Development Bank

External Links
Additional Information

Article 6.1 of this MOU states that it will remain in force until 31 December 2015 unless it is extended by mutual agreement in writing by the Parties. It is unclear whether such agreement was made. However, the ASEAN Secretariat Resource Centre site lists this MOU as “In Force” as of the time of this update.