Common Contracts

Contract

May 5th, 2020

• Filed
  May 5th, 2020

Basic Agreement on the ASEAN Industrial Cooperation Scheme The Governments of Brunei Darussalam, the Republic of Indonesia, Malaysia, the Republic of the Philippines, the Republic of Singapore, the Kingdom of Thailand and the Socialist Republic of Vietnam, Member States of the Association of South East Asian Nations (ASEAN); REAFFIRMING their desire to collaborate for the acceleration of economic growth in the region to promote greater industrialisation of their economies, to expand their trade and investment and to improve the economic infrastructure for the mutual benefit of their people; MINDFUL of the rapid development in the international economic environment and the need to maintain ASEAN's attractiveness and competitiveness as an investment region; RECOGNIZING that the liberalization of trade and investment in ASEAN Countries can support meaningful industrial cooperation which can greatly contribute to strengthening and broadening the base of their industrial sector; CONVINCED t