Notification of the Entry into Force of the Japan-ASEAN Comprehensive Economic Partnership Agreement
October 21, 2008
- Following the cabinet decision on October 21 (Tue), the notification
of the completion of the legal procedures for the entry into force of the
Agreement on Comprehensive Economic Partnership among Japan and the Member
States of the Association of Southeast Asian Nations (Japan-ASEAN Comprehensive
Economic Partnership Agreement) will be made to each government of the ASEAN
Member States on October 22 (Wed). With this notification, the Agreement
will enter into force on December 1 (Mon) with the ASEAN Member States which
will have made the notification before the end of this month. With
regards to the ASEAN Member States which will make the notification later,
the Agreement will enter into force subsequently in accordance with the
stipulations of the Agreement.
- To strengthen the economic partnership with ASEAN, this Agreement provides
for the liberalization and facilitation of trade in goods between Japan
and the ASEAN Member States, promoting cooperation in such fields as intellectual
property, agriculture, forestry and fisheries, and holding negotiations
for the liberalization of trade in services and liberalization and protection
of investment. And the Agreement has been signed by Japan and the
ASEAN Member States in April this year.
- With the entry into force of the Agreement, it is expected that the economic relationship with ASEAN will be further invigorated, contributing to enhancement of their strategic relationship.