Entry into Force of the Japan-ASEAN Comprehensive Economic Partnership Agreement
December 1, 2008
- The Agreement on Comprehensive Economic Partnership between Japan and
Member States of the Association of Southeast Asian Nations (Japan-ASEAN
Comprehensive Economic Partnership Agreement) entered into force today,
December 1 (Mon), between Japan, Singapore, Laos, Vietnam, and Myanmar.
The Agreement will become effective in relation to other ASEAN member
states once they make a notification on the completion of their respective
legal procedures necessary for the entry into force of the Agreement.
- Today, the Joint Committee established pursuant to the Agreement will
meet for the first time at the ASEAN office in Jakarta, Indonesia and adopt
- To strengthen the economic partnership between Japan and the ASEAN,
the Agreement liberalizes and facilitates trade in goods between Japan and
the ASEAN Member States, promotes cooperation in such fields as intellectual
property as well as agriculture, forestry and fisheries, and stipulates
that it will hold negotiations for the liberalization of trade in services
and the liberalization and protection of investment.
- With the entry into force of the Agreement, Japan’s economic relationship with the ASEAN is expected to be further invigorated, contributing to the enhancement of their strategic relationship.