Asean Agreements

ASEAN members have developed and adopted an action plan for the further implementation of SEANWFZ. The plan aims to strengthen regional coordination as opposed to nuclear weapons and to strengthen regional participation in relevant international agreements. Within the framework of the plan of action, States agree to continue the conclusion of IAEA safeguards agreements and accession to the Convention on Early Notification of Nuclear Accidents and regional contingency plans. In addition, States agreed to consider acceding to other relevant instruments, such as the CTBT and the nuclear-related counter-terrorism conventions. ASEAN has a series of free trade agreements with other Asian countries, which are radically changing the global landscape of government procurement and manufacturing. It has, for example, a contract with China that effectively eliminated tariffs reduced to nearly 8,000 product categories or 90% of goods imported at zero. These favourable conditions have entered into force in China and in ASEAN home members such as Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand. Introduction to tax treaties across Asia In this issue of Asia Briefing Magazine, we see the different types of trade and tax treaties that exist between Asian nations. These include bilateral investment agreements, double taxation treaties and free trade agreements that have a direct impact on companies operating in Asia. The ASEAN Secretariat: 70-A Jalan Sisingamangaraja Jakarta 12110 Indonesia Phone: (62-21) 726-2991, 724-3372 Fax: (62-21) 739-8234, 724-3504 Telex: 47213, 47214 ASEAN-JKT Website: www.asean.org January 11-14, 12 The ASEAN Summit, postponed due to Typhoon Seniang, amid controversies over corruption and overvaluation of lamps to illuminate routes to and between the assembled summits. On the first day of the summit, ASEAN signed five agreements: a declaration for a community of care and sharing, a declaration on the ASEAN Charter plan, a declaration on accelerating the establishment of an ASEAN Community by 2015, the ASEAN declaration on the protection and promotion of the rights of migrant workers and the ASEAN Agreement on Combating Terrorism (ACCT). Ministers also addressed the issue of cross-border crime and welcomed the ASEAN-China agreement on non-traditional security issues and stressed the need for cooperation in counter-terrorism, in particular within the framework of the ASEAN-US Counter-Terrorism Work Plan and other related agreements.

On 1 and 2 June, the Heads of State and Government of ASEAN and the Republic of Korea (ROK) met on Jeju Island to commemorate the twentieth anniversary of ASEAN-ROK relations. . . .