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framework agreement on the asean investment area:对东盟投资区框架协议
FRAMEWORK AGREEMENT ON THE ASEAN INVESTMENT AREA The Governments of Brunei Darussalam, the Republic of Indonesia, the Lao Peoples Democratic Republic, Malaysia, the Union of Myanmar, 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 the importance of sustaining economic growth and development in all Member States through joint efforts in liberalising trade and promoting intra ASEAN trade and investment flows enshrined in the Framework Agreement on Enhancing ASEAN Economic Co-operation signed in Singapore on 28 January 1992; RECALLING the decision of the Fifth ASEAN Summit held on 15 December 1995 to establish an ASEAN Investment Area (hereinafter referred to as AIN), in order to enhance ASEANs attractiveness and competitiveness for promoting direct investments; AFFIRMING their commitment to the 1987 ASEAN Agreement for the Promotion and Protection of Investments and its 1996 Protocol to enhance investor confidence for investing in ASEAN; MINDFUL of the decision to establish an ASEAN Free Trade Area (AFTA) and the implementation of the ASEAN Industrial Co-operation (AICO) Scheme, to encourage greater investment flows into the region; RECOGNISING that direct investment is an important source of finance for sustaining the pace of economic, industrial, infrastructure and technology development; hence, the need to attract higher and sustainable level of direct investment flows in ASEAN; DETERMINED to realise the vision of ASEAN to establish a competitive ASEAN Investment Area through a more liberal and transparent investment environment by 1st January 201 0; and BEARING IN MIND that the measures agreed upon to establish a competitive ASEAN Investment Area by 2010 shall contribute towards ASEAN Vision 2020. HAVE AGREED AS FOLLOWS: ARTICLE 1 Definition For the purpose of this Agreement: ASEAN investor means; (i) a
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