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Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                                           Priority Actions
                                                  2008-2009                        2010-2011                       2012-2013                     2014-2015
A. Towards a Single Market and Production Base
A1. Free Flows of Goods
    Common Effective Preferential            Enhance CEPT
    Tariffs- ASEAN Free Trade Area           Agreement (2008)
    (CEPT-AFTA)
    Tariffs Reduction                        Complete the tariff                Complete the tariff
                                             reduction schedule to 0-           reduction schedule to 0-
                                             5% for all IL products for         5% for all IL products for
                                             Laos and Myanmar                   Cambodia (2010);1
                                             (2008);1
    Elimination of Tariffs                   Integrate products outside
                                             the CEPT Scheme in
                                             accordance to the CEPT
                                             Agreement (2008);
                                             Eliminate import duties on         Eliminate import duties
                                             60% of all IL products             on 60% of all IL products
                                             except for those phased in         except for those phased
                                             from SL and HSL for Laos           in from SL and HSL for
                                             and Myanmar (2008);2               Cambodia (2010);
                                             Eliminate import duties on         Eliminate import duties         Eliminate import duties
                                             80% of all IL products             on 80% of all IL products       on 80% of all IL products
                                             except for those phased in         except for those phased         except for those phased
                                             from SL and HSL for                in from SL and HSL for          in from SL and HSL for
                                             ASEAN 6 (2007);                    Viet Nam (2010);                Laos and Myanmar
                                                                                                                (2012);
                                                                                Eliminate tariffs on all                                    Eliminate tariffs on all
                                                                                products, except for                                        products, except for those
                                                                                those phased in from the                                    phased in from the SL and
                                                                                SL and HSL, for ASEAN                                       HSL, for CLMV 2015 with
                                                                                6 (2010);                                                   flexibility on some sensitive

        1
            ASEAN-6 and Viet Nam have completed their tariff reduction schedule in 2003 and 2006 respectively
        2
            ASEAN-6 and Viet Nam have reached their 60% tariff elimination in 2003 and 2006 respectively.
                                                                                        1
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                                              Priority Actions
                                               2008-2009                            2010-2011                   2012-2013                     2014-2015
                                                                                                                                         products up to 2018
                                         Eliminate import duties on                                          Eliminate import duties
                                         products in the PIS for                                             on products in the PIS
                                         ASEAN-6 (2007);                                                     for CLMV (2012);
                                         Elimination of duties for 1st           Elimination of duties for
                                         and 2nd tranche of ICT                  the 3rd tranche ICT
                                         products for CLMV in                    products for CLMV in
                                         accordance to the                       accordance to the
                                         Framework Agreement on                  Framework Agreement
                                         e-ASEAN (2008 for the 1st               on e-ASEAN (2010);3
                                         tranche ICT products and
                                         2009 for the 2nd tranche
                                         ICT products);3
                                                                                 Reduce tariffs on           Reduce tariffs on           Complete phase in of the
                                                                                 Sensitive List (SL)         Sensitive List (SL)         remaining products in the
                                                                                 products to 0-5% for        products to 0-5% for Viet   Sensitive List (SL) into the
                                                                                 ASEAN-6 (2010);             Nam (2013). In the case     CEPT Scheme and reduce
                                                                                                             of sugar Viet Nam shall     tariffs on these products to
                                                                                                             reduce the tariffs to 0-    0-5% ( 2015- Lao PDR
                                                                                                             5% by 2010;                 and Myanmar; 2017-
                                                                                                                                         Cambodia)


                                                                                 Complete the tariff
                                                                                 reduction schedule for
                                                                                 Highly Sensitive List
                                                                                 (HSL) to the agreed end-
                                                                                 rate


  Elimination of Non-Tariff              Abide by the commitment
  Barriers                               of a standstill and roll-back
                                         on NTBs, effective
                                         immediately;


   3
       ASEAN-6 has completed its tariff reduction for all ICT products in 2005
                                                                                        2
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                              Priority Actions
                         2008-2009                    2010-2011              2012-2013                 2014-2015

                     Enhance transparency by
                     abiding to the Protocol on
                     Notification Procedure and
                     setting up an effective
                     Surveillance Mechanism;
                                                   Eliminate NTBs for     Eliminate NTBs for the   Eliminate NTBs for CLMV
                                                   ASEAN 5 (2010)         Philippines (2012)       (2015) with flexibility to
                                                                                                   2018 for some sensitive
                                                                                                   products
  Rules of Origin    Continuously reform and
                     enhance the CEPT ROO
                     to re4spond to changes in
                     global production
                     processes, including
                     making necessary
                     adjustments such as the
                     introduction of advance
                     rulings and improvements
                     to the ROO (2007);
                     Simplify the Operational
                     Certification Procedures
                     for the CEPT ROO and
                     ensure its continuous
                     enhancement, including
                     the introduction of
                     facilitative processes such
                     as the electronic
                     processing of certificates
                     of origin, and
                     harmonisation or
                     alignment of national
                     procedures to the extent
                     possible (2007); and


                                                         3
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                                Priority Actions
                                       2008-2009                        2010-2011                  2012-2013   2014-2015
                                  Review all the ROO
                                  implemented by ASEAN
                                  Member Countries,
                                  individually and
                                  collectively, and explore
                                  possible cumulation
                                  mechanisms, where
                                  possible.
      Trade Facilitation Work     Finalisation of the                Promote transparency
      Programme                   Comprehensive Work                 and visibility of all
                                  Programme on Trade                 actions and interventions
                                  Facilitation                       by all stakeholders within
                                                                     international trade
                                  Assessment of Trade
                                                                     transactions.
                                  Facilitation conditions in
                                  ASEAN
                                                                     Simplified, harmonised
                                  Establish Regional Trade           and standardised trade
                                  Facilitation mechanism             and custom, processes,
                                  Promote transparency and           procedures and related
                                  visibility of all actions and      information flows to
                                  interventions       by      all    move goods and
                                  stakeholders            within     associated services
                                  international            trade     internationally from seller
                                  transactions.                      to buyer, and to pass
                                                                     payment in opposite
                                  Establish ASEAN Trade              direction
                                  Facilitation Repository
                                  ASEAN        Criteria        for
                                  authorised traders

Customs Integration               Integrate customs structures
      Strategic Plan of Customs
                                  Modernise customs
      Development
                                  techniques, guided by
                                  simple and harmonised
                                  customs procedures and

                                                                             4
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                        Priority Actions
                         2008-2009                  2010-2011          2012-2013   2014-2015
                     formalities through the
                     implementation of regional
                     models of processing of
                     cargoes and shipments
                     (ASEAN Cargo Processing
                     Model and ASEAN
                     Customs Declaration
                     Document in 2007) as
                     committed.
                     Establish ASEAN Customs
                     Transit system to facilitate
                     movement of goods and
                     means of transport.

                     Establish ASEAN Customs
                     systems dealing with
                     special customs regimes
                     such as Temporary
                     Admission, Outward
                     Processing and Inward
                     Processing with the view
                     to facilitate integration of
                     production and supply
                     chains.

                     Modernise tariff
                     classification, customs
                     valuation and origin
                     determination and
                     establish ASEAN e-
                     Customs.




                                                      5
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                           Priority Actions
                            2008-2009                  2010-2011          2012-2013   2014-2015
                        Adopt international
                        standards and practices to
                        secure a uniform system of
                        tariff classification, a
                        synchronised system of
                        value assessment for
                        customs purposes and a
                        harmonised system of
                        origin determination (origin
                        conferring), and
                        information exchange,
                        where possible.
                        Smoothen customs
                        clearance
                        Strengthen human
                        resources development
                        Implement ASEAN e-
                        Customs.
                        Promote mutual
                        assistance for better
                        customs efficiency and
                        effectiveness.
  ASEAN Single Window   Brunei Darussalam,
                        Indonesia, Malaysia,
                        Philippines, Singapore and
                        Thailand operationalise
                        their National Single
                        Windows by 2008.
                        ASEAN-4 (Cambodia, Lao
                        PDR, Myanmar and Viet
                        Nam) operationalise their
                        National Single Windows
                        no later than 2012.

                                                         6
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                               Priority Actions
                         2008-2009                     2010-2011               2012-2013               2014-2015
                     Implementation of
                     measures of simplifying,
                     harmonising and
                     standardising trade and
                     customs, processes,
                     procedures.
                     Standardisation of data
                     elements based on WCO
                     data model, the WCO data
                     set and United Nation
                     Trade Data Directory
                     (UNTDED) and
                     acceleration of introduction
                     of information,
                     communication and
                     technology (ICT) for
                     digitalised processing and
                     exchange.
                     Application of ICT in all
                     areas related to trade
                     facilitation and customs
                     management are
                     paramount in the ultimate
                     creation of an ASEAN
                     Single Window.
  Standards and      Implement a Single             Monitor the
  Conformance        Regulatory Scheme for          implementation of the
                     Cosmetic                       Single Regulatory
                                                    Scheme for Cosmetics
                     Continue to monitor the                                The listed Conformity
                     effective Implementation of                            Assessment Bodies
                     the ASEAN Sectoral MRA                                 under the Sectoral
                     on Electrical and                                      MRAs will be utilised to
                     Electronic Equipment                                   implement the single
                     (EEE)                                                  regulatory regime for
                                                          7
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                               Priority Actions
                         2008-2009                   2010-2011                   2012-2013                     2014-2015
                                                                              EEE


                     Prepare for the                                          Implement a single          Monitor the implementation
                     implementation of a single                               regulatory regime for       of the single regulatory
                     regulatory regime for                                    EEE                         regime for EEE
                     electrical and electronic
                     equipment


                     Implement the ASEAN          Monitor the
                     Common Technical             implementation of the
                     Dossiers (ACTD) for          ACTD.
                     Pharmaceutical and
                     Medical Device               Strengthen competency
                                                  and confidence amongst
                                                  regulatory authorities in
                                                  evaluation process
                                                                                                        Implement harmonised
                                                                                                        technical requirements for
                                                                                                        TMHS for identified areas in
                                                                                                        all Member Countries
                                                                              Monitor the effective
                                                                              implementation of the
                                                                              Sectoral MRA on GMP
                                                                              Inspection for
                                                                              Pharmaceutical

                                                                              Implement harmonised
                                                                              standards and technical
                                                                              regulations

                     Implement the ASEAN          Monitor the
                     Common Submission            implementation of the
                     Dossier Template (CSDT)      CSTD.
                     for Medical Device


                                                         8
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                Priority Actions
                         2008-2009                   2010-2011                 2012-2013   2014-2015
                                                  Strengthen competency
                                                  and confidence amongst
                                                  regulatory authorities in
                                                  evaluation process
                     Develop an ASEAN             Harmonise the technical
                     Module for Traditional       requirements on TMHS
                     Medicine and Health          for identified areas
                     Supplement (TMHS) and
                     identify areas for
                     harmonisation of technical
                     requirements
                     Sign and prepare for the     Implement the Sectoral
                     implementation an ASEAN      MRA on GMP Inspection
                     Sectoral MRA on Good         for Pharmaceutical
                     Manufacturing Practice
                     (GMP) Inspection for
                     Pharmaceutical
                     Establish and implement      Monitor the effective
                     Post Market Alert Systems    implementation of the
                     for various Sectors          Post Marketing Alert
                                                  System for various
                                                  sectors
                     Identify and harmonise       Continue to harmonise
                     more standards and           standards and technical
                     technical regulations for    regulations for identified
                     other sectors such as        sectors
                     wood-based, rubber-
                     based and automotive etc.




                                                          9
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                                               Priority Actions
                                                    2008-2009                            2010-2011                   2012-2013                     2014-2015
                                               Continue to enhance
                                               Technical Infrastructure:
                                               more testing laboratories
                                               and certification bodies to
                                               be accredited to relevant
                                               international standards
                                               and Post Market
                                               Surveillance to be
                                               strengthened
A2. Free Flows of Services


             Services Liberalisation                                                Remove substantially all      Remove substantially all     Remove substantially all
             under AFAS4                                                            restrictions on trade in      restrictions on trade in     restrictions on trade in
                                                                                    services for the 4 priority   services for logistics       services for all other
                                                                                    services sectors (2010)       services by 2013.            services sectors by 2015.

                                               Schedule at least 10 new             Schedule at least 15          Schedule at least 20         Schedule at least 20 (2014)
                                               sub-sectors (2008)                   new sub-sectors (2010)        new sub-sectors (2012)       and 7 (2015) new sub-
                                                                                                                                               sectors
                                               No restrictions for Modes 1
                                               and 2, with exceptions due
                                               to bona fide regulatory
                                               reasons (2008)

                                               At least 51% foreign equity          At least 70% foreign
                                               participation for the 4              equity participation for
                                               priority services sectors,           the 4 priority services
                                               (2008)                               sectors, (2010)
                                               At least 49% foreign equity          At least 51% foreign          At least 70% foreign
                                               participation for logistics          equity participation for      equity participation for
                                               services, (2008)                     logistics services, (2010)    logistics services, (2013)



       4
           The approaches shall be subject to flexibility as provided in the Blueprint
                                                                                           10
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                       Priority Actions
                               2008-2009                     2010-2011                2012-2013        2014-2015
                           At least 49% foreign equity    At least 51% foreign                    At least 70% foreign equity
                           participation for other        equity participation for                participation for all services
                           services sectors, (2008).      other services sectors,                 sectors, (2015).
                                                          (2010);
                           Progressively remove
                           market access limitations
                           for Mode 3 as endorsed by
                           the AEM.

                           Complete the compilation
                           of an inventory of barriers
                           to services by August
                           2008.
                           Set the parameters of          Schedule commitments
                           liberalisation for national    according to agreed
                           treatment limitations, Mode    parameters for national
                           4 and limitations in the       treatment limitations,
                           horizontal commitments for     Mode 4 and limitations in
                           each round (2009)              the horizontal
                                                          commitments set in
                                                          2009.
     Mutual Recognition    Complete MRAs currently        Identify and develop                    Full implementation of
     Arrangements (MRAs)   under negotiation, i.e.        MRAs for other                          completed MRAs (2015).
                           architectural services,        professional services by
                           accountancy services,          2012
                           surveying qualifications,
                           medical practitioners, and
                           dental practitioners (2008).
                           Implement the completed
                           MRAs




                                                                 11
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                                       Priority Actions
                                               2008-2009                        2010-2011                      2012-2013                      2014-2015
             Financial Services           Develop the list of “pre-           Agree on the list of           Develop the list of          Substantially remove5
             Sector                       agreed flexibilities” that          “pre-agreed                    “pre-agreed                  restrictions for the
                                          can be maintained by each           flexibilities” that can be     flexibilities” that can be   Insurance, Banking and
                                          member country for the              maintained by each             maintained by each           Capital Market sub-
                                          sub-sectors identified for          member country for             member country from          sectors by 2015 as
                                          liberalisation by 2015              the sub-sectors                2020                         identified by member
                                                                              identified for                                              countries in Annex 1.
                                                                              liberalisation by 2015
                                                                                                                                          By 2017, agree on the list
                                                                                                                                          of “pre-agreed flexibilities”
                                                                                                                                          that can be maintained by
                                                                                                                                          each member country
                                                                                                                                          from 2020

                                                                                                                                          Substantially remove6
                                                                                                                                          restrictions on trade in
                                                                                                                                          services for all remaining
                                                                                                                                          sectors by 2020.
A3. Free Flows of Investment

       ASEAN Investment                   Discuss, negotiate and
       Agreement (AIA)                    draft the new ASEAN
                                          Comprehensive
                                          Investment Agreement
                                          (ACIA).

                                          Finalise the ACIA to be
                                          submitted to the 11th AIA
                                          Council.




       5
           Members may maintain restrictions as negotiated and agreed in the list of “pre-agreed flexibilities” for 2015.
       6
           Members may maintain restrictions as negotiated and agreed in the list of “pre-agreed flexibilities” for 2020.
                                                                                   12
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                               Priority Actions
                         2008-2009                    2010-2011                  2012-2013                    2014-2015
  Liberalisation     Commence Phase I of the       Complete Phase I of the    Complete Phase II of the    Complete the Final Phase
                     progressive                   progressive                progressive                 of the progressive
                     reduction/elimination of      reduction/elimination of   reduction/elimination of    reduction/elimination of
                     investment restrictions and   investment restrictions    investment restrictions     investment restrictions and
                     impediments in 2008.          and impediments for        and impediments for         impediments foreight (8)
                                                   eight (8) ASEAN            eight (8) ASEAN             ASEAN Member Countries
                                                   Member Countries in        Member Countries in         in 2014 and ASEAN 2 (Lao
                                                   2010 and for ASEAN 2       2012 and ASEAN 2 (Lao       PDR and Myanmar) in
                                                   (Lao PDR and Myanmar)      PDR and Myanmar) in         2015.
                                                   in 2011.                   2013.

                                                                                                          Realise free and open
                                                                                                          investment regime with
                                                                                                          minimal investment
                                                                                                          restrictions in 2015.


                                                                                                          Achieve the harmonisation
                                                                                                          of investment measures to
                                                                                                          facilitate movement of
                                                                                                          investments.

                                                   Commence Phase II of       Commence the Final
                                                   the progressive            Phase of the progressive
                                                   reduction/elimination of   elimination of investment
                                                   investment restrictions    restrictions and
                                                   and impediments for        impediments for eight (8)
                                                   eight (8) ASEAN            ASEAN Member
                                                   Member Countries in        Countries in 2012 and
                                                   2010 and for ASEAN 2       for ASEAN 2 (Lao PDR
                                                   (Lao PDR and Myanmar)      and Myanmar) in 2013
                                                   in 2011




                                                         13
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                 Priority Actions
                         2008-2009                     2010-2011                  2012-2013                     2014-2015
  Facilitation       Identify international best    Commence the adoption      Review and assess the       Review and assess the
                     practices on investment        of applicable              impact and effectiveness    impact and effectiveness of
                     measures for possible          international best         of the investment           the investment measures
                     adoption by ASEAN.             practices on investment    measures adopted.           adopted.
                                                    measures.
                     Review and recommend                                      Continue efforts to adopt   Achieve the harmonisation
                     applicable international       Publish and disseminate    applicable international    of selected investment
                     best practices for adoption    ASEAN Investment           best practices on           measures to facilitate
                     by ASEAN.                      Publications:              investment measures.        movement of investment.
                     Publish and disseminate        - ASEAN Investment         Publish and disseminate     Publish and disseminate
                     ASEAN Investment                 Report (AIR);            ASEAN Investment            ASEAN Investment
                     Publications:                  - Statistics of FDI in     Publications:               Publications:
                                                      ASEAN;
                     - ASEAN Investment                                        - ASEAN Investment          - ASEAN Investment
                                                    - Foreign Investors
                       Report (AIR);                                             Report (AIR);               Report (AIR);
                                                      Living in ASEAN;
                     - Statistics of FDI in                                    - Statistics of FDI in      - Statistics of FDI in
                                                    - Directory on Logistics
                       ASEAN;                                                    ASEAN;                      ASEAN;
                                                      in ASEAN; and
                     - Compendium on                                           - Facts and Figures of      - Directory on Electronics;
                                                    - Development and
                       Investment Measures                                       Doing Business in         - Directory on Component
                                                      Promotion of New
                       and Policies in ASEAN                                     ASEAN (an update).          Manufacturers
                                                      Growth Areas including
                       (Investing in ASEAN
                                                      Environmental Friendly
                       Guidebook: An Update)
                                                      Industries
                     - Update Investment
                       Brochure; and
                     - Brochure on Outsourcing
                       Activities / Opportunities
                       in ASEAN
                     Identify and promote           Link website on            Develop ASEAN               Undertake consultation
                     investment opportunities       investment between         Investment Promotion        with business sector to
                     for infrastructure in CLMV     ASEAN and Dialogue         Video to build up           facilitate investment in
                     countries.                     Partners.                  image/brand of ASEAN.       ASEAN.

                     Complete FDI database          Undertake consultation     Undertake consultation
                     covering goods and             with business sector to    with business sector to
                     services sector.               facilitate investment in   facilitate investment in
                                                    ASEAN.                     ASEAN.

                                                           14
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                       Priority Actions
                                      2008-2009                  2010-2011                 2012-2013                   2014-2015
                                  Enhance networking          Organise discussions on
                                  among ASEAN Investment      key issues of FDI.
                                  Promotion Agencies.
                                  Undertake consultation
                                  with business sector to
                                  facilitate investment in
                                  ASEAN.
                                  Establish database on
                                  Industrial Cluster.

       Promotion                  Organise two inbound and    Organise two inbound      Organise two inbound      Organise two inbound and
                                  two outbound investment     and two outbound          and two outbound          two outbound investment
                                  missions.                   investment missions.      investment missions       missions.
                                                                                        annually.
                                  Continue series of ASEAN    Promote regional          Promote regional
                                  investment seminars on      clusters and production   clusters and production
                                  opportunities in CLMV       network through ASEAN     network through ASEAN
                                  countries to be hosted by   industrial cooperation    industrial cooperation
                                  ASEAN-6.                    initiatives               initiatives
       Protection                                             Organise seminar on       Organise seminar on
                                                              investment protection     investment protection
                                                              and settlement of         and settlement of
                                                              investment disputes       investment disputes.
A4. Freer Flows of Capital
    Strengthening ASEAN Capital                                                                                   Achieve greater
    Market Development and                                                                                        harmonisation in capital
    Integration                                                                                                   market standards in
                                                                                                                  ASEAN in the areas of
                                                                                                                  offering rules for debt
                                                                                                                  securities, disclosure
                                                                                                                  requirements and
                                                                                                                  distribution rules



                                                                    15
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                                     Priority Actions
                                          2008-2009                        2010-2011                  2012-2013                      2014-2015
                                                                                                                                Facilitate mutual
                                                                                                                                recognition arrangement or
                                                                                                                                agreement for the cross
                                                                                                                                recognition of qualification
                                                                                                                                and education and
                                                                                                                                experience of market
                                                                                                                                professionals

                                                                                                                                Achieve greater flexibility in
                                                                                                                                language and governing
                                                                                                                                law requirements for
                                                                                                                                securities issuance

                                                                                                                                Enhance withholding tax
                                                                                                                                structure, where possible,
                                                                                                                                to promote the broadening
                                                                                                                                of investor base in ASEAN
                                                                                                                                debt issuance

                                                                                                                                Facilitate market driven
                                                                                                                                efforts to establish
                                                                                                                                exchange and debt market
                                                                                                                                linkages, including cross-
                                                                                                                                border capital raising
                                                                                                                                activities

Allowing greater capital mobility
The liberalisation of capital movements is to be guided by the following principles:
       1. Ensuring an orderly capital account liberalisation consistent with member countries’ national agenda and readiness of the economy.
       2. Allowing adequate safeguards against potential macroeconomic instability and systemic risk that may arise from the liberalisation process,
          including the right to adopt necessary measures to ensure macroeconomic stability.
       3. Ensuring the benefits of liberalisation to be shared by all ASEAN countries.
Foreign Direct Investment            Assess and identify rules         Progressively liberalise,                                Continue to liberalise,
                                     for liberalisation for freer      where appropriate and                                    where appropriate and
                                     flows of foreign direct           possible, the pre                                        possible, any other items

                                                                              16
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                         Priority Actions
                              2008-2009                       2010-2011                  2012-2013       2014-2015
                         investments which include:       identified list of rules for               related to:
                          - Direct outward                freer flow of foreign                       - Foreign direct
                            investment                    direct investments                              investment
                          - Direct inward investment                                                  - Portfolio investments
                          - Liquidation of direct                                                     - Other types of capital
                            investment                                                                    flows
                                                                                                     To support FDI and to
                                                                                                     promote capital market
                                                                                                     development
Portfolio Investment   2009-2010:
                         Assess and identify rules
                         for liberalisation for freer
                         flows of portfolio
                         investments, particularly in
                         debts and equity, which
                         include:
                          - Purchase of domestic
                            debt securities and
                            equity by non-residents
                          - Issuance of debt
                            securities and equity by
                            non-residents locally
                          - Repatriation of proceeds
                            arising from portfolio
                            investments
                          - Issuance and/or sale of
                            debt securities and
                            equity abroad by
                            residents
                          - Purchase of debt
                            securities and equity
                            abroad by residents
                                                        2011-2013:
                                                        Progressively liberalise,
                                                        where appropriate and
                                                        possible, the rules identified
                                                        for freer flow of portfolio

                                                                  17
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                             Priority Actions
                                   2008-2009                       2010-2011                     2012-2013                     2014-2015
                                                             investments
Other Types of Flows                                         2011-2012
                                                               Assess and identify rules
                                                               for liberalisation of other
                                                               types of flows,
                                                               particularly long-term
                                                               foreign borrowing and
                                                               lending
                                                                                             Progressively liberalise,
                                                                                             where appropriate and
                                                                                             possible, the rules
                                                                                             identified for other types
                                                                                             of flows, particularly
                                                                                             long-term foreign
                                                                                             borrowing and lending
Current Account Transactions   Develop financial market        Further develop financial     Remove and/or relax,         Continue to liberalise,
                               to eliminate, where             market to eliminate,          where appropriate and        where appropriate and
                               applicable, the practice of     where applicable, the         possible, restrictions on    possible, any other items
                               dual exchange rate              practice of dual              repatriation/ surrender      related to current account
                               structure.                      exchange rate structure.      requirement                  transactions
                               Relax the limitation on         Adopt Article VIII IMF by
                               foreign exchange                ASEAN countries by
                               purchase and other              2011
                               payments for invisible
                               transactions and current
                               transfers
Facilitation                   Draft/amend legal and
                               regulatory framework,
                               where appropriate and
                               possible, to support
                               changes in rules




                                                                       18
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                     Priority Actions
                                        2008-2009                   2010-2011          2012-2013       2014-2015
                                   Strengthen policy dialogue
                                   on prudential regulation
                                   and supervision, to assist
                                   member countries develop
                                   a supportive regulatory
                                   framework for orderly
                                   liberalisation
                                   Establish/enhance
                                   systems to monitor flows
                                   in each member country
                                   Country collaboration to
                                   harmonise, where
                                   possible, policies, statistics
                                   and infrastructure related
                                   to flows
                                   Share with member
                                   countries progress on
                                   rules liberalised
A5. Free Flows of Skilled Labour   Complete MRAs for major                                         Develop core
                                   professional services,                                          competencies
                                   including PIS services                                          (concordance of skills and
                                   sectors by 2008                                                 qualifications) for
                                                                                                   job/occupational skills
                                   Develop core                                                    required in all services
                                   competencies                                                    sectors by 2015
                                   (concordance of skills and
                                   qualifications) for
                                   job/occupational skills
                                   required in the priority
                                   services sectors by 2009




                                                                     19
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                          Priority Actions
                                        2008-2009                    2010-2011              2012-2013               2014-2015
A6. Priority Integration Sectors   Conduct a bi-annual
                                   review to monitoring the
                                   status, progress and
                                   effectiveness of PIS
                                   roadmaps amongst
                                   ASEAN Member Countries

                                   Identify sector-specific
                                   projects or initiatives with
                                   Country Coordinators
                                   through regular dialogues
                                   or consultation with
                                   stakeholders, particularly
                                   the private sector
                                                                  Complete most of the   Complete most of the
                                                                  measures identified    measures identified
                                                                  under the roadmap of   under the roadmap for
                                                                  original 11 priority   integration of logistics
                                                                  integration sectors    services

A7. Food, Agriculture and
    Forestry
       Enhance intra- and extra-   Develop and apply
       ASEAN trade and long-       fisheries quality
       term competitiveness of     management system that
       ASEAN’s food, agriculture   ensure food safety and
       and forestry                support competitive
       products/commodities.       position of ASEAN
                                   fisheries products on world
                                   markets through the
                                   implementation, validation,
                                   verification of Hazard
                                   Analysis Critical Control
                                   Point (HACCP)-based
                                   systems and improved
                                   laboratories practices, and

                                                                        20
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                               Priority Actions
                         2008-2009                    2010-2011               2012-2013                     2014-2015
                     adapting quality and safety
                     management systems so
                     that they may be applied
                     to small enterprises in
                     ASEAN by 2009


                                                                           Establish Good
                                                                           Agriculture / Aquaculture
                                                                           Practices (GAP), Good
                                                                           Animal Husbandry
                                                                           Practices (GAHP), Good
                                                                           Hygiene Practices (GHP),
                                                                           Good Manufacturing
                                                                           Practices (GMP), and
                                                                           Hazard Analysis Critical
                                                                           Control Point (HACCP)
                                                                           based systems; for
                                                                           agricultural and food
                                                                           products with significant
                                                                           trade / trade potential by
                                                                           2012
                                                   Harmonise the                                        Sanitary and Phytosanitary
                                                   quarantine and                                       (SPS) measures for
                                                   inspection/sampling                                  agricultural, food and
                                                   procedure by 2010                                    forestry products with
                                                                                                        significant trade / trade
                                                                                                        potential by 2015
                     Harmonise the Maximum
                     Residue Limits (MRLs) of
                     commonly used pesticides
                     for widely traded crop
                     products in accordance with
                     international
                     standards/guidelines, where
                     applicable, by 2010

                                                         21
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                           Priority Actions
                                     2008-2009                    2010-2011               2012-2013        2014-2015


                                                                                                      Harmonise the regulatory
                                                                                                      framework for agricultural
                                                                                                      products derived from
                                                                                                      modern biotechnology by
                                                                                                      2015

                                                                                                      Harmonise the safety and
                                                                                                      quality standards for
                                                                                                      horticultural produce and
                                                                                                      agricultural products of
                                                                                                      economic importance in the
                                                                                                      ASEAN region by 2015

                                 Harmonise guidelines for                                             Harmonise the animal (both
                                 the use of chemicals in                                              terrestrial and aquatic
                                 aquaculture and measures                                             animals) health control for
                                 to eliminate the use of                                              safety of food of animal
                                 harmful chemicals by 2009                                            origin through a common
                                                                                                      bio-security management
                                                                                                      standards scheme by 2015
                                 Define legality standard of   Field testing on the                   Develop a regional
                                 timber by 2008.               Implementation of the                  reference framework on
                                                               Guideline by 2010.                     phased-approach to forest
                                 Finalised draft Guideline
                                                               Capacity building                      certification by 2015
                                 on Phased-approach to
                                                               activities for the
                                 Forest Certification by
                                                               implementation of the
                                 2009.
                                                               Guideline at national
                                                               level during 2010 - 2011
  Promote cooperation, joint     Develop joint strategies /
  approaches and technology      positions on issues of
  transfer with international,   related interest to ASEAN
  regional organisations and     with international
  private sector                 organisations such as

                                                                     22
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                      Priority Actions
                                      2008-2009                   2010-2011          2012-2013   2014-2015
                                 WTO, FAO, OIE, IPPC,
                                 CODEX, CITES and
                                 dialogue partners
                                 Promote collaborative
                                 research and technology
                                 transfer in agriculture, food
                                 and forestry products

                                 Establish strategic
                                 alliances and joint
                                 approaches with the
                                 private sectors in
                                 promoting food safety,
                                 investment and joint
                                 venture opportunities,
                                 promotion of agricultural
                                 products and market
                                 access
                                 Strengthen efforts to
                                 combat illegal logging and
                                 its associated trade, forest
                                 fire and its resultant effects
                                 Strengthen efforts to
                                 combat illegal fishing
  Promote ASEAN                  Strengthen strategic
  agricultural cooperatives as   alliance between
  a means to empower and         agricultural cooperatives in
  enhance market access of       ASEAN through bilateral,
  agricultural products, to      regional and multilateral
  build a network mechanism      cooperation
  linking agricultural
  cooperatives, and to fulfil
  the purpose of agricultural
  cooperatives for the benefit
  of farmers in the region
                                                                   23
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                                Priority Actions
                                             2008-2009                   2010-2011                    2012-2013               2014-2015
                                        Establish business
                                        linkages among the
                                        potential agricultural
                                        cooperatives within
                                        ASEAN

                                        Promote direct investment
                                        and strategic partnership
                                        with ASEAN agricultural
                                        cooperatives producers,
                                        consumers, and traders

B. Towards a Highly Competitive Economic Region


B1. Competition Policy

       Building capacity and            Carrying out a foundation-    Drawing up a regional
       introduction and/or              laying study, review of       work plan on
       adoption of best practices       study findings and            Competition Policy and
       for introducing competition      recommendations, and          Law with special focus:
       policy                           convening a regional          capacity building and the
                                        meeting on study findings     introduction of best
                                        and recommendations.          practices for introducing
                                                                      competition policy.
                                                                      Exploring funding
                                                                      opportunities for the
                                                                      implementation of
                                                                      selected elements of the
                                                                      work plan in line with the
                                                                      strategic schedules of
                                                                      AEC building.
B3. Intellectual Property Rights
       Intellectual Property Rights   Studies to be carried out on:   Completion of studies        To enhance the       Outcome:
       Action Plan                      One, the contribution of      carried out in               competitiveness of

                                                                             24
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                  Priority Actions
                          2008-2009                      2010-2011                 2012-2013                       2014-2015
                     the copyright system to the      collaboration with        copyright industries in       Effective use of copyright
                     economic development.            dialogue partners and     the economies of the          system
                                                      follow-up activities      ASEAN region
                     Two, the implications of                                                                 Establishment of collective
                     copyright system to the          To set a common goal to   To develop online             management societies in
                     economy.                         be attained so as to      access to copyright           all ASEAN countries
                                                      facilitate the            notifications, where
                     Three, the best utilisation
                                                      development of            available
                     by various countries of
                                                      copyright-based
                     flexibilities (limitations and
                                                      industries in ASEAN
                     exemptions) available from
                                                      Member Countries
                     various IP agreements
                     including the FTAs.

                     Four, collective
                     management societies and
                     copyright tribunals.
                     Collecting of country            Formation of national     Operation of national       Outcome:
                     reports on business              and regional on-line      and regional on-line BDS
                     development services             BDS networks              networks
                     (BDS)                                                                                    An improved ASEAN BDS
                                                                                Evaluate the use of the
                                                                                                              network
                                                                                regional online BDS
                                                                                network.

                                                      Capacity building in
                                                      collaboration with
                                                      dialogue partners and
                                                      among AMCs.

                     Agreement on a suitable          Amendment of laws and     Capacity building for IPO     Implementation of the
                     model                            procedures in each AMC    officers in AMCs.             ASEAN filing system for
                                                                                                              design

                     Study on the impact of           Amendments of laws                                      Implementation of the
                     accession to Madrid              and regulations for                                     Madrid Protocol
                     Protocol                         accession, as needed.

                                                            25
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                             Priority Actions
                                        2008-2009                    2010-2011                    2012-2013                2014-2015
                                                                  On-going consultations
                                                                  and information
                                                                  exchanges on IPR
                                                                  protection among
                                                                  national enforcement
                                                                  agencies

                                   Identification of national     Identification of national   Capacity building       Establishment of national
                                   TK, GR and CTE and             TK, GR and CTE and                                   and regional database on
                                   collecting inventory           collecting inventory                                 TK, GR and CTE



B4. Infrastructure Development

       Transport Action Plan

       - Singapore-Kunming Rail    Completion of Poipet-
         Link (SKRL)               Sisophon Rail Link (2009)


      - Road Safety Requirements                                  Implementation of the        Member Countries to
                                                                   ASEAN five-year             develop ASEAN
                                                                   Regional Road Safety        standard measures for
                                                                   Action Plan.                road safety.
       ASEAN Framework             Member Countries have          At least two Member          ASEAN-wide
       Agreement on Multimodal     enacted necessary              Countries implementing       implementation of the
       Transport                   domestic legislations to put   the ASEAN Framework          ASEAN Framework
                                   into effect the ASEAN          Agreement on                 Agreement on
                                   Framework Agreement on         Multimodal Transport.        Multimodal Transport
                                   Multimodal Transport (i.e.
                                   to allow Multimodal
                                   Transport Operators from
                                   other AMCs to operate in
                                   their respective territory.)



                                                                         26
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                              Priority Actions
                                     2008-2009                      2010-2011                 2012-2013        2014-2015
  ASEAN Framework               Implement the ASEAN             Conclude and sign                         Full implementation of the
  Agreement on the              Framework Agreement on          Protocol 6 (Railway                       ASEAN Framework
  Facilitation of Goods in      the Facilitation of Goods in    Borders and Interchange                   Agreement on the
  Transit (AFAFGIT)             Transit (AFAFGIT) for           Stations) of the ASEAN                    Facilitation of Goods in
                                Road Transport                  FAGIT.                                    Transit ( for Road and Rail
                                Operations contingent on                                                  Transport Operations)
                                the speedy conclusion of
                                Protocol 2 (Frontier Ports)
                                and Protocol 7 (Customs
                                Transit).

                                Completion of road              Installation of the
                                construction / improvement      harmonised Route
                                of below Class III road         Numbering signs in the
                                sections of the designated      designated Transit
                                Transit Transport Routes        Transport Routes
                                of Protocol 1 of the            (TTRs) under Protocol 1
                                ASEAN Highway Network,          of the ASEAN
                                i.e., Poipet – Sisophon         Framework Agreement
                                (48km) and Kratie Stung         on Facilitation of Goods
                                Treng (198km).                  in Transit.
  ASEAN Framework               Conclude and adopt final        Start implementation of                   Full implementation of the
  Agreement on the              text of the ASEAN               the ASEAN Framework                       ASEAN Framework
  Facilitation of Inter-State   Framework Agreement on          Agreement on the                          Agreement on the
  Transport (FAIST)             the Facilitation of Inter-      Facilitation of Inter-State               Facilitation of Inter-State
                                State Transport (FAIST)         Transport (2010)                          Transport

                                Conclude and sign the           Implementation of
                                ASEAN Multilateral              ASEAN Multilateral
                                Agreement on the Full           Agreement on the Full
                                Liberalisation of Air Freight   Liberalisation of Air
                                Services (2008)                 Freight Services (in
                                                                accordance with the Air
                                                                Travel Roadmap)




                                                                       27
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                         Priority Actions
                                   2008-2009                    2010-2011                  2012-2013                  2014-2015
  Roadmaps for Integration     Implement the ASEAN
  of Air Travel Sector         Multilateral Agreement on
  (RIATS)                      the Full Liberalisation of
                               Air Freight Services (2008)


                               Conclude and sign ASEAN
                               Multilateral Agreement on
                               the Full Liberalisation of
                               Air Services (2008)

                               Implement the ASEAN           Implement the ASEAN        ASEAN-wide
                               Multilateral Agreement on     Multilateral Agreement     implementation of the
                               Air Services (in              on Air Services (in        ASEAN Multilateral
                               accordance with the Air       accordance with the Air    Agreement on Air
                               Travel Roadmap)               Travel Roadmap)            Services (in accordance
                                                                                        with the Air Travel
                                                                                        Roadmap)
                               Adopt concept and             Finalise the               Implement the ASEAN
                               enabling framework for        implementation             Single Aviation
                               ASEAN Single Aviation         arrangement /agreement     “agreement
                               Market to pave way for the    on the ASEAN Single        /arrangement”.
                               regional open-sky             Aviation Market by 2015.
                               arrangement (2008)
                               Develop the                                                                        ASEAN-wide
                               implementation                                                                     Implementation of the
                               arrangement /agreement                                                             ASEAN Single Aviation
                               on the ASEAN Single                                                                “agreement /arrangement”.
                               Aviation Market (which will
                               be implemented by 2015).
  Roadmap towards an           Develop strategies for a      Implement the Maritime     Implement the Maritime    Review the Maritime
  Integrated and Competitive   ASEAN Single Shipping         Transport Roadmap          Transport Roadmap         Transport Roadmap for the
  Maritime Transport in        Market                                                                             next 3-5 years.
  ASEAN, which promotes
  and strengthens intra-
  ASEAN shipping market
                                                                   28
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                                            Priority Actions
                                        2008-2009                  2010-2011               2012-2013   2014-2015
      and services.
      Information Infrastructure    Implement the ASEAN         ASEAN-wide
                                    Telecommunications          implementation of the
  -     Brunei Plan Action of ICT
                                    Regulators Council          ASEAN MRA on
  -     ICT Focus
                                    (ATRC) Mutual               conformity assessment
                                    Recognition Arrangement     for telecommunication
                                    (MRA) on conformity         equipment
                                    assessment for
                                    telecommunication
                                    equipment
                                    Promote and deepen          Implement regional
                                    policy and regulatory       measures to extend
                                    measures to deal with the   connectivity, capacity
                                    opportunities and           and access in and
                                    challenges in the area of   between member
                                    Next Generation Networks    countries via high speed
                                    (including issue on         network between
                                    broadband penetration and   national information
                                    communications in rural     infrastructures
                                    areas, etc)
                                                                Enable the
                                                                interoperability of
                                                                products/ services,
                                                                information systems and
                                                                networks, in a
                                                                convergence
                                                                environment.




                                                                      29
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                        Priority Actions
                         2008-2009                  2010-2011          2012-2013   2014-2015
                     Develop a general
                     framework or guidelines
                     for coordinated ASEAN e-
                     government programs for
                     efficient delivery of public
                     services, and to facilitate
                     regional trade, investment
                     and other business
                     activities.

                     To activate the ASEAN e-
                     Government Forum,
                     among others, to identify
                     key public services for ICT
                     applications, including
                     capacity building activities

                     Intensify capacity building
                     and training for national
                     Computer Emergency
                     Response Teams (CERTs)
                     and strengthen
                     cooperation and coverage
                     of ASEAN regional cyber-
                     security network.
                     Develop an action plan for
                     MRA and/or Certification of
                     ICT professionals in
                     ASEAN
  Content Industry   Develop action plan for
                     developing ASEAN
                     contents, web services
                     and online application
                     industries.



                                                     30
Strategic Schedule for ASEAN Economic Community

Strategic Approach                                          Priority Actions
                              2008-2009               2010-2011          2012-2013       2014-2015
Energy Cooperation        Ratify/Accept MOU on
                          ASEAN Power Grid (by
    a. ASEAN Power Grid
                          December 2008)
                          Review the 2003 AIMS (by
                          December 2008)
                          Adopt the revised AIMS as
                          an updated reference
                          document (by May 2009)
                          Establish APGCC (by May
                          2008)
                          Approve the TOR (by
                          December 2008)
                          Report the TOR to
                          SOME/AMEM (by July
                          2009)
                          Establish task-groups for
                          relevant studies (by May
                          2009)
                          Implement interconnection
                          projects and report
                          progress to HAPUA
                          Council and SOME/AMEM
                          (2008-2015)
                                                                                     Adopt key findings &
                                                                                     recommendation of the
                                                                                     study and submit to
                                                                                     SOME/AMEM (by 2014)
                                                                                     Firm up the institutional
                                                                                     and implementing
                                                                                     arrangements to realize the
                                                                                     APG (starting 2015)

                                                       31
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                      Priority Actions
                                 2008-2009                    2010-2011                    2012-2013                   2014-2015
       •   Trans-ASEAN Gas   Adopt the Updated TAGP        Formation of model           Adopt business model       Optimise Trans-ASEAN
           Pipeline          Conceptual Master Plan        ASEAN Joint Venture          for ASEAN gas pipeline     Gas Pipelines
                                                           (JV) Gas Pipeline            ownership and operation
                             Adopt legal and regulatory    Company
                             framework for cross-border                                 Develop and implement
                             gas pipeline transportation   Adopt common technical       regional safety and
                                                           standards for                security plan for TAGP
                                                           construction, operation      pipelines and facilities
                                                           and maintenance of
                                                           ASEAN gas pipeline
                                                           projects
B5. Taxation                                               Complete the network of
                                                           bilateral agreements on
                                                           avoidance of double
                                                           taxation among all
                                                           Member Countries by
                                                           2010, to the extent
                                                           possible
B6. E-Commerce               Member Countries to           Update and/or amend                                     A harmonised legal
                             enact their e-commerce        relevant legislations in                                infrastructure for E-
                             laws                          line with regional best                                 Commerce fully in place in
                                                           practices and                                           ASEAN
                                                           regulations in e-
                                                           Commerce activities
                             Implement harmonised          Adopt the best practices/
                             guidelines and principles     guidelines on other
                             for electronic contracting    cyber-law issues (i.e.
                             and online dispute            data privacy, consumer
                             resolution services           protection, IPR, ISP
                                                           liability, etc) to support
                                                           the regional e-commerce
                                                           activities.




                                                                  32
Strategic Schedule for ASEAN Economic Community

   Strategic Approach                                                             Priority Actions
                                        2008-2009                    2010-2011                    2012-2013                   2014-2015
                                    Adopt regional framework      Advancing cross-border
                                    and strategy for the          electronic transactions,
                                    mutual recognition of         through pilot
                                    digital signatures            implementation of
                                                                  mutual recognition of
                                                                  foreign digital signatures
                                    Continued capacity
                                    building and information
                                    sharing for Member
                                    Countries on E-Commerce
                                    legal infrastructure
                                    activities (e.g. PKI,
                                    institutional strengthening
                                    for CAs, etc)

C. Towards a Region of Equitable Economic Development

C1. SME Development
       ASEAN Policy Blueprint for   Established a common          Established a                Established a regional     Established a regional SME
       SME Development              curriculum for                comprehensive SME            programme for the          development fund that
                                    entrepreneurship in           service centre with          promotion of internship    would be used as a
                                    ASEAN                         regional and sub-            scheme for staff           financial source for SMEs
                                                                  regional linkages in         exchanges and visits for   that are undertaking
                                                                  ASEAN Member                 skills training            business in the ASEAN
                                                                  Countries                                               region
                                                                  Established an SME
                                                                  financial facility in each
                                                                  ASEAN Member
                                                                  Country
15. Narrowing the Development       Conduct periodic socio-
    Gaps                            economic studies to
        Initiatives on ASEAN        monitor/evaluate the
        Integration (IAI)           impact of economic
        ASEAN Development Fund      integration
        Sub-region Developments


                                                                         33
ASEAN Economic Community

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ASEAN Economic Community

  • 1. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 A. Towards a Single Market and Production Base A1. Free Flows of Goods Common Effective Preferential Enhance CEPT Tariffs- ASEAN Free Trade Area Agreement (2008) (CEPT-AFTA) Tariffs Reduction Complete the tariff Complete the tariff reduction schedule to 0- reduction schedule to 0- 5% for all IL products for 5% for all IL products for Laos and Myanmar Cambodia (2010);1 (2008);1 Elimination of Tariffs Integrate products outside the CEPT Scheme in accordance to the CEPT Agreement (2008); Eliminate import duties on Eliminate import duties 60% of all IL products on 60% of all IL products except for those phased in except for those phased from SL and HSL for Laos in from SL and HSL for and Myanmar (2008);2 Cambodia (2010); Eliminate import duties on Eliminate import duties Eliminate import duties 80% of all IL products on 80% of all IL products on 80% of all IL products except for those phased in except for those phased except for those phased from SL and HSL for in from SL and HSL for in from SL and HSL for ASEAN 6 (2007); Viet Nam (2010); Laos and Myanmar (2012); Eliminate tariffs on all Eliminate tariffs on all products, except for products, except for those those phased in from the phased in from the SL and SL and HSL, for ASEAN HSL, for CLMV 2015 with 6 (2010); flexibility on some sensitive 1 ASEAN-6 and Viet Nam have completed their tariff reduction schedule in 2003 and 2006 respectively 2 ASEAN-6 and Viet Nam have reached their 60% tariff elimination in 2003 and 2006 respectively. 1
  • 2. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 products up to 2018 Eliminate import duties on Eliminate import duties products in the PIS for on products in the PIS ASEAN-6 (2007); for CLMV (2012); Elimination of duties for 1st Elimination of duties for and 2nd tranche of ICT the 3rd tranche ICT products for CLMV in products for CLMV in accordance to the accordance to the Framework Agreement on Framework Agreement e-ASEAN (2008 for the 1st on e-ASEAN (2010);3 tranche ICT products and 2009 for the 2nd tranche ICT products);3 Reduce tariffs on Reduce tariffs on Complete phase in of the Sensitive List (SL) Sensitive List (SL) remaining products in the products to 0-5% for products to 0-5% for Viet Sensitive List (SL) into the ASEAN-6 (2010); Nam (2013). In the case CEPT Scheme and reduce of sugar Viet Nam shall tariffs on these products to reduce the tariffs to 0- 0-5% ( 2015- Lao PDR 5% by 2010; and Myanmar; 2017- Cambodia) Complete the tariff reduction schedule for Highly Sensitive List (HSL) to the agreed end- rate Elimination of Non-Tariff Abide by the commitment Barriers of a standstill and roll-back on NTBs, effective immediately; 3 ASEAN-6 has completed its tariff reduction for all ICT products in 2005 2
  • 3. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Enhance transparency by abiding to the Protocol on Notification Procedure and setting up an effective Surveillance Mechanism; Eliminate NTBs for Eliminate NTBs for the Eliminate NTBs for CLMV ASEAN 5 (2010) Philippines (2012) (2015) with flexibility to 2018 for some sensitive products Rules of Origin Continuously reform and enhance the CEPT ROO to re4spond to changes in global production processes, including making necessary adjustments such as the introduction of advance rulings and improvements to the ROO (2007); Simplify the Operational Certification Procedures for the CEPT ROO and ensure its continuous enhancement, including the introduction of facilitative processes such as the electronic processing of certificates of origin, and harmonisation or alignment of national procedures to the extent possible (2007); and 3
  • 4. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Review all the ROO implemented by ASEAN Member Countries, individually and collectively, and explore possible cumulation mechanisms, where possible. Trade Facilitation Work Finalisation of the Promote transparency Programme Comprehensive Work and visibility of all Programme on Trade actions and interventions Facilitation by all stakeholders within international trade Assessment of Trade transactions. Facilitation conditions in ASEAN Simplified, harmonised Establish Regional Trade and standardised trade Facilitation mechanism and custom, processes, Promote transparency and procedures and related visibility of all actions and information flows to interventions by all move goods and stakeholders within associated services international trade internationally from seller transactions. to buyer, and to pass payment in opposite Establish ASEAN Trade direction Facilitation Repository ASEAN Criteria for authorised traders Customs Integration Integrate customs structures Strategic Plan of Customs Modernise customs Development techniques, guided by simple and harmonised customs procedures and 4
  • 5. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 formalities through the implementation of regional models of processing of cargoes and shipments (ASEAN Cargo Processing Model and ASEAN Customs Declaration Document in 2007) as committed. Establish ASEAN Customs Transit system to facilitate movement of goods and means of transport. Establish ASEAN Customs systems dealing with special customs regimes such as Temporary Admission, Outward Processing and Inward Processing with the view to facilitate integration of production and supply chains. Modernise tariff classification, customs valuation and origin determination and establish ASEAN e- Customs. 5
  • 6. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Adopt international standards and practices to secure a uniform system of tariff classification, a synchronised system of value assessment for customs purposes and a harmonised system of origin determination (origin conferring), and information exchange, where possible. Smoothen customs clearance Strengthen human resources development Implement ASEAN e- Customs. Promote mutual assistance for better customs efficiency and effectiveness. ASEAN Single Window Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand operationalise their National Single Windows by 2008. ASEAN-4 (Cambodia, Lao PDR, Myanmar and Viet Nam) operationalise their National Single Windows no later than 2012. 6
  • 7. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Implementation of measures of simplifying, harmonising and standardising trade and customs, processes, procedures. Standardisation of data elements based on WCO data model, the WCO data set and United Nation Trade Data Directory (UNTDED) and acceleration of introduction of information, communication and technology (ICT) for digitalised processing and exchange. Application of ICT in all areas related to trade facilitation and customs management are paramount in the ultimate creation of an ASEAN Single Window. Standards and Implement a Single Monitor the Conformance Regulatory Scheme for implementation of the Cosmetic Single Regulatory Scheme for Cosmetics Continue to monitor the The listed Conformity effective Implementation of Assessment Bodies the ASEAN Sectoral MRA under the Sectoral on Electrical and MRAs will be utilised to Electronic Equipment implement the single (EEE) regulatory regime for 7
  • 8. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 EEE Prepare for the Implement a single Monitor the implementation implementation of a single regulatory regime for of the single regulatory regulatory regime for EEE regime for EEE electrical and electronic equipment Implement the ASEAN Monitor the Common Technical implementation of the Dossiers (ACTD) for ACTD. Pharmaceutical and Medical Device Strengthen competency and confidence amongst regulatory authorities in evaluation process Implement harmonised technical requirements for TMHS for identified areas in all Member Countries Monitor the effective implementation of the Sectoral MRA on GMP Inspection for Pharmaceutical Implement harmonised standards and technical regulations Implement the ASEAN Monitor the Common Submission implementation of the Dossier Template (CSDT) CSTD. for Medical Device 8
  • 9. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Strengthen competency and confidence amongst regulatory authorities in evaluation process Develop an ASEAN Harmonise the technical Module for Traditional requirements on TMHS Medicine and Health for identified areas Supplement (TMHS) and identify areas for harmonisation of technical requirements Sign and prepare for the Implement the Sectoral implementation an ASEAN MRA on GMP Inspection Sectoral MRA on Good for Pharmaceutical Manufacturing Practice (GMP) Inspection for Pharmaceutical Establish and implement Monitor the effective Post Market Alert Systems implementation of the for various Sectors Post Marketing Alert System for various sectors Identify and harmonise Continue to harmonise more standards and standards and technical technical regulations for regulations for identified other sectors such as sectors wood-based, rubber- based and automotive etc. 9
  • 10. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Continue to enhance Technical Infrastructure: more testing laboratories and certification bodies to be accredited to relevant international standards and Post Market Surveillance to be strengthened A2. Free Flows of Services Services Liberalisation Remove substantially all Remove substantially all Remove substantially all under AFAS4 restrictions on trade in restrictions on trade in restrictions on trade in services for the 4 priority services for logistics services for all other services sectors (2010) services by 2013. services sectors by 2015. Schedule at least 10 new Schedule at least 15 Schedule at least 20 Schedule at least 20 (2014) sub-sectors (2008) new sub-sectors (2010) new sub-sectors (2012) and 7 (2015) new sub- sectors No restrictions for Modes 1 and 2, with exceptions due to bona fide regulatory reasons (2008) At least 51% foreign equity At least 70% foreign participation for the 4 equity participation for priority services sectors, the 4 priority services (2008) sectors, (2010) At least 49% foreign equity At least 51% foreign At least 70% foreign participation for logistics equity participation for equity participation for services, (2008) logistics services, (2010) logistics services, (2013) 4 The approaches shall be subject to flexibility as provided in the Blueprint 10
  • 11. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 At least 49% foreign equity At least 51% foreign At least 70% foreign equity participation for other equity participation for participation for all services services sectors, (2008). other services sectors, sectors, (2015). (2010); Progressively remove market access limitations for Mode 3 as endorsed by the AEM. Complete the compilation of an inventory of barriers to services by August 2008. Set the parameters of Schedule commitments liberalisation for national according to agreed treatment limitations, Mode parameters for national 4 and limitations in the treatment limitations, horizontal commitments for Mode 4 and limitations in each round (2009) the horizontal commitments set in 2009. Mutual Recognition Complete MRAs currently Identify and develop Full implementation of Arrangements (MRAs) under negotiation, i.e. MRAs for other completed MRAs (2015). architectural services, professional services by accountancy services, 2012 surveying qualifications, medical practitioners, and dental practitioners (2008). Implement the completed MRAs 11
  • 12. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Financial Services Develop the list of “pre- Agree on the list of Develop the list of Substantially remove5 Sector agreed flexibilities” that “pre-agreed “pre-agreed restrictions for the can be maintained by each flexibilities” that can be flexibilities” that can be Insurance, Banking and member country for the maintained by each maintained by each Capital Market sub- sub-sectors identified for member country for member country from sectors by 2015 as liberalisation by 2015 the sub-sectors 2020 identified by member identified for countries in Annex 1. liberalisation by 2015 By 2017, agree on the list of “pre-agreed flexibilities” that can be maintained by each member country from 2020 Substantially remove6 restrictions on trade in services for all remaining sectors by 2020. A3. Free Flows of Investment ASEAN Investment Discuss, negotiate and Agreement (AIA) draft the new ASEAN Comprehensive Investment Agreement (ACIA). Finalise the ACIA to be submitted to the 11th AIA Council. 5 Members may maintain restrictions as negotiated and agreed in the list of “pre-agreed flexibilities” for 2015. 6 Members may maintain restrictions as negotiated and agreed in the list of “pre-agreed flexibilities” for 2020. 12
  • 13. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Liberalisation Commence Phase I of the Complete Phase I of the Complete Phase II of the Complete the Final Phase progressive progressive progressive of the progressive reduction/elimination of reduction/elimination of reduction/elimination of reduction/elimination of investment restrictions and investment restrictions investment restrictions investment restrictions and impediments in 2008. and impediments for and impediments for impediments foreight (8) eight (8) ASEAN eight (8) ASEAN ASEAN Member Countries Member Countries in Member Countries in in 2014 and ASEAN 2 (Lao 2010 and for ASEAN 2 2012 and ASEAN 2 (Lao PDR and Myanmar) in (Lao PDR and Myanmar) PDR and Myanmar) in 2015. in 2011. 2013. Realise free and open investment regime with minimal investment restrictions in 2015. Achieve the harmonisation of investment measures to facilitate movement of investments. Commence Phase II of Commence the Final the progressive Phase of the progressive reduction/elimination of elimination of investment investment restrictions restrictions and and impediments for impediments for eight (8) eight (8) ASEAN ASEAN Member Member Countries in Countries in 2012 and 2010 and for ASEAN 2 for ASEAN 2 (Lao PDR (Lao PDR and Myanmar) and Myanmar) in 2013 in 2011 13
  • 14. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Facilitation Identify international best Commence the adoption Review and assess the Review and assess the practices on investment of applicable impact and effectiveness impact and effectiveness of measures for possible international best of the investment the investment measures adoption by ASEAN. practices on investment measures adopted. adopted. measures. Review and recommend Continue efforts to adopt Achieve the harmonisation applicable international Publish and disseminate applicable international of selected investment best practices for adoption ASEAN Investment best practices on measures to facilitate by ASEAN. Publications: investment measures. movement of investment. Publish and disseminate - ASEAN Investment Publish and disseminate Publish and disseminate ASEAN Investment Report (AIR); ASEAN Investment ASEAN Investment Publications: - Statistics of FDI in Publications: Publications: ASEAN; - ASEAN Investment - ASEAN Investment - ASEAN Investment - Foreign Investors Report (AIR); Report (AIR); Report (AIR); Living in ASEAN; - Statistics of FDI in - Statistics of FDI in - Statistics of FDI in - Directory on Logistics ASEAN; ASEAN; ASEAN; in ASEAN; and - Compendium on - Facts and Figures of - Directory on Electronics; - Development and Investment Measures Doing Business in - Directory on Component Promotion of New and Policies in ASEAN ASEAN (an update). Manufacturers Growth Areas including (Investing in ASEAN Environmental Friendly Guidebook: An Update) Industries - Update Investment Brochure; and - Brochure on Outsourcing Activities / Opportunities in ASEAN Identify and promote Link website on Develop ASEAN Undertake consultation investment opportunities investment between Investment Promotion with business sector to for infrastructure in CLMV ASEAN and Dialogue Video to build up facilitate investment in countries. Partners. image/brand of ASEAN. ASEAN. Complete FDI database Undertake consultation Undertake consultation covering goods and with business sector to with business sector to services sector. facilitate investment in facilitate investment in ASEAN. ASEAN. 14
  • 15. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Enhance networking Organise discussions on among ASEAN Investment key issues of FDI. Promotion Agencies. Undertake consultation with business sector to facilitate investment in ASEAN. Establish database on Industrial Cluster. Promotion Organise two inbound and Organise two inbound Organise two inbound Organise two inbound and two outbound investment and two outbound and two outbound two outbound investment missions. investment missions. investment missions missions. annually. Continue series of ASEAN Promote regional Promote regional investment seminars on clusters and production clusters and production opportunities in CLMV network through ASEAN network through ASEAN countries to be hosted by industrial cooperation industrial cooperation ASEAN-6. initiatives initiatives Protection Organise seminar on Organise seminar on investment protection investment protection and settlement of and settlement of investment disputes investment disputes. A4. Freer Flows of Capital Strengthening ASEAN Capital Achieve greater Market Development and harmonisation in capital Integration market standards in ASEAN in the areas of offering rules for debt securities, disclosure requirements and distribution rules 15
  • 16. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Facilitate mutual recognition arrangement or agreement for the cross recognition of qualification and education and experience of market professionals Achieve greater flexibility in language and governing law requirements for securities issuance Enhance withholding tax structure, where possible, to promote the broadening of investor base in ASEAN debt issuance Facilitate market driven efforts to establish exchange and debt market linkages, including cross- border capital raising activities Allowing greater capital mobility The liberalisation of capital movements is to be guided by the following principles: 1. Ensuring an orderly capital account liberalisation consistent with member countries’ national agenda and readiness of the economy. 2. Allowing adequate safeguards against potential macroeconomic instability and systemic risk that may arise from the liberalisation process, including the right to adopt necessary measures to ensure macroeconomic stability. 3. Ensuring the benefits of liberalisation to be shared by all ASEAN countries. Foreign Direct Investment Assess and identify rules Progressively liberalise, Continue to liberalise, for liberalisation for freer where appropriate and where appropriate and flows of foreign direct possible, the pre possible, any other items 16
  • 17. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 investments which include: identified list of rules for related to: - Direct outward freer flow of foreign - Foreign direct investment direct investments investment - Direct inward investment - Portfolio investments - Liquidation of direct - Other types of capital investment flows To support FDI and to promote capital market development Portfolio Investment 2009-2010: Assess and identify rules for liberalisation for freer flows of portfolio investments, particularly in debts and equity, which include: - Purchase of domestic debt securities and equity by non-residents - Issuance of debt securities and equity by non-residents locally - Repatriation of proceeds arising from portfolio investments - Issuance and/or sale of debt securities and equity abroad by residents - Purchase of debt securities and equity abroad by residents 2011-2013: Progressively liberalise, where appropriate and possible, the rules identified for freer flow of portfolio 17
  • 18. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 investments Other Types of Flows 2011-2012 Assess and identify rules for liberalisation of other types of flows, particularly long-term foreign borrowing and lending Progressively liberalise, where appropriate and possible, the rules identified for other types of flows, particularly long-term foreign borrowing and lending Current Account Transactions Develop financial market Further develop financial Remove and/or relax, Continue to liberalise, to eliminate, where market to eliminate, where appropriate and where appropriate and applicable, the practice of where applicable, the possible, restrictions on possible, any other items dual exchange rate practice of dual repatriation/ surrender related to current account structure. exchange rate structure. requirement transactions Relax the limitation on Adopt Article VIII IMF by foreign exchange ASEAN countries by purchase and other 2011 payments for invisible transactions and current transfers Facilitation Draft/amend legal and regulatory framework, where appropriate and possible, to support changes in rules 18
  • 19. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Strengthen policy dialogue on prudential regulation and supervision, to assist member countries develop a supportive regulatory framework for orderly liberalisation Establish/enhance systems to monitor flows in each member country Country collaboration to harmonise, where possible, policies, statistics and infrastructure related to flows Share with member countries progress on rules liberalised A5. Free Flows of Skilled Labour Complete MRAs for major Develop core professional services, competencies including PIS services (concordance of skills and sectors by 2008 qualifications) for job/occupational skills Develop core required in all services competencies sectors by 2015 (concordance of skills and qualifications) for job/occupational skills required in the priority services sectors by 2009 19
  • 20. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 A6. Priority Integration Sectors Conduct a bi-annual review to monitoring the status, progress and effectiveness of PIS roadmaps amongst ASEAN Member Countries Identify sector-specific projects or initiatives with Country Coordinators through regular dialogues or consultation with stakeholders, particularly the private sector Complete most of the Complete most of the measures identified measures identified under the roadmap of under the roadmap for original 11 priority integration of logistics integration sectors services A7. Food, Agriculture and Forestry Enhance intra- and extra- Develop and apply ASEAN trade and long- fisheries quality term competitiveness of management system that ASEAN’s food, agriculture ensure food safety and and forestry support competitive products/commodities. position of ASEAN fisheries products on world markets through the implementation, validation, verification of Hazard Analysis Critical Control Point (HACCP)-based systems and improved laboratories practices, and 20
  • 21. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 adapting quality and safety management systems so that they may be applied to small enterprises in ASEAN by 2009 Establish Good Agriculture / Aquaculture Practices (GAP), Good Animal Husbandry Practices (GAHP), Good Hygiene Practices (GHP), Good Manufacturing Practices (GMP), and Hazard Analysis Critical Control Point (HACCP) based systems; for agricultural and food products with significant trade / trade potential by 2012 Harmonise the Sanitary and Phytosanitary quarantine and (SPS) measures for inspection/sampling agricultural, food and procedure by 2010 forestry products with significant trade / trade potential by 2015 Harmonise the Maximum Residue Limits (MRLs) of commonly used pesticides for widely traded crop products in accordance with international standards/guidelines, where applicable, by 2010 21
  • 22. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Harmonise the regulatory framework for agricultural products derived from modern biotechnology by 2015 Harmonise the safety and quality standards for horticultural produce and agricultural products of economic importance in the ASEAN region by 2015 Harmonise guidelines for Harmonise the animal (both the use of chemicals in terrestrial and aquatic aquaculture and measures animals) health control for to eliminate the use of safety of food of animal harmful chemicals by 2009 origin through a common bio-security management standards scheme by 2015 Define legality standard of Field testing on the Develop a regional timber by 2008. Implementation of the reference framework on Guideline by 2010. phased-approach to forest Finalised draft Guideline Capacity building certification by 2015 on Phased-approach to activities for the Forest Certification by implementation of the 2009. Guideline at national level during 2010 - 2011 Promote cooperation, joint Develop joint strategies / approaches and technology positions on issues of transfer with international, related interest to ASEAN regional organisations and with international private sector organisations such as 22
  • 23. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 WTO, FAO, OIE, IPPC, CODEX, CITES and dialogue partners Promote collaborative research and technology transfer in agriculture, food and forestry products Establish strategic alliances and joint approaches with the private sectors in promoting food safety, investment and joint venture opportunities, promotion of agricultural products and market access Strengthen efforts to combat illegal logging and its associated trade, forest fire and its resultant effects Strengthen efforts to combat illegal fishing Promote ASEAN Strengthen strategic agricultural cooperatives as alliance between a means to empower and agricultural cooperatives in enhance market access of ASEAN through bilateral, agricultural products, to regional and multilateral build a network mechanism cooperation linking agricultural cooperatives, and to fulfil the purpose of agricultural cooperatives for the benefit of farmers in the region 23
  • 24. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Establish business linkages among the potential agricultural cooperatives within ASEAN Promote direct investment and strategic partnership with ASEAN agricultural cooperatives producers, consumers, and traders B. Towards a Highly Competitive Economic Region B1. Competition Policy Building capacity and Carrying out a foundation- Drawing up a regional introduction and/or laying study, review of work plan on adoption of best practices study findings and Competition Policy and for introducing competition recommendations, and Law with special focus: policy convening a regional capacity building and the meeting on study findings introduction of best and recommendations. practices for introducing competition policy. Exploring funding opportunities for the implementation of selected elements of the work plan in line with the strategic schedules of AEC building. B3. Intellectual Property Rights Intellectual Property Rights Studies to be carried out on: Completion of studies To enhance the Outcome: Action Plan One, the contribution of carried out in competitiveness of 24
  • 25. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 the copyright system to the collaboration with copyright industries in Effective use of copyright economic development. dialogue partners and the economies of the system follow-up activities ASEAN region Two, the implications of Establishment of collective copyright system to the To set a common goal to To develop online management societies in economy. be attained so as to access to copyright all ASEAN countries facilitate the notifications, where Three, the best utilisation development of available by various countries of copyright-based flexibilities (limitations and industries in ASEAN exemptions) available from Member Countries various IP agreements including the FTAs. Four, collective management societies and copyright tribunals. Collecting of country Formation of national Operation of national Outcome: reports on business and regional on-line and regional on-line BDS development services BDS networks networks (BDS) An improved ASEAN BDS Evaluate the use of the network regional online BDS network. Capacity building in collaboration with dialogue partners and among AMCs. Agreement on a suitable Amendment of laws and Capacity building for IPO Implementation of the model procedures in each AMC officers in AMCs. ASEAN filing system for design Study on the impact of Amendments of laws Implementation of the accession to Madrid and regulations for Madrid Protocol Protocol accession, as needed. 25
  • 26. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 On-going consultations and information exchanges on IPR protection among national enforcement agencies Identification of national Identification of national Capacity building Establishment of national TK, GR and CTE and TK, GR and CTE and and regional database on collecting inventory collecting inventory TK, GR and CTE B4. Infrastructure Development Transport Action Plan - Singapore-Kunming Rail Completion of Poipet- Link (SKRL) Sisophon Rail Link (2009) - Road Safety Requirements Implementation of the Member Countries to ASEAN five-year develop ASEAN Regional Road Safety standard measures for Action Plan. road safety. ASEAN Framework Member Countries have At least two Member ASEAN-wide Agreement on Multimodal enacted necessary Countries implementing implementation of the Transport domestic legislations to put the ASEAN Framework ASEAN Framework into effect the ASEAN Agreement on Agreement on Framework Agreement on Multimodal Transport. Multimodal Transport Multimodal Transport (i.e. to allow Multimodal Transport Operators from other AMCs to operate in their respective territory.) 26
  • 27. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 ASEAN Framework Implement the ASEAN Conclude and sign Full implementation of the Agreement on the Framework Agreement on Protocol 6 (Railway ASEAN Framework Facilitation of Goods in the Facilitation of Goods in Borders and Interchange Agreement on the Transit (AFAFGIT) Transit (AFAFGIT) for Stations) of the ASEAN Facilitation of Goods in Road Transport FAGIT. Transit ( for Road and Rail Operations contingent on Transport Operations) the speedy conclusion of Protocol 2 (Frontier Ports) and Protocol 7 (Customs Transit). Completion of road Installation of the construction / improvement harmonised Route of below Class III road Numbering signs in the sections of the designated designated Transit Transit Transport Routes Transport Routes of Protocol 1 of the (TTRs) under Protocol 1 ASEAN Highway Network, of the ASEAN i.e., Poipet – Sisophon Framework Agreement (48km) and Kratie Stung on Facilitation of Goods Treng (198km). in Transit. ASEAN Framework Conclude and adopt final Start implementation of Full implementation of the Agreement on the text of the ASEAN the ASEAN Framework ASEAN Framework Facilitation of Inter-State Framework Agreement on Agreement on the Agreement on the Transport (FAIST) the Facilitation of Inter- Facilitation of Inter-State Facilitation of Inter-State State Transport (FAIST) Transport (2010) Transport Conclude and sign the Implementation of ASEAN Multilateral ASEAN Multilateral Agreement on the Full Agreement on the Full Liberalisation of Air Freight Liberalisation of Air Services (2008) Freight Services (in accordance with the Air Travel Roadmap) 27
  • 28. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Roadmaps for Integration Implement the ASEAN of Air Travel Sector Multilateral Agreement on (RIATS) the Full Liberalisation of Air Freight Services (2008) Conclude and sign ASEAN Multilateral Agreement on the Full Liberalisation of Air Services (2008) Implement the ASEAN Implement the ASEAN ASEAN-wide Multilateral Agreement on Multilateral Agreement implementation of the Air Services (in on Air Services (in ASEAN Multilateral accordance with the Air accordance with the Air Agreement on Air Travel Roadmap) Travel Roadmap) Services (in accordance with the Air Travel Roadmap) Adopt concept and Finalise the Implement the ASEAN enabling framework for implementation Single Aviation ASEAN Single Aviation arrangement /agreement “agreement Market to pave way for the on the ASEAN Single /arrangement”. regional open-sky Aviation Market by 2015. arrangement (2008) Develop the ASEAN-wide implementation Implementation of the arrangement /agreement ASEAN Single Aviation on the ASEAN Single “agreement /arrangement”. Aviation Market (which will be implemented by 2015). Roadmap towards an Develop strategies for a Implement the Maritime Implement the Maritime Review the Maritime Integrated and Competitive ASEAN Single Shipping Transport Roadmap Transport Roadmap Transport Roadmap for the Maritime Transport in Market next 3-5 years. ASEAN, which promotes and strengthens intra- ASEAN shipping market 28
  • 29. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 and services. Information Infrastructure Implement the ASEAN ASEAN-wide Telecommunications implementation of the - Brunei Plan Action of ICT Regulators Council ASEAN MRA on - ICT Focus (ATRC) Mutual conformity assessment Recognition Arrangement for telecommunication (MRA) on conformity equipment assessment for telecommunication equipment Promote and deepen Implement regional policy and regulatory measures to extend measures to deal with the connectivity, capacity opportunities and and access in and challenges in the area of between member Next Generation Networks countries via high speed (including issue on network between broadband penetration and national information communications in rural infrastructures areas, etc) Enable the interoperability of products/ services, information systems and networks, in a convergence environment. 29
  • 30. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Develop a general framework or guidelines for coordinated ASEAN e- government programs for efficient delivery of public services, and to facilitate regional trade, investment and other business activities. To activate the ASEAN e- Government Forum, among others, to identify key public services for ICT applications, including capacity building activities Intensify capacity building and training for national Computer Emergency Response Teams (CERTs) and strengthen cooperation and coverage of ASEAN regional cyber- security network. Develop an action plan for MRA and/or Certification of ICT professionals in ASEAN Content Industry Develop action plan for developing ASEAN contents, web services and online application industries. 30
  • 31. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Energy Cooperation Ratify/Accept MOU on ASEAN Power Grid (by a. ASEAN Power Grid December 2008) Review the 2003 AIMS (by December 2008) Adopt the revised AIMS as an updated reference document (by May 2009) Establish APGCC (by May 2008) Approve the TOR (by December 2008) Report the TOR to SOME/AMEM (by July 2009) Establish task-groups for relevant studies (by May 2009) Implement interconnection projects and report progress to HAPUA Council and SOME/AMEM (2008-2015) Adopt key findings & recommendation of the study and submit to SOME/AMEM (by 2014) Firm up the institutional and implementing arrangements to realize the APG (starting 2015) 31
  • 32. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 • Trans-ASEAN Gas Adopt the Updated TAGP Formation of model Adopt business model Optimise Trans-ASEAN Pipeline Conceptual Master Plan ASEAN Joint Venture for ASEAN gas pipeline Gas Pipelines (JV) Gas Pipeline ownership and operation Adopt legal and regulatory Company framework for cross-border Develop and implement gas pipeline transportation Adopt common technical regional safety and standards for security plan for TAGP construction, operation pipelines and facilities and maintenance of ASEAN gas pipeline projects B5. Taxation Complete the network of bilateral agreements on avoidance of double taxation among all Member Countries by 2010, to the extent possible B6. E-Commerce Member Countries to Update and/or amend A harmonised legal enact their e-commerce relevant legislations in infrastructure for E- laws line with regional best Commerce fully in place in practices and ASEAN regulations in e- Commerce activities Implement harmonised Adopt the best practices/ guidelines and principles guidelines on other for electronic contracting cyber-law issues (i.e. and online dispute data privacy, consumer resolution services protection, IPR, ISP liability, etc) to support the regional e-commerce activities. 32
  • 33. Strategic Schedule for ASEAN Economic Community Strategic Approach Priority Actions 2008-2009 2010-2011 2012-2013 2014-2015 Adopt regional framework Advancing cross-border and strategy for the electronic transactions, mutual recognition of through pilot digital signatures implementation of mutual recognition of foreign digital signatures Continued capacity building and information sharing for Member Countries on E-Commerce legal infrastructure activities (e.g. PKI, institutional strengthening for CAs, etc) C. Towards a Region of Equitable Economic Development C1. SME Development ASEAN Policy Blueprint for Established a common Established a Established a regional Established a regional SME SME Development curriculum for comprehensive SME programme for the development fund that entrepreneurship in service centre with promotion of internship would be used as a ASEAN regional and sub- scheme for staff financial source for SMEs regional linkages in exchanges and visits for that are undertaking ASEAN Member skills training business in the ASEAN Countries region Established an SME financial facility in each ASEAN Member Country 15. Narrowing the Development Conduct periodic socio- Gaps economic studies to Initiatives on ASEAN monitor/evaluate the Integration (IAI) impact of economic ASEAN Development Fund integration Sub-region Developments 33