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Summary of Treaty


GENERAL DATA
Official Title Cooperation Agreement between the European Economic Community and Indonesia, Malaysia, the Philippines, Singapore and Thailand - member countries of the Association of South-East Asian Nations - Protocol concerning Article 1 of the Agreement
Type of Agreement Multilateral
Place of Signature Kuala Lumpur
Date of Signature 07/03/1980
Date of Entry Into Force 01/10/1980
Duration Indefinite
Objective of Agreement To develop commercial, economic and development cooperation between the Parties of the Agreement.
Remarks The ASEAN countries as a whole represent the fourth largest trading partner of the Member States of the European Community in terms of imports and exports. Between 1980 and 2000, trade increased by 33% per annum, rising from EUR 14 billion in 1980 to EUR 105 billion by 2000. Framework agreement for commercial, economic and development cooperation. Contains most-favoured-nation clause. Under the heading of commercial cooperation, the parties undertake to study ways and means of overcoming trade barriers, easing access to the markets of both regions, establishing new trade patterns by bringing together economic operators, recommending trade promotion measures and consulting each other on measures which could affect trade. The Committee recently modified its trade promotion policy to encourage measures at regional level. In the field of economic cooperation they undertake to foster contacts and industrial and technological cooperation between firms in the two regions. Development cooperation: the parties undertake to work for the development of ASEAN and increased regional cooperation through Community programmes for ALA developing countries, in coordination with the Member States (around 20% of total aid to the ALA developing countries). Efforts will be made in the sphere of development and industrial cooperation. A Protocol signed on 15 November 1984 (see OJ L 81/85) stipulates (Article 2) that the provisions of the Agreement and the Protocol relating to Article 1 shall also apply to Brunei Darussalam, as the ASEAN states had requested that the Agreement be extended to include the organisation's sixth member.
Relation and Association with Other Agreements -Protocol on the extension of the cooperation agreement between the European Community and the member countries of ASEAN to the Socialist Republic of Vietnam
-Protocol on the extension of the Cooperation Agreement between the European Community and the member countries of ASEAN to the Kingdom of Cambodia
OJ Reference L144, 10/06/1980, p. 2
Nature of Agreement Interregional Framework Cooperation Agreement
Contracting Parties European Economic Community, Indonesia, Malaysia, Philippines, Singapore, Thailand
Authentic Texts Danish, Dutch, English, French, German, Italian
Subject Matters Asean
External Relations
cooperation agreement
development aid
economic cooperation
trade cooperation
Management Joint Cooperation Committee
Other Links http://ec.europa.eu/comm/external_relations/asean/intro/index.htm
EU PARTICIPATION
Date of Signature 07/03/1980
Conclusion Date 10/06/1980
Ratification Status NOT
Conclusion Decision Council Regulation of 30 May 1980 concerning the conclusion of the Cooperation Agreement between the European Economic Community and Indonesia, Malaysia, the Philippines, Singapore and Thailand - member countries of the Association of the South-East Asian Nations; OJ L 144 of the 10/06/1980 p. 1
Date of Entry Into Force 01/10/1980
Competence Exclusive
Legal Basis Treaty EEC: Article 235
Treaty EEC: Article 113



Last Update :   13/06/2012