The ASEAN-Japan Comprehensive Economic Partnership (AJCEP) was signed in April 2008. AJCEP shows a effective and intensive cooperation between a regional organisation in Southeast Asia – ASEAN and a developed country – Japan. This Agreement consists of trade in goods, trade in services, investment, and economic cooperation. Major provisions govern elimination of tariff rates on tariff lines and trade value for goods in the Normal Track, Rules of Origin (ROO) which allows regional cumulation of inputs, Dispute settlement mechanism, Trade in services agreement (currently being negotiated), Investment agreement (currently being negotiated).
For the full text of the AJCEP, please click here: