Association of South East Asian Nations - ASEAN

The objectives of this Agreement are to:-

• Strengthen and enhance economic, trade and investment co-operation between the Parties.
• Progressively liberalize and promote trade in goods and services as well as create a transparent, liberal and facilitative investment regime.
• Explore new areas and develop appropriate measures for closer economic co-operation between the Parties.
  
• Facilitate the more effective economic integration of the new ASEAN Member States and bridge the development gap among the Parties.
  

The areas of economic cooperation are:-

• Trade Facilitation
• Mutual Recognition Arrangements, conformity assessment, accreditation procedures, and standards and technical regulations
• Non-tariff measures
• Customs cooperation
• Trade financing
• Business visa and travel facilitation.
  

Sectors of Cooperation

• Agriculture, fisheries and forestry
  
• Services:- media and entertainment, health, financial, tourism, construction, business process outsourcing, environmental
  
•  Mining and energy:- oil  and natural gas, power generation and supply
  
•  Science and technology:- information and communications technology, electronic-commerce, biotechnology
  
•  Transport and infrastructure:- transport and communication
  
• Manufacturing:- automotive, drugs and  pharmaceuticals, textiles, petrochemicals, garments, food processing, leather goods, light engineering goods, gems and jewelery processing
  
• Human resource development:- capacity building, education, technology transfer
  
• Others:- handicrafts, small and medium enterprises, competition policy, Mekong Basin Development, intellectual property rights, government procurement.
  

Trade and Investment Promotion

• Fairs and exhibitions
• SEAN-India web links
  
• Business sector dialogues