The Association of Southeast Asian Nations has launched the ASEAN Comprehensive Investment Agreement: A Guidebook for Businesses and Investors (ACIA Guidebook).

The guidebook is the ASEAN investment legal instrument that entered into force last year to replace the Framework Agreement on the ASEAN Investment Area and the ASEAN Agreement for the Promotion and Protection of Investments and their respective amending protocols.

The paper aims to further enhance regional integration leading to the ASEAN Economic Community by 2015.

The ACIA Guidebook was launched at a forum on the “ASEAN Comprehensive Investment Agreement: Transforming Investment in ASEAN through ACIA” on March 21 in Kuala Lumpur, Malaysia.

Nearly 250 people from the business sector attended the launch, including ASEAN government officials, the diplomatic community based in Kuala Lumpur, international organizations, academia, and the media.

The guidebook can be downloaded here.

You May Also Like

Incoming BOC chief faces gargantuan task

THE customs commissioner of the incoming administration will have a tough time meeting revenue targets given the current economic conditions, according to outgoing Customs…

Opportunities abound for logistics investors in a resurgent PH economy

Despite the global economic slowdown and volatile market conditions, economists are bullish on the prospects of the Philippine economy in 2013. The Bangko Sentral…

BIR, BOC agree to share data electronically

The Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) have agreed to enhance electronic exchange of information that will translate to cost…

Ocean freight rates up 26% as carriers cut down on services

Spot freight rates have inched up across all routes, but some lanes remain priced below up to half of the average over the last…