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December 15, 1997


PROTOCOL TO IMPLEMENT THE INITIAL PACKAGE OF COMMITMENTS UNDER THE ASEAN FRAMEWORK AGREEMENT ON SERVICES

O. SERVICES

The Governments of Brunei Darussalam, the Republic of Indonesia, Lao People's Democratic Republic, Malaysia, Union of Myanmar, the Republic of the Philippines, the Republic of Singapore, the Kingdom of Thailand and the Socialist Republic of Viet Nam, Member States of the Association of Southeast Asian Nations {hereinafter referred to as "ASEAN");

RECALLING the ASEAN Framework Agreement on Services signed on 15 December 1995 in Bangkok, Thailand;

HAVING carried out negotiations pursuant to Article IV of the ASEAN Framework Agreement on Services;

HAVING reached an initial package of commitments;

HAVING achieved commitments which are beyond those inscribed in each Member State's schedule of specific commitments under the General Agreement on Trade in Services or which are at least as favourable as existing service regimes, for which Member States shall accord preferential treatment to one another on a Most-Favoured Nation basis;

DESIRING to set out in a schedule, the specific commitment that each Member State shall undertake;

Have Agreed as Follows:

1. Member States shall extend to other Member States preferential treatment in services as set forth in the Schedules of Specific Commitments annexed to this Protocol.

2. The Annexes to this Protocol shall consist of the Schedules of Specific Commitments and the Lists of Most-Favoured Nation Exemptions.

3. This Protocol and its Annexes shall form an integral part of the ASEAN Framework Agreement on Services.

4. This Protocol shall enter into force upon the deposit of instruments of ratification or acceptance by all signatory governments with the Secretary-General of ASEAN which shall be done not later than 31 March 1998.

5. This Protocol shall be deposited with the Secretary-General of ASEAN who shall promptly furnish a certified copy thereof to each Member State. The Secretary-General of ASEAN shall also promptly furnish notifications of ratifications and acceptances made pursuant to paragraph 4 to each Member State.

IN WITNESS WHEREOF, the undersigned, being duly authorised thereto by their respective Governments, have signed the Protocol to Implement the Initial Package of Commitments under the ASEAN Framework Agreement on Services.

DONE at Kuala Lumpur, Malaysia, on the Fifteenth day of December in the year One Thousand Nine Hundred and Ninety-Seven, in a single copy in the English language.

For the Government of Brunei Darussalam

(Sgd.) PEHIN DATO ABDUL RAHMAN TAIB
Minister of Industry and Primary Resources

For the Government of the Republic of Indonesia

(Sgd.) HARTARTO SASTROSOENARTO
Coordinating Minister for Production and Distribution

For the Government of the Lao People's Democratic Republic

(Sgd.) SOULIVONG DARAVONG
Minister of Industry and Handicraft

For the Government of Malaysia

(Sgd.) DATO' SERI RAFIDAH AZIZ
Minister of International Trade and Industry

For the Government of the Union of Myanmar

(Sgd.) BRIGADIER GENERAL DAVID O. ABEL
Minister for National Planning and Economic
Development

For the Government of the Republic of the Philippines

(Sgd.) CESAR B. BAUTISTA
Secretary of Trade and Industry

For the Government of the Republic of Singapore

(Sgd.) LEE YOCK SUAN
Minister for Trade and Industry

For the Government of the Kingdom of Thailand

(Sgd.) SUPACHAI PANITCHPAKDI
Deputy Prime Minister and Minister of Commerce

For the Government of the Socialist Republic of Viet Nam

(Sgd.) TRUONG DINH TUYEN
Minister of Trade



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