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7.8 ASEAN – EU
7.8.1 Trans-Regional EU-ASEAN Trade Initiative TREATI
107. The Meeting considered Thailand’s non-paper on the ASEAN-EU TREATI Cooperation on Investment, which appears as ANNEX 48. The Meeting noted the paper
and agreed that this be submitted to EU, through the Country Coordinator Viet Nam. 108.
Viet Nam expressed her concern over the slow progress in the implementation of the TREATI despite the mandate from the Ministers to expand and broaden the coverage of the
TREATI. Brunei observed that one of the reasons for this is the reactive attitude towards the projectsactivities proposed by EU that ASEAN sectoral bodies have taken over time.
109.
The Meeting agreed that the ASEAN sectoral bodies, even those outside the purview of SEOM, should be asked to play a proactive role in identifying projectsactivities under the
TREATI. Noting further that the Ministers have identified four priority areas for TREATI and that these areas are among the sectors identified by ASEAN for priority integration, the
Meeting agreed that the concerned Country Coordinators should also consider and submit recommendations on how ASEAN could take advantage of the TREATI in facilitating and
advancing ASEAN integration in their respective sectors.
7.8.2 Vision Group on ASEAN-EU FTA
110. Viet Nam briefed the Meeting on the outcome of the Inaugural Meeting of the ASEAN-EU Vision Group held in Hanoi on 21-22 July 2005. The progress report of the
ASEAN-EU Vision Group, which includes the Terms of Reference not only for the ASEAN- EU Vision Group but also for the conduct of the two supporting studies, appears as ANNEX
49. 111. The Meeting noted that Cambodia’s proposal to include consideration for additional
benefits to less-developed ASEAN members to enable them to join possible ASEAN-EU FTA engagement in the future has been supported by the Vision Group and has been
incorporated in the TOR for the studies. 112. On the issue of the funding for the Vision Group meetings, which appeared in
square-brackets in paragraph 7 of the TOR of the Vision Group, the Meeting agreed to adopt Option 2, i.e. Member Countries fund their participation to the Vision Group meetings.
113. The Meeting noted the intention of the Vision Group to have its second meeting in November in order to consider the preliminary result of the studies. In this regard, the
Meeting requested Myanmar to nominate her officials to participate in the study as soon as possible. The Meeting further agreed that ASEAN shall have a caucus meeting before each
Vision Group meeting. 114.
The Meeting further noted that EU Trade Commissioner Peter Mandelson had invited AEM for consultations at the sidelines of the ASEM EMM-6 in Rotterdam on 16-17
September 2005.
7.9 ASEAN - US
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