The Government of  the Republic of  India  (India) and  the Governments of Brunei Darussalam, the Kingdom of Cambodia (Cambodia), the Republic of Indonesia (Indonesia), the  Lao  People’s Democratic Republic  (Lao PDR), Malaysia, the  Union  of  Myanmar  (Myanmar), the Republic of the Philippines (the Philippines), the Republic of Singapore (Singapore), the Kingdom of Thailand (Thailand) and the Socialist Republic of Viet Nam (Viet Nam), Member States of the Association of Southeast Asian Nations (collectively, “ASEAN” or “ASEAN MemberStates”, or individually, “ASEAN Member State”),

 

RECALLING the Framework Agreement on Comprehensive Economic  Cooperation between the Republic of India and the Association of Southeast  Asian Nations, signed by the Headsof Government/State of India and the ASEAN Member States in Bali, Indonesia on 8 October 2003 and the Protocol to Amend the Framework Agreement on Comprehensive Economic Cooperation between the Republic of India and the Association of Southeast Asian Nations, signed in [venue] on [date];

 

RECALLING FURTHER Articles 2 and 4 of the Protocol to AmendtheFramework Agreement on Comprehensive Economic  Cooperation between the Republic of India and the Association of Southeast Asian Nations which reflect the commitment of  India and ASEAN to establish the ASEAN- India Free Trade Area covering  trade in goods by 2013 for Brunei Darussalam, Indonesia, Malaysia, Singapore and Thailand and India; by 2018 for the Philippines and India; and by 2013 for India and by 2018 for Cambodia, Lao PDR, Myanmar and Viet Nam;

 

REITERATING  the  importance  of  special  and  differential treatment to  ensure the increasing participation of the new ASEAN Member States in economic integration and cooperation activities between India and ASEAN;

 

REAFFIRMING  the  Parties’  commitment  to  establish  the ASEAN-India  Free  Trade  Area  while  allowing  flexibility  to Parties to address their  sensitive  areas as provided in the Framework Agreement;

 

HAVE AGREED as follows: