Investment Agreements

Investment Agreements

Regional Agreements with Investment Provisions

Myanmar is a member of the following regional agreements with investment provisions:

  1. Cooperation Agreement between Member Countries of ASEAN and European Community (1980)
  2. Framework Agreement on Comprehensive Economic Co-operation between the People’s Republic of China and the Association of Southeast Asian Nations (2002)
  3. Framework Agreement on Comprehensive Economic Co-operation between the Association of Southeast Asian Nations and the Republic of India (2003)
  4. Framework Agreement on the BIMSTEC Free Trade Area (2004)
  5. Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (2005)
  6. Trade and Investment Framework Arrangement between the United States of America and the Association of Southeast Asian Nations (2006)
  7. Agreement on Comprehensive Economic Cooperation Among Japan and Member States of the Association of Southeast Asian Nations (2008)
  8. ASEAN Comprehensive Investment Agreement (ACIA) (2009)
  9. Agreement Establishing the ASEAN – Australia - New Zealand Free Trade Area (2009)
  10. Agreement on Investment under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (2009)
  11. Agreement on Investment of the Framework Agreement on Comprehensive Economic Co-operation between thePeople’s Republic of China and the Association of Southeast Asian Nations (2009)
  12. Agreement on Investment under the Framework Agreement on Comprehensive Economic Co-operation between the Association of Southeast Asian Nations and the Republic of India (2014)
  13. Agreement on Investment among the Governments of the Hong Kong Special Administration Region of the People’s Republic of China and the Member States of the Association of Southeast Asian Nations (2017)
  14. Regional Comprehensive Economic Partnership Agreement (2020)

 

 

ASEAN Comprehensive Investment Agreement (ACIA)

WHAT IS THE ACIA ABOUT?

The ASEAN Comprehensive Investment Agreement (ACIA) came into effect on 29 March 2012 and was signed by ten ASEAN member states. Its objective is to support a free, open, transparent and integrated investment regime in the Association of Southeast Asian Nations (ASEAN) region, in line with the goal of achieving an ASEAN Economic Community by 2015. Furthermore, it is designed to support increasing intra-ASEAN investments and to enhance ASEAN's competitiveness in attracting inward investments into ASEAN to achieve economic integration under AEC in accordance with the AEC Blueprint.

What is myanmar's role in the acia?

Myanmar, as a member state of ASEAN and part of the ACIA, is partnering with the other ASEAN members to implement the four pillars of ACIA:

For further information, please refer to the official website of ASEAN and the Guidebook for Businesses and Investors.

 

Free Trade Agreements (FTAs) with Myanmar

Myanmar has signed regional Free Trade Agreements (FTAs) with: 

  • China (ASEAN – China in 2002) - Came into force 1 January 2010
  • Korea (ASEAN – Korea in 2009) - Came into force 1 January 2010
  • Australia/New Zealand (ASEAN - Australia/New Zealand in 2009) - Came into force 1 January 2010
  • India (ASEAN – India in 2009) - Came into force 1 January 2010

Bilateral Investment Treaties (BITs) with Myanmar 

Currently, Myanmar has ten Bilateral Investment Treaties (BITs) - including: 

Singapore 2019 Agreement between the Government of the Republic of Singapore and the Government of the Republic of the Union of Myanmar on the Promotion and Protection of Investments
Israel 2014 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the State of Israel for the Reciprocal Promotion and Protection of Investments
Republic of Korea 2014 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Republic of Korea for the Promotion and Protection of Investments
Japan 2013 Agreement between the Government of the Republic of the Union of Myanmar and the Government of Japan for the Liberalization, Promotion and Protection of Investment
Thailand 2008 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Kingdom of Thailand for the Promotion and Protection of Investments
Kuwait 2008 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the State of Kuwait for the Encouragement and Reciprocal Protection of Investments
Laos 2003 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Lao People's Democratic Republic for the Promotion and Reciprocal Protection of Investments
China 2001 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the People's Republic of China on the Promotion and Protection of Investments
Vietnam 2000 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Socialist Republic of Vietnam for the Promotion and Reciprocal Protection of Investments
Phillipines 1998 Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Republic of Philippines for the Promotion and Reciprocal Protection of Investments
 

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