Presidential Regulation No. 4 of 2004 on Ratification of Protocol to Amend the ASEAN Framework Agreement on Services

Country :

Indonesia

Year :

2004

Status :

Implemented

  • This regulation ratifies the Protocol to Amend the ASEAN Framework Agreement on Services (AFAS), signed in Phnom Penh, Cambodia, on 2 September 2003, as a result of negotiations among ASEAN member states. The protocol introduces a new article (Article IV bis) allowing two or more ASEAN countries to negotiate and accelerate liberalization in specific service sectors or subsectors, with voluntary extension of benefits to other member states.
  • Legally binding
  • Effective since: 20 December 2004.
  • Relevance to AIPA Resolution on Improving Institutional Capacity to Promote Transport Connectivity in the ASEAN Region:
    • Point 2: Enhances the role of ASEAN coordinating bodies by enabling flexible, sectoral negotiations and harmonisation of regulations in the services sector, including transport.
    • Point 5: Strengthens institutional frameworks and legislative mechanisms to foster regional connectivity by providing a legal basis for accelerated liberalisation, investment, and cooperation in transport and related services.
    • Point 9: Supports the establishment of a harmonised database and standards for services, facilitating the revision and harmonisation of rules across ASEAN.
  • This regulation is fundamental for Indonesia’s commitment to ASEAN economic integration, including the transport sector, by strengthening the institutional and legal foundation for progressive liberalisation, regulatory harmonisation, and cross-border cooperation in services.
  • National Laws
  • AIPA Resolutions
  • Legal Instrument
  • Economic