Supplemental Agreement Singapore
CONSIDERING that Article V, paragraph 3, provides that treaty changes can be made to the agreement; and “1. If an application to manufacture an AIJV product has been approved by a participating country and has been properly informed, all participating countries extend a minimum margin of preference of 75% (75%) AIJV product within 90 (90) days after its commercial production. The parties intend to make some changes to the agreement. IN WITNESS WHEREOF were signed by the signatories duly authorized by their respective governments. CONSIDERING, Brunei Darussalam has since signed the basic agreement on ASEAN industrial joint ventures (BAAIJV) and the additional agreement to BAAIJV; and “7. Approval of the final list by the MEA involves the prior commitment of at least 75% (75%) to prolong. Tariff preferences for AIJV products covered by Article III, paragraphs 1 and 6, of AIJV products.” (1) At least fifty per cent (50%) The preferential margins preferred to Article 1, paragraph 7, and Article III, paragraph 1, of the agreement are amended to at least 75% (75%) Tariff preferences. The amended version of Article I, paragraph 7, and Article III, paragraph 1, of the agreement is as follows: the governments of the Republic of Indonesia, Malaysia, the Republic of the Philippines, the Republic of Singapore and the Kingdom of Thailand signed the ASEAN Industrial Joint Ventures Basic Agreement (BAAIJV) on 7 November 1983; and (2) that the additional agreement will enter into force on the date it obtains the agreement of the contracting parties. DONE in Singapore in the English language – this sixteenth June 1987.