JAPANASEAN INTEGRATION FUND JAIF Background 9 th ASEANJapan

JAPAN-ASEAN INTEGRATION FUND (JAIF)

Background 9 th ASEAN-Japan Summit (2005) n Japan committed to provide fresh financial assistance to support ASEAN Integration through ASEAN Development Fund and ASEAN Cooperation Funds n In March 2006, Japan and ASEAN signed the establishment of JAIF n

Purpose of JAIF n n n To support efforts of AMC to pursue comprehensive integration To support the establishment of ASC, AEC and ASCC, with particular emphasis on narrowing development gaps To promote cooperation between Japan and ASEAN To support operations of regional/subregional organisations To perform other activities considered appropriate by Japan and ASEAN

JAIF Committee n n Composed of representatives from ASEAN side (one from each current and next ASEAN country coordinators for Japan), one from Japan side, and the Sec-Gen of ASEAN In charge of the operation of JAIF, establishment of guidelines for annual programme, and review the implementation of JAIF activities Meet at least twice every year (January and June) Presided over by the Sec-Gen of ASEAN

Requirement n Each project proposal has to include all necessary details decided by Committee, with estimated expense, and be submitted to the ASEAN Secretariat at least one month prior to the Committee meeting held in or before June

Project Funding Categories under JAIF n n n General Guidelines Mines and Unexploded Ordnance Mekong River Commission ASEAN-Japan Comprehensive Economic Partnership (AJCEP) est. March 2007 East Asia Youth Exchange Programme est. March 2007