Part I. ANALYTICAL STUDIES OF ASEAN-JAPAN COMPREHENSIVE ECONOMIC PARTNERSHIP : 1 Japan-ASEAN Comprehensive Economic Partnership: A Japanese Perspective

ASEAN Economic Ministers and Minister of Economy, Trade, and Industry of Japan (AEM-METI) met in Brunei and jointly recommended that the leaders "commence consideration of a framework that would provide a basis for concrete plans and elements towards realizing the JACEP in accordance with its guiding principles, such as the comprehensiveness of countries and sectors," that "the framework should be developed and its outcome presented to the Leaders in the year 2003 for their consideration," and that "the implementation of measures for the realization of the partnership, including elements of a possible FTA, should be completed as soon as possible within 10 years while according due consideration to the economic levels and sensitive sectors of each country." 2 The leaders met in Cambodia in November 2002 and endorsed the recommendation.