The significance of this is that, in principle, the very existence of a dispute solely between ASEAN members could be kept secret, whereas a dispute arising under ASEAN's FTAs with China, Korea, and Japan, and under the AANZFTA, must eventually be disclosed.
The first is to be found in ASEAN's 2004 Protocol and the regimes established under the China-ASEAN FTA, Korea-ASEAN FTA, Japan-ASEAN FTA, and AANZFTA.
East Asia now has a new, regional subspecies--an East Asian RTA dispute settlement model--following the successive conclusion of the China-ASEAN, Korea-ASEAN, and Japan-ASEAN FTAs, and the AANZFTA.
ASEAN's 1987 Agreement on the Promotion and Protection of Investment), the Korea-ASEAN FTA's Investment Agreement, and Chapter 11 of the AANZFTA, there is little that can usefully be said at the present time about confidentiality in the case of investor-state disputes under these treaty regimes.
138) Investor-state arbitration is also provided for under AFTA, the Korea-ASEAN FTA's Investment Agreement, and the AANZFTA.
org> [Korea-ASEAN DSA]; Japan-ASEAN FTA, supra note 7, arts 68(8), 68(10), 68(11); AANZFTA, supra note 8, arts 13(6), 13(10), and c 7, Annex at para 21.
See also AANZFTA, supra note 8 at c 7, Annex at para 11 for similar provisions.
142) China-ASEAN DSA, supra note 5, art 9(1); Korea-ASEAN DSA, supra note 139, art 10(3); Japan-ASEAN FTA, supra note 7, art 68(8); AANZFTA, supra note 8, c 17, art 13.
144) Japan-ASEAN FTA, supra note 7, art 68(9); Korea-ASEAN DSA, supra note 139 Annex at para 16; AANZFTA, supra note 8, c 17, art 10.
147) Ibid, App II, s II, para 6; AANZFTA, supra note 8, c 7, Annex at para 19.