What is AADCP? |
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ASEAN Australia Development Cooperation ProgramDownload the AADCP Information Brochure here. [ pdf 811 KB] The ASEAN-Australia Economic Cooperation Program (AAECP) was established
in 1974 to promote cooperation between Australia and ASEAN in areas of
agreed regional development priority. The program has evolved to keep
pace with significant economic progress in South East Asia and the maturing
nature of the ASEAN-Australia relationship. The current phase of AAECP
is currently winding down and expected to complete in 2005. The goal of the program is to promote sustainable development within ASEAN, by assisting ASEAN to tackle priority regional development challenges through regional cooperation. Specific objectives of the AADCP are:
The AADCP consists of three core elements, namely: (i) a program to support ASEAN economic integration and competitiveness-related activities, (ii) a flexible mechanism for smaller collaborative activities (the Regional Partnerships Scheme), and (iii) an economic policy research facility in the ASEAN Secretariat (the Regional Economic Policy Support Facility). The AADCP Program Stream, with a budget of $A20 million, consists of two sub-programs, which in turn comprises a series of smaller joint ASEAN-Australian activities contributing to the broader program objectives. These sub-programs are called: “Strengthening ASEAN Economic Integration” and “Enhancing ASEAN Competitiveness”. The AADCP Regional Partnerships Scheme supports the implementation of a range of smaller scale regional development activities, developed by ASEAN and Australian entities, funded in rounds over a period of five years ($A15 million). The AADCP Regional Economic Policy
Support Facility supports a range of priority regional policy research
activities, to be undertaken by ASEAN and Australian research entities.
It is being implemented over a period of five years and has a budget of
around $A9 million. |