2005 Agreement on the Establishment of the ASEAN Development Fund.
Country
Type of law
Agreement
Abstract
The ASEAN Development Fund, signed in Vientiane, Lao PDR on 26 July 2005, shall serve as ASEAN’s common pool of financial resources to support the implementation of the Vientiane Action Programme (VAP) and its successor documents. In particular, the ADF shall be used for the following purposes: i. leverage funding of regional cooperation programmes and projects from Dialogue Partners and other external donors. When used for counterpart funding, the amount shall not exceed 20% of the total funding raised regardless of whether the co-funding source is an ASEAN Member Country or an external donor; ii. provide seed funding for initial activities of large-scale projects, requiring major financial support from a Dialogue Partner or donor institution; and iii. provide full funding support to small and short-term projects of a confidential or strategic nature.
Attached files
Web site
Long title of text
National Parliament Resolution No. 35/2025 approving, for accession, the Agreement for the Establishment of the ASEAN Development Fund.
Date of text
Entry into force notes
This Agreement shall enter into force on the date of signature of all the ASEAN Member Countries and shall remain in force until it is terminated by the decision of the ASEAN Foreign Ministers.
Repealed
No
Serial Imprint
Jornal da República, I Série, No. 42 A, 15 October 2025.
Source language
English
Legislation Amendment
No
FAOLEX Organization
Association of Southeast Asian Nations (ASEAN)
Original title
Resolução do Parlamento Nacional N.º 35/2025: Aprova, para adesão, o Acordo para o Estabelecimento do Fundo de Desenvolvimento da ASEAN. / Akordu Ba Kriasaun Fundu Dezenvolvimentu Asean Nian.