The ASEAN-Korea Investment Agreement aims to promote investment flows and create a liberal, facilitative, transparent and competitive investment regime in ASEAN and Korea through:

-          Creating conducive environment for ASEAN and Korean investor and their investments

-          Promoting cooperation on a mutually beneficial basis;

-          Encouraging and promoting the flow of investments and cooperation between ASEAN and Korea;

-          Improving transparency of investment rules; and

-          Providing for the protection of investments


The agreement incorporates  a review mechanism to improve the transparency of investment rules and to discuss progressive liberalization of the investment regimes of ASEAN and Korea.