The ASEM Investment Promotion Action Plan (IPAP) firmly demonstrated the common commitment of all ASEM partners to work towards generating greater two-way investment flows between Asia and Europe. The preparation of the Action Plan was supervised by the Thailand Board of Investment on behalf of the Royal Thai Government. Public and private agents from all ASEM partners gave generously of their time and insights. The final product is truly a flagship initiative of Asia Europe economic cooperation.
The ASEM Investment Promotion Action Plan was first called for in the inaugural Asia-Europe Meeting in Bangkok.