2-4. We reaffirm the importance of customs cooperation, which will contribute to trade facilitation and supply chain security not only among three countries but also in the region. In this regard, we will further enhance customs cooperation through the implementation of the Action Plan of the Tripartite Customs Cooperation under the framework of Tripartite Customs Heads' Meeting (TCHM).

2-5. We will make efforts towards concluding the Trilateral Investment Agreement, with a view to actively promoting regional investment of enterprises within our respective countries and also provide a favorable legal, institutional and procedural environment for investment in order for regional investors to manage successful businesses. Moreover, we will endeavor to provide the necessary infrastructures to facilitate the free movement of investment capital of the region.

2-6. To respond to the changes in international financial markets, we will further enhance coordination among financial authorities, and endeavor to strengthen financial cooperation by encouraging financial institutions in China, Japan and Korea to advance into each other's markets. We welcome the successful launch of the Chiang Mai Initiative Multilateralization and the substantial progress under the Asian Bond Markets Initiatives, and will make further efforts to enhance financial cooperation in East Asia, including enhancement of the effectiveness of CMIM. We will actively contribute to the discussions led by the G20 on strengthening international financial system including the work to improve global financial safety nets.

2-7. We share the view that an open, fair and liberalized multilateral trading system is essential to the economic prosperity not only in China, Japan and Korea, but also the world as a whole. It is imperative for us to fight against protectionism in any form in order to preserve and reinforce such system. In this regard, we are determined to seek a prompt, ambitious and balanced conclusion to the Doha development round, consistent with its mandate, based on the progress already made, including with regard to modalities and strengthen the trilateral cooperation for the continuous advancement of the multilateral trading system in the era beyond the Doha Round.

2-8. We share the view to enhance the cooperation in science and innovation to improve our research capacity, strengthen the competitiveness of the industrial technology of the three countries, and address the common regional and global issue, explore ways of contributing to the long-term goal of developing an East Asia community. For this purpose, we will continue to provide financial support to the Joint Research Collaboration Program and the Asia 3 Foresight Program and explore possibility of further expansion of the investment in light of actual circumstances. In addition, we will explore the possibility of establishing a new joint fund program to support joint research with common interests in the fields, and by the means which are decided through discussion among the three countries.

2-9. We will further continue to consult on policy cooperation and consultation in such areas as industry, energy, energy efficiency, resources, ICT, hi-tech, cultural industry, transportation, health, agriculture, fishery, tourism and intellectual property rights.

2-10. We affirm that cooperation on standards is a key tool by which to facilitate trade through the elimination of unnecessary technical barriers to trade. In this regards, we will further enhance cooperation on standards through researching harmonization of standards, proposal of harmonized international standards and the Northeast Asia Standards Cooperation Forum.

2-11. We recognize that more coordinated trilateral economic cooperation is a key to promoting economic activities in the region, and we are committed to further strengthening our cooperation through such measures as the ones stipulated above. Furthermore, recognizing the important role played by the three countries in regional and the global economy, we should act together to generate strong, sustainable and balanced global growth, in multilateral fora especially including G20 and APEC. To this end, we will actively participate in initiating a cooperative and consultative process of mutual assessment of our policy frameworks.

III. Cooperation in Environmental Protection

3-1. We welcome the outcome of the COP15/CMP5 and support the Copenhagen Accord thereof. Based on the positive outcome of the COP15/CMP5, we will strengthen our cooperation to contribute to the successful outcome of COP16/CMP6, including the establishment of an effective post-2012 international cooperation framework on climate change, consistent with the principles of the United Nations Framework Convention on Climate Change (UNFCCC), in particular common but differentiated responsibilities.