ASTEP seeks to establish a framework of transparent rules to govern trade and investment between the Parties.Apart from specific obligations to enhance transparency in the individual chapters, ASTEP’s Transparency Chapter contains obligations that ensure that all relevant measures affecting the trade in services must be made known to the other Party within a reasonable period of time. Under provisions in this chapter, both sides are committed to notify and inform each other on regulations or practices that may materially affect the operation of ASTEP or substantially affect the other side’s interests.