The signing ceremony took place in the attendance of the ASEAN leaders and Australian Prime Minister Malcolm Turnbull. The MoU is considered as a historic breakthrough contributing to strengthening the two sides’ collaboration in ensuring regional security. Via the signed framework agreements, ASEAN and Australia agreed to enhance their counter-terrorism cooperation in terrorist financing and violent extremism. Australia are committed to maintaining annual dialogues between its government, security and law enforcement agencies with ASEAN in order to seek practical measures to safeguard regional security. The document features various initiatives and framework agreements covering engineering, anti-terrorism law building, regional dialogues and seminars on electronic evidence, financial intelligence and ways to tackle online radicalisation. The ASEAN-Australia Special Summit, the first of its kind, opened in Sydney on March 16, in the presence of Turnbull and leaders of ten ASEAN nations including Vietnamese PM Nguyen Xuan Phuc.