CEBU, Philippines, Jan. 11 (Xinhua) -- The ASEAN leaders will adopt "ASEAN Convention on Counter terrorism", the first and a legally binding convention on anti-terrorism, a senior Philippine official said here on Thursday.

    Ambassador Marcianor Paynor, secretary-general of ASEAN Summit National Organizing Committee, said in order to make the region safer, the ASEAN leaders will adopt "a historic agreement that will become a crucial tool in our collective war against terror."

    According to the draft document, which will be submitted to the ASEAN leaders for signing, ASEAN nations have agreed to track movements of suspicious money or people throughout the region, and to allow for the extradition of terror suspects.

    The 10 ASEAN members are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

    On Wednesday, Philippine President Gloria Macapagal-Arroyo said her country would call for a more effective collaboration among the ASEAN members in the fight against terrorism.

    Three bombs within hours of each other rocked the southern Philippines on Wednesday, killing at least six people and wounding27 others. The series of bombings occurred amid warnings that militants might try to disrupt this weekend's Asian regional summits.

    Philippine officials said the police and troops are on red alert. Philippine National Police Chief Oscar Calderon has warned that militants might try to embarrass the government by staging attacks during the meetings.

    The Philippine government is now fighting against the Abu Sayyaf terrorist group that operates in islands in Mindanao.

    In a related development, al-Qaida-linked militants will be a key security concern during the forthcoming ASEAN Summit, and officials said more than 10,000 troops and police are securing the Cebu venues.