 ASEAN Free-Trade Area
Syllabus of the Subject: ASEAN Free-Trade Area (AFTA). Tariff
Liberalisation
- Introduction to the ASEAN Free-Trade Area (AFTA)
- Tariff Liberalisation
- Import Duties and Tariff Rate
Quotas Elimination
- ASEAN Rules of origin
- Calculation of the Regional Value Content
- Non-tariff Measures
- Import
Licensing Procedures
- Trade Facilitation
- Single Window of the Association of Southeast Asian Nations (ASEAN)
- ASEAN Customs
- Customs Valuation
- Standards, technical regulations and conformity assessment procedures
-
Sanitary and Phytosanitary
Measures
- Emergency situation
Transport Corridors:
- East-West Economic Corridor (Myanmar-Thailand-Laos-Vietnam)
- Nanning-Singapore Economic Corridor
- Pan-Beibu Gulf Economic Zone
The Subject “ASEAN Free-Trade Area” belongs to the following Online Higher Education Programs taught by EENI Global Business School:- Doctorates: Asian Business, World Trade
- Diploma: Business in the ASEAN Markets
- Masters: Business in Asia, International Business, Foreign Trade, Economic Relations
Learning materials in
or
Asociación de Naciones del Sudeste Asiático (ASEAN)
Zone de libre-échange de l’ASEAN
ASEAN

EENI Online Masters and Doctorates in Global Business adapted to the ASEAN Students: Brunei Darussalam,
Cambodia,
Indonesia,
Laos,
Malaysia,
Myanmar,
Philippines,
Singapore,
Thailand,
and Vietnam. |
Sample of the Subject: ASEAN Free-Trade Area (AFTA)

Description of the Subject: ASEAN Free-Trade Area (AFTA)
The objective of the ASEAN Free-Trade Area is to reach free trade in products in the ASEAN Region to create a single market and production base for
a deeper economic integration of the ASEAN economies towards the ASEAN Economic Community
achievement by 2015.
The Agreement on Common Effective Preferential Tariff Scheme for the ASEAN Free-Trade Area needs that
the tariff rates levied on a
huge range of foreign trade of products within the ASEAN Region be reduced to 5%.
Most of the Association of Southeast Asian Nations (ASEAN) region is a free-trade area. Accounting for 96% of all
the international trade of the Association of Southeast Asian Nations, the first six
signatories of the Common Effective Preferential Tariff Scheme for the ASEAN Free-Trade Area (AFTA) have reduced their custom tariffs on
the intra-regional trade to 5% for all the export products to the “Inclusion list” or removed them in total.

The member economies of the Association of Southeast Asian Nations (ASEAN) should eliminate the import duties on all the export products traded between them by 2010 for the ASEAN-6 and by 2015, with flexibility to 2018, for CLMV (Cambodia, Laos, Myanmar and Vietnam.).
- ASEAN-6: Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, and Thailand
- CLMV: Cambodia, Laos, Myanmar, and Vietnam
For ASEAN-6, by 1 January 2009 (Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, and Thailand)
- Import duties of at least 80% tariff lines are eliminated
- Import duties on all the Information and Communications Technology (ICT)
products, as defined in the e-ASEAN Framework Agreement, are removed
- Import duties on all the Priority Integration Sectors products are at 0%
- Import duties on all the goods are equal to or less than 5%
For Laos, Myanmar, and Vietnam, import duties on all the products are equal to or less than 5% by 2009.
For Cambodia, import duties of at least 80% of the tariff lines are equal to or less than 5% by 2009.
- ASEAN Economic Community
- Foreign Direct Investment (FDI) in the ASEAN Countries
- Asia-Africa Growth Corridor
-
ASEAN Free Trade Agreements (FTA): ASEAN Free-Trade Area (AFTA),
Indonesia-Malaysia-Thailand Growth Triangle,
Mekong Economic Cooperation Strategy,
East ASEAN Growth Area, China, Canada, Australia-New Zealand, India, European Union, South Korea, Russia, United States, Pakistan, Japan...
- Singaporean Free Trade Agreements:
APEC,
Indian-Ocean Rim Association,
Trans-Pacific Agreement, Australia,
China,
Jordan,
India,
Japan,
Korea,
New Zealand,
Panama,
Peru,
EFTA,
United States...

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