Course summary ASEAN Canada Economic Cooperation Agreement:
The Association Southeast Asian Nations (ASEAN)
-
Canada Economic Cooperation
Agreement (ACECA) provided for
industrial and trade cooperation in addition to technical
cooperation.
The ASEAN Canada Economic Cooperation Agreement (ACECA) established the Association of Southeast Asian Nations
(ASEAN) - Canada Joint Cooperation Committee (JCC) to promote
and review the different cooperation activities forecasted between ASEAN (Brunei Darussalam,
Indonesia,
Malaysia, Philippines, Singapore,
Thailand, Cambodia,
Laos,
Myanmar and Vietnam) and
Canada.
The total bilateral trade between Association of Southeast Asian Nations
(ASEAN) and Canada was USD 9 billion in 2009. Foreign direct investment (FDI)
of Canada to
the ASEAN member economies was USD 310 million in 2009 (0.8% of total Foreign
direct investment in the region).
- products exports of Canada to Association of Southeast Asian Nations (ASEAN): 4.7 billion
USD.
- products imports of Canada from ASEAN: 9.8 billion USD.
- Service exports from Canada to the ASEAN countries: 1.2
billion USD in 2006,
- Service imports from ASEAN:
.8 billion USD.
The Association of Southeast Asian Nations (ASEAN) and Canada are working towards the
termination of the ASEAN- Canada Trade and Foreign direct investment (FDI) Framework Arrangement (TIFA) to improve
foreign trade and
Foreign direct investment (FDI) relations.
ASEAN Free trade agreements
Example of the course ASEAN Canada Economic Cooperation Agreement (ACECA):
Master in International Business for Canadian Students
