ASEAN-China Free-Trade AreaSyllabus of the Subject: Free-Trade Area between China and the ASEAN.
The Subject “ASEAN-China Free-Trade Area” belongs to the following Online Higher Educational Programs taught by EENI Global Business School: Masters (MIB): International Business, Foreign Trade. Doctorate (DIB): Asian Business, World Trade. Course: Taoism, Confucianism & Business. Learning materials in The Association of Southeast Asian Nations (ASEAN)-China Free-Trade Area is the third largest Free-Trade Area in the World. ASEAN-China Free-Trade Area. The ASEAN-China Free-Trade Area includes a market of 1.9 billion people with a combined gross domestic product of 6 trillion dollars and a total trade volume of 4.3 trillion dollars.
The Association of Southeast Asian Nations (ASEAN) and the People's Republic of China had agreed to cooperate on agriculture, information and communication technology (IT), human development, Mekong Basin development, Foreign direct investment (FDI), foreign trade, energy, international transport, culture, public health, tourism, and environment. Foreign trade and economic links between the Association of Southeast Asian Nations and the People's Republic of China has been growing fast over the past years, especially after the signing of the Framework Agreement on Exhaustive Economic Cooperation in November 2002 to establish the ASEAN-China Free-Trade Area. The ASEAN-China Free-Trade Area was completed in 2010 as near 97% of the export products classified by ASEAN-6 (Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, and Thailand) and China in the Normal Track have been eliminated. Cambodia, Laos, Myanmar, and Vietnam has completely implement the ASEAN-China Free-Trade Area on 1 January 2015. Transport Corridors: (c) EENI Global Business School (1995-2023) |