Educational level: Continuing education / Executive education programs.
Related International Trade Courses and Masters: Doing business in Southeast Asia
- ASEAN
- Master Business in Asia.
ASEAN Free Trade Agreements FTAs.
Master International Business MIB for Chinese
students
Course summary ASEAN China Free Trade Area (ACFTA):
ACFTA is the third biggest Free Trade Area in the world 1.9 billion people -ASEAN and China.
ASEAN and China had agreed to cooperate on eleven priority areas of
cooperation, namely agriculture, information and communication technology, human
resource development, Mekong Basin Development, investment, energy,
transport,
culture, public health, tourism and environment.
Trade and economic ties between ASEAN and China have been growing rapidly over
the past years, especially after the signing of the Framework Agreement on
Comprehensive Economic Cooperation in November 2002 to establish the ASEAN-China
Free Trade Area (ACFTA).
The ACFTA was realised on 1 January 2010 as almost 97% of products classified by
ASEAN-6 (Brunei Darussalam,
Indonesia,
Malaysia, the Philippines, Singapore and
Thailand) and China in the Normal Track have been eliminated.
Example of the course ASEAN China Free Trade Area
(ACFTA):
The CLMV countries (Cambodia,
Laos,
Myanmar and Vietnam) will fully implement
the ACFTA on 1 January 2015. To celebrate the realisation of the ACFTA, China
hosted a Forum on China-ASEAN Free Trade Area in Nanning in January 2010.
The ASEAN China Free Trade Area (ACFTA) comprises a market of 1.9 billion with a
combined GDP of about US$ 6 trillion and a total trade volume of US$ 4.3
trillion.
ASEAN China Free Trade Area (ACFTA) is the third biggest Free Trade Area in the
world
- 1.9 billion population, cover 30% people in the world
- US$ 2 trillion GDP, total trade amount over 1.2 trillion
- Bilateral trade volume increase by 38.9% annually. bilateral trade volume
reach US$ 105.9 billion
- Import and export will be expected to increase by 50%.
- Five ASEAN countries are China’s top 20 trading partners
China is the third largest source of import of ASEAN. Imports from China valued
at nearly $107 billion.
The China-ASEAN Business & Investment Summit is the highest level meeting among
Chinese and ASEAN business circles.
Example of the course ASEAN China Free Trade Area (ACFTA) (in
Chinese 中国-东盟自贸区):
Topic:
Globalization and regionalization
Spanish: Comercio Exterior ASEAN China
EENI International Business
Also available in 中国-东盟自贸区
