ASEAN's Free Trade Agreements

EENI- School of International Business

Sub-subject: ASEAN's Free Trade Agreements. ASEAN Plus 3 Cooperation. Syllabus:

  1. Introduction to the External Relations of the Association of Southeast Asian Nations
  2. ASEAN Plus Three Cooperation
  3. Chiang Mai Initiative Multilateralisation
  4. Asian Bond Market Initiative
  5. ASEAN with China, India, Japan, Korea, and Pakistan
  6. ASEAN with Australia, New Zealand, the European Union (EU), and Russia
  7. ASEAN with Canada and the United States
Sub-subject “ASEAN's Free Trade Agreements (FTA)” is studied...
  1. Doctorate in Business in Asia (Online)
  2. Masters: International Business, Asia, Pacific, Emerging Markets, Economic Relations

Languages of study English or Spanish ASEAN French ASEAN Portuguese ASEAN

Sample of the Sub-subject: ASEAN's Free Trade Agreements
ASEAN Plus Three

Description of the Sub-Subject: ASEAN's Free Trade Agreements (FTA) (Southeast Asia):

The ASEAN Plus 3 (APT) consists of the Association of Southeast Asian Nations (ASEAN), China, Japan, and Korea.

The ASEAN plus Three Cooperation framework has broadened and deepened. In international finance and monetary cooperation, the progress has been steady and flowed to focus on the implementation of the “Chiang Mai Initiative Multilateralisation” and Asian Bond Market Initiative.

  1. The Chiang Mai Initiative Multilateralisation, a 120 billion dollars currency swap facility involving the central banks and finance ministries of the Association of Southeast Asian Nations (ASEAN), China, Japan, and South Korea (ASEAN+3) and the Monetary Authority of Hong Kong, the People's Republic of China, has come into effect
  2. The Asian Bond Market Initiative is an ASEAN+3 initiative supported by the Asian Development Bank and funded by the Government of Japan. The Asian Bond Market Initiative is intended to promote bond market development in the region: Brunei Darussalam, Cambodia, the People's Republic of China, Indonesia, Japan, Korea, Laos, Myanmar, the Philippines, Singapore, Thailand, Malaysia, and Vietnam

The ASEAN Foreign trade with the ASEAN+ 3 countries was USD 414 billion (27% share of the total ASEAN trade last year).

ASEAN-Canada Free Trade Agreement (FTA)

The total flows of foreign direct investment from the +3 countries into the Association of Southeast Asian Nations were still strong with a slight decline of 1.3% from USD 8.4 billion to USD 8.2 billion.

  1. China-ASEAN Agreement
  2. ASEAN-Canada Economic Cooperation Agreement
  3. ASEAN-Australia-New Zealand Agreement
  4. ASEAN-India Trade in Goods Agreement
  5. ASEAN-European Union Trade Initiatives
  6. ASEAN-Japan Exhaustive Economic Partnership
  7. ASEAN-South Korea Free-Trade Area
  8. ASEAN-Russia
  9. ASEAN-United States Trade and Investment Framework Agreement
  10. ASEAN-Pakistan Free-Trade Area
  11. Greater Mekong Subregion (GMS)

Other Free Trade Agreements (FTA) in the ASEAN Region:

  1. Singapore-Australia
  2. Singapore-New Zealand
  3. Singapore-Korea
  4. Singapore-European Free Trade Association (EFTA)
  5. Singapore-Japan
  6. Singapore-Jordan
  7. Singapore-Panama

ASEAN-China Free Trade Agreement

ASEAN-Australia-New Zealand Free Trade Agreement (FTA)

Mekong Economic Cooperation Strategy (ACMECS)



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