Course summary ASEAN Japan exhaustive Economic Partnership (AJCEP):
The Association of Southeast Asian Nations (ASEAN) and Japan signed the ASEAN - Japan trade exhaustive Economic Partnership (AJCEP)
in 2008.
The ASEAN Japan exhaustive Economic Partnership (AJCEP) entered into force in 2008.
The ASEAN Japan exhaustive Economic Partnership (AJCEP) Agreement is exhaustive in
amplitude,
covering
International trade in products
and services, Foreign direct investment (FDI) and economic cooperation
The Association of Southeast Asian Nations (ASEAN) and Japan continued to be important trade partners.
Total bilateral trade between
ASEAN members states (Brunei Darussalam,
Indonesia,
Malaysia, Philippines, Singapore,
Thailand, Cambodia,
Laos,
Myanmar and Vietnam) and Japan grew by 22% from USD 173 billion in 2007 to USD 214
billion in 2008.
Owing to the global economic and financial crisis, total foreign trade between ASEAN and
Japan went down from USD 214 billion in 2008 to USD 160 billion in 2009 (decline of 25%). However, Japan
stayed an important trade partner for
the Association of Southeast Asian Nations (ASEAN) with a share of 10% of total ASEAN
external trade in 2009.
Example of the course ASEAN Japan exhaustive Economic Partnership (AJCEP):
