ASEAN United States TIFA Trade and Investment Framework Agreement

Course summary ASEAN United States TIFA Trade and Investment Framework Agreement:

ASEAN-US TIFA. US is one of the major trading partners of ASEAN. US-ASEAN Business Council

ASEAN and the United States concluded the Trade and Investment Framework Agreement (ASEAN-US TIFA) in August 2006, which serves as a mechanism to strengthen ASEAN-US economic ties.

The US is one of the major trading partners of ASEAN. For the US, ASEAN has been one of the fastest growing export markets.

The total trade between ASEAN and the US increased from US$ 135 billion in 2004 to more than US$ 149 billion in 2009.

As for foreign direct investment (FDI), the inflow from the US to ASEAN Member States was US$ 3.3 billion in 2009, accounting for 8.5% of total FDI in the region. Total American FDI into ASEAN from 2007 to 2009 was US$ 16.5 billion.

The US-ASEAN Business Council is the premiere advocacy organization for U.S. corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN).

Example of the course ASEAN United States TIFA Trade and Investment Framework Agreement:

ASEAN Member States: Brunei Darussalam,  Myanmar, the Philippines, Singapore, Thailand, Vietnam, Cambodia, Indonesia, Malaysia and Laos PDR

Topic: Globalization and regionalization

 Educational level: Continuing education / Executive education programs.