Business School

Malaysia Free Trade Agreements (FTAs). ASEAN APEC IOARC

EENI International Business - Business in Asia

Master International Business

Learning unit: Malaysia Free Trade Agreements (FTAs). Syllabus:

- ASEAN, APEC, IMT-GT, BIMP-EAGA, IOARC.
- Free Trade Agreements FTAs of Malaysia (ASEAN): Australia - New Zealand, India, Canada, China, European Union, Japan, Korea, Russia, US, Pakistan.
- FTA's with Japan (MJEPA), Pakistan (MPCEPA) and Jordan.
- New Zealand - Malaysia (MNZFTA)

Course learning materials:

Master International Business MIB e-learning for Malaysian students

Institutions, Agreements and FTA's of Malaysia:

Association of Southeast Asian Nations (ASEAN)

- Introduction to the Association of Southeast Asian Nations or ASEAN.
- Objectives. Principles. ASEAN member countries. Statistics.
- Introduction to:
  ASEAN Economic Community.
  ASEAN Free trade area (AFTA).
  ASEAN plus three cooperation.
  ASEAN Free trade agreements.

ASEAN Economic Community - ASEAN Free Trade Area (AFTA)

ASEAN Free Trade Agreements FTAs

New Zealand - Malaysia Free Trade Agreement (MNZFTA). FTA's with Japan (MJEPA), Pakistan (MPCEPA) and Jordan.

China - ASEAN FTA

- The ASEAN China Free Trade Area (ACFTA).
- Trade between ASEAN countries and China.
- Origin of a good.
- ASEAN-China Center. Functional Cooperation.

ASEAN Canada Economic Cooperation Agreement (ACECA)

- ASEAN Canada Economic Cooperation Agreement (ACECA).
- Trade between ASEAN and Canada.

ASEAN Australia New Zealand FTA (AANZFTA)

- ASEAN Australia New Zealand Free Trade Area (AANZFTA)
- Trade Relations between ASEAN and Australia and New Zealand.
- Rules of Origin.

ASEAN India Trade in Goods (TIG) Agreement

- ASEAN - India Trade in Goods (TIG) Agreement.
- Bilateral trade between India and ASEAN countries.

Trans-Regional ASEAN European Union Trade Initiatives (TREATI)

- Introduction to the Trans-Regional ASEAN European Union Trade Initiatives (TREATI)
- Trade Relations between ASEAN and EU countries.

ASEAN Japan Comprehensive Economic Partnership (AJCEP)

- ASEAN Japan Comprehensive Economic Partnership (AJCEP).
- Trade Relations between ASEAN countries and Japan.

ASEAN ROK Korea Free Trade Area (AKFTA)

- ASEAN ROK Korea Free Trade Area (AKFTA)
- Trade Relations between ASEAN countries and South Korea.

ASEAN Russia Business Forum

- Introduction to the ASEAN - Russia Business Forum
- Trade Relations between ASEAN and Russia.

Trade and Investment Framework Agreement (ASEAN-US TIFA)

- ASEAN United States Trade and Investment Framework Agreement (TIFA)
- Trade relations between ASEAN countries and US.

IMT – GT

- Introduction to the Indonesia - Malaysia - Thailand Growth Triangle (IMT - GT).
- Structure and Goals of the IMT-GT.
- Sumatra Investment and Trade Survey (SITS).
- Economic profiles of IMT-GT provinces.

BIMP-EAGA

- Introduction to the The Brunei Darussalam Indonesia Malaysia the Philippines - East Asean Growth Area.
- Members and objectives.
- BIMP-EAST ASEAN Business Council (EABC)

Ocean Rim Association for Regional Cooperation (IORARC)

- Ocean Rim Association for Regional Cooperation (IORARC).
- Member countries. Objectives.
- Indian Ocean Rim Business Centre (IORBC).

Asia-Pacific Economic Cooperation (APEC) ©

- Introduction to Asia-Pacific Economic Cooperation (APEC) ©.
- Structure. Bogor Goals. Osaka Action Agenda.
- Trade and Investment Liberalisation. Business Facilitation. Economic and Technical Cooperation.
- Achievements and benefits.

Regional institutions.

Pacific Economic Cooperation Council (PECC)

- Introduction to the Pacific Economic Cooperation Council (PECC).
- Task forces. Trade and Investment in Services. Pacific Food System.
- State of the Region Report.
- Index of Economic Integration in the Asia-Pacific.
- PECC and the Free Trade Area of the Asia-Pacific (FTAAP).

Organization Islamic Conference

- Introduction to the Organization of the Islamic Conference (OIC). The Ummah.
- Subsidiary organs. Statistical, economic and social research and training centre for the Islamic countries (SESRIC).
- Islamic centre for the development of trade (ICDT). Islamic chamber of commerce and industry (ICCI).
- Economic report on the OIC countries.

Islamic Development Bank

- The Islamic development Bank. IDB 1440H vision initiative. IDB unit of account (Islamic dinar). Member countries.
- IDB Group strategic framework. Project financing operations.
- IDB modes of financing. ISTISNA'A. Shari'ah (Islamic law).
- Affiliated institutions. Islamic corporation for Insurance of Investments and Export Credits (ICIEC). Islamic corporation for the development of the private sector (ICD).
- International Islamic trade finance corporation (ITFC).
- Trade financing. The Arab Bank for economic development in Africa (BADEA). BADEA Export financing scheme (BEFS).

Boao Forum For Asia (BFA)

- Introduction to the Boao Forum For Asia (BFA).
- Structure. BFA and the economic integration in Asia.

Asia Cooperation Dialogue (ACD)

- Introduction to the Asia Cooperation Dialogue (ACD).
- Impacts of the Global Recession on Asia.

Asia-Europe Economic Meeting (ASEM)

- Introduction to the Asia-Europe Economic Meeting (ASEM).
- Trade facilitation.
- The Asia-Europe Foundation (ASEF).

Forum for East Asia-Latin America Cooperation (FEALAC)

- Introduction to the Forum for East Asia-Latin America Cooperation (FEALAC).
- Objectives and organization.
- Introduction to Latin America-Asian Economic Relations.
- Manila Plan of Action.

Asia - Middle East Dialogue (AMED)

- Introduction to the Asia - Middle East Dialogue – AMED.
- Principles and Objectives. AMED Working Groups.
- AMED III Meeting.

Economic and Social Commission for Asia and the Pacific (ESCAP)

- Introduction to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
- Objectives of ESCAP. Programmes. Committees.
- The committee on trade and investment.
- Regional trade agreements in Asia. Regionalism in Asia.
- APTIAD interactive trade indicators.
- Statistical yearbook for Asia and the Pacific.

Asian Development Bank (ADB)

- Introduction to the Asian Development Bank.
- Operations. Projects and programs. Partnerships. Financial resources.
- ADB Project cycle.
- Regions and countries.
- Key indicators for Asia and the Pacific.
- Asian development outlook.

Colombo Plan

- The Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific.
- Objectives and Programmes.

Educational level: Continuing education / Executive education programs.

Course summary Malaysia Free Trade Agreements (FTAs)

International Economic Relations. Malaysia is member of: Association of Southeast Asian Nations (ASEAN) - ASEAN Economic Community, Asia-Pacific Economic Cooperation (APEC) ©, IMT – GT, BIMP-EAGA, Ocean Rim Association for Regional Cooperation (IORARC), Pacific Economic Cooperation Council (PECC), Organization Islamic Conference, Islamic Development Bank, Boao Forum For Asia (BFA), Forum for East Asia-Latin America Cooperation (FEALAC), Asia Cooperation Dialogue (ACD), Asia - Middle East Dialogue (AMED), Asia-Europe Economic Meeting (ASEM), Asian Development Bank (ADB), Economic and Social Commission for Asia and the Pacific (ESCAP), Colombo Plan

ASEAN Economic Community (AEC):
ASEAN Economic Community (AEC)

Malaysia Free Trade Agreements (FTAs): ASEAN Free Trade Area (AFTA).
ASEAN Agreements: Australia New Zealand, Canada, China, India, European Union, Japan, Korea, Russia, US, Pakistan. New Zealand - Malaysia Free Trade Agreement (MNZFTA)

ASEAN Japan Comprehensive Economic Partnership (AJCEP):
ASEAN Japan Comprehensive Economic Partnership (AJCEP)

To date, Malaysia has signed and is implementing two bilateral FTAs (Free trade agreement) and four regional FTAs. The bilateral FTAs signed are with Japan (MJEPA), Pakistan (MPCEPA) and Jordan. Together with its Association of Southeast Asian Nations (ASEAN) partners, Malaysia are parties to the ASEAN Free trade area (AFTA), ASEAN-Japan Close Economic partnership agreement (AJCEP), ASEAN Korea free trade agreement (AKFTA) and the ASEAN- China Free trade agreement (ACFTA).

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