ASEAN Free Trade Area
E25390
The ASEAN Free Trade Area is a regional economic agreement among Southeast Asian nations aimed at reducing trade barriers and promoting the free flow of goods within the ASEAN bloc.
Observed surface forms (3)
| Surface form | Occurrences |
|---|---|
| AFTA | 1 |
| ASEAN Free Trade Area (AFTA) | 1 |
| ASEAN Trade in Goods Agreement | 1 |
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
economic integration arrangement
ⓘ
free trade area ⓘ regional trade agreement ⓘ |
| abbreviation |
ASEAN Free Trade Area
self-linksurface differs
ⓘ
surface form:
AFTA
|
| administeredBy |
ASEAN Economic Ministers
ⓘ
ASEAN Secretariat ⓘ |
| aimsTo | create a single market for goods in ASEAN ⓘ |
| appliesTo |
Brunei Darussalam
ⓘ
Cambodia ⓘ Indonesia ⓘ Laos ⓘ
surface form:
Lao People’s Democratic Republic
Malaysia ⓘ Myanmar ⓘ Philippines ⓘ Singapore ⓘ Thailand ⓘ Viet Nam ⓘ |
| beneficiary |
ASEAN consumers
ⓘ
ASEAN member state ⓘ
surface form:
ASEAN member state exporters
|
| cooperatesWith | World Trade Organization rules ⓘ |
| coreMechanism | Common Effective Preferential Tariff scheme ⓘ |
| foundationPlace | Singapore ⓘ |
| foundedAtEvent |
ASEAN Summit
ⓘ
surface form:
Fourth ASEAN Summit
|
| foundedBy | ASEAN member states ⓘ |
| goal |
attraction of foreign direct investment to ASEAN
ⓘ
elimination of non-tariff barriers among ASEAN members ⓘ enhancement of ASEAN’s competitiveness as a production base ⓘ promotion of free flow of goods within ASEAN ⓘ reduction of intra-ASEAN tariffs ⓘ |
| hasComponent |
Highly Sensitive List
ⓘ
Inclusion List ⓘ Sensitive List ⓘ Temporary Exclusion List ⓘ |
| inception | 1992 ⓘ |
| language |
English
ⓘ
other official ASEAN languages ⓘ |
| legalBasis | Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area ⓘ |
| partOf |
ASEAN Economic Community
ⓘ
surface form:
ASEAN Economic Community framework
Association of Southeast Asian Nations ⓘ |
| policyArea | trade in goods ⓘ |
| policyInstrument |
rules of origin
ⓘ
safeguard measures ⓘ tariff elimination commitments ⓘ tariff reduction schedules ⓘ |
| precededBy | earlier ASEAN preferential trading arrangements ⓘ |
| regionServed | Southeast Asia ⓘ |
| relatedTo |
ASEAN Free Trade Area
self-linksurface differs
ⓘ
surface form:
ASEAN Trade in Goods Agreement
|
| shortName |
ASEAN Free Trade Area
self-linksurface differs
ⓘ
surface form:
ASEAN Free Trade Area (AFTA)
|
| signingDate | 28 January 1992 ⓘ |
| signingPlace | Singapore ⓘ |
| typeOfTariffPreference | preferential tariff rates among ASEAN members ⓘ |
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
AFTA
this entity surface form:
ASEAN Trade in Goods Agreement
this entity surface form:
ASEAN Free Trade Area (AFTA)