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.

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Observed surface forms (3)


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.

ASEAN Free Trade Area abbreviation ASEAN Free Trade Area self-linksurface differs
this entity surface form: AFTA
ASEAN Free Trade Area relatedTo ASEAN Free Trade Area self-linksurface differs
this entity surface form: ASEAN Trade in Goods Agreement
SAFTA relatedTo ASEAN Free Trade Area
ASEAN Free Trade Area shortName ASEAN Free Trade Area self-linksurface differs
this entity surface form: ASEAN Free Trade Area (AFTA)