CEPT Agreement

E570474

The CEPT Agreement is a foundational ASEAN trade pact that reduces tariffs among member states to promote regional economic integration under the ASEAN Free Trade Area.

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CEPT Agreement canonical 1

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Statements (31)

Predicate Object
instanceOf ASEAN economic agreement
trade agreement
administeredBy Association of Southeast Asian Nations NERFINISHED
aimsAt attracting foreign direct investment to ASEAN
creating a single market and production base in ASEAN
enhancing ASEAN competitiveness
expanding intra-ASEAN trade
alsoKnownAs CEPT Scheme NERFINISHED
appliesTo ASEAN member states NERFINISHED
basedOn principle of preferential tariff treatment
beneficiary ASEAN member economies NERFINISHED
covers trade in goods among ASEAN member states
fullName Common Effective Preferential Tariff Agreement NERFINISHED
hasEffect facilitating freer flow of goods in ASEAN
lowering average tariffs within ASEAN
strengthening regional production networks in ASEAN
hasFeature lists of inclusion and exclusion of products
tariff reduction schedules for member states
hasMechanism gradual reduction of import tariffs
hasPurpose to promote regional economic integration in ASEAN
to reduce tariffs among ASEAN member states
to support the ASEAN Free Trade Area
legalForm multilateral regional trade agreement
partOf ASEAN Free Trade Area NERFINISHED
policyType preferential tariff scheme
region Southeast Asia
regulates tariff reductions on intra-ASEAN trade
relatedTo ASEAN Economic Community NERFINISHED
ASEAN Trade in Goods Agreement NERFINISHED
shortName CEPT Agreement NERFINISHED
supports ASEAN economic integration objectives

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Full triples — surface form annotated when it differs from this entity's canonical label.