CEPT Scheme Agreement
E570475
The CEPT Scheme Agreement is a foundational ASEAN trade pact that establishes a common preferential tariff framework to promote regional economic integration and the ASEAN Free Trade Area.
Statements (29)
| Predicate | Object |
|---|---|
| instanceOf |
ASEAN agreement
ⓘ
preferential tariff scheme ⓘ trade agreement ⓘ |
| abbreviation | CEPT NERFINISHED ⓘ |
| aimsTo |
eliminate intra-ASEAN tariffs over time
ⓘ
enhance trade and investment flows within ASEAN ⓘ promote the ASEAN Free Trade Area ⓘ reduce intra-ASEAN tariffs ⓘ |
| appliesTo | ASEAN member states NERFINISHED ⓘ |
| basedOn | principle of preferential tariff treatment among ASEAN members ⓘ |
| establishes | common effective preferential tariffs for intra-ASEAN trade ⓘ |
| fullName | Common Effective Preferential Tariff Scheme Agreement NERFINISHED ⓘ |
| governs | tariff preferences for intra-ASEAN trade in goods ⓘ |
| hasBeneficiary | ASEAN member economies ⓘ |
| hasMechanism |
preferential tariff rates for ASEAN-origin goods
ⓘ
tariff reduction schedule ⓘ |
| hasPurpose |
to establish a common preferential tariff framework in ASEAN
ⓘ
to promote regional economic integration among ASEAN member states ⓘ |
| implementedBy | ASEAN member state governments NERFINISHED ⓘ |
| legalNature | binding international agreement among ASEAN member states ⓘ |
| partOf | ASEAN Free Trade Area NERFINISHED ⓘ |
| region | Southeast Asia ⓘ |
| relatedTo |
ASEAN Free Trade Area Agreement
NERFINISHED
ⓘ
ASEAN economic integration initiatives ⓘ |
| subjectMatter |
customs tariffs
ⓘ
preferential market access within ASEAN ⓘ trade in goods ⓘ |
| supports |
creation of a single market and production base in ASEAN
ⓘ
regional economic integration in Southeast Asia ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
→
shortName
→
CEPT Scheme Agreement
ⓘ