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Norway – China–Norway Free Trade Agreement; Sri Lanka – China–Sri Lanka Free Trade Agreement; Nepal – memorandum on a feasibility study currently in place [113] Costa Rica. EFTA; South Korea; Colombia is negotiating or is planning bilateral agreements with the following countries and blocs: Japan; Turkey
The South Asian Free Trade Area (SAFTA) is a 2004 agreement that created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka with the vision of increasing economic cooperation and integration.
It was also the third largest trade volume after the European Economic Area and the North American Free Trade Area. [ 12 ] [ 7 ] On 1 January 2010, the average tariff rate on Chinese goods sold in ASEAN countries decreased from 12.8 to 0.6 percent pending implementation of the free trade area by the remaining ASEAN members.
Free Trade Agreement [13] Switzerland: 6 July 2013 1 July 2014 Free Trade Agreement [14] South Korea: 1 June 2015 20 December 2015 Free Trade Agreement [15] Australia: 17 June 2015 20 December 2015 Free Trade Agreement [16] Georgia: 13 May 2017 1 January 2018 Free Trade Agreement [17] Maldives: 7 December 2017 1 January 2025 Free Trade Agreement
Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover from its worst economic ...
ASEAN–Australia–New Zealand Free Trade Area (AANZFTA) is a free trade area between ASEAN and ANZCERTA that was signed on 27 February 2009 and came into effect on 1 January 2010. Details of the AANZFTA agreement are available online. [27] ASEAN–China Free Trade Area (ACFTA), in effect as of 1 January 2010 [28]