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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]
The ASEAN–India Free Trade Area (AIFTA) is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the Republic of India. The initial framework agreement was signed on 8 October 2003 in Bali, Indonesia. [1] and the final agreement was on 13 August 2009. [2]
the ASEAN–China Free Trade Area came into force on 1 January 2010; a comprehensive economic partnership agreement with Japan [ 13 ] came into force on 1 December 2008; the ASEAN Korea Free Trade Agreement, [ 14 ] the trade in goods provisions came into effect on 1 June 2007, an agreement for trade in services was signed in 2007 and the trade ...
The FTAAP would create a free trade zone that would considerably expand commerce and economic growth in the region. [46] [48] The economic expansion and growth in trade could exceed the expectations of other regional free trade areas such as the ASEAN Plus Three (ASEAN + China, South Korea and Japan). [49]
Launched on March 24, 1994 in Davao City, [5] BIMP-EAGA was formed by Brunei Darussalam, Indonesia, Malaysia and the Philippines to generate balanced and inclusive growth. As a sub-region of the Association of Southeast Asian Nations, it aims to contribute to regional economic integration in the ASEAN Economic Community.
The ASEAN-China Free Trade Area. The China-Indochina Peninsula economic corridor (CICPEC) is an economic corridor initiated in 2010 and incorporated later into the Belt and Road Initiative. [1] It was known before as the Nanning-Singapore Economic Corridor.
Commonwealth of Independent States Agreement on Free Trade in Services, Establishment, Operations and Investment; Commonwealth of Independent States Agreement on the Establishment of a Free Trade Area; Commonwealth of Independent States Treaty on Free Trade Area; Comprehensive and Progressive Agreement for Trans-Pacific Partnership
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.