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ASEAN–Australia Development Cooperation Program. The ASEAN–Australia Development Cooperation Program (AADCP, or AADCP II) is a seven-year program jointly managed by the ASEAN Secretariat and the Australian Agency for International Development (AusAID—aimed at helping ASEAN establish a regional Economic Community by 2015.
The Regional Comprehensive Economic Partnership (RCEP / ˈɑːrsɛp / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2] The 15 member countries account for about 30% ...
The ASEAN Free Trade Area (AFTA) [1] is a trade bloc agreement by the Association of Southeast Asian Nations supporting local trade and manufacturing in all ASEAN countries, and facilitating economic integration with regional and international allies. [2][3][4] It stands as one of the largest and most important free trade areas (FTA) in the ...
The Association of Southeast Asian Nations, [c] commonly abbreviated as ASEAN, [d] is a political and economic union of 10 states in Southeast Asia. Together, its member states represent a population of more than 600 million people and land area of over 4.5 million km 2 (1.7 million sq mi). [13] The bloc generated a purchasing power parity (PPP ...
The APEC Business Advisory Council (ABAC) was created by the APEC Economic Leaders in November 1995 with the aim of providing advice to the APEC Economic Leaders on ways to achieve the Bogor Goals and other specific business sector priorities, and to provide the business perspective on specific areas of co-operation. [49] [50]
It has been regularly elected a member of the Economic and Social Council most recently for 2020–22, a member of the United Nations Human Rights Council in 2018-20 and its predecessor the UN Commission on Human Rights in the 1990s. Australia takes a prominent part in many other UN activities, including peacekeeping, disarmament negotiations ...
Indonesian economic observers remarked that the free trade agreement may lead to increased imports of agricultural products, primarily Australian beef, which may displace the local cattle industry. [21] The Australian Labor Party has also questioned the treaty's clauses on investor-state disputes and on temporary Indonesian work in Australia. [22]
ASEAN–Japan Comprehensive Economic Partnership (AJCEP), in effect as of 1 December 2008 [10] ASEAN–Korea Free Trade Area (AKFTA), in effect as of 1 January 2010 [ 11 ] ASEAN–Australia–New Zealand Free Trade Area ( AANZFTA ), in effect as of 1 January 2010 [ 12 ]