http://fta.miti.gov.my/index.php/pages/view/asean-afta The primary goals of AFTA seek to: Increase ASEAN's competitive edge as a production base in the world market through the elimination, ... of tariffs and non-tariff barriers; and; Attract more foreign direct investment to ASEAN. The primary mechanism for achieving such goals is the Common Effective … See more The ASEAN Free Trade Area (AFTA) 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 … See more 1967 • The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967 when the foreign ministers of Indonesia, Malaysia, … See more The CEPT only applies to goods originating within ASEAN. The general rule is that local ASEAN content must be at least 40% of the FOB value of the good. The local ASEAN content … See more Although these ASEAN national customs and trade authorities co-ordinate among themselves, disputes can arise. The ASEAN Secretariat … See more Unlike the EU, AFTA does not apply a common external tariff on imported goods. Each ASEAN member may impose tariffs on goods entering from outside ASEAN based on its national schedules. However, for goods originating within ASEAN, ASEAN members … See more Administration of AFTA is handled by the national customs and trade authorities in each ASEAN member. The ASEAN Secretariat has authority to monitor and ensure compliance … See more Efforts to close the development gap and expand trade among members of ASEAN are key points of policy discussion. According to a 2008 … See more

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Our Mission and Vision - AFTA

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