ASEAN Free Trade Area (AFTA)

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Contact Details

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History

28 Jan 1992, Singapore (Singapore), at 4th Summit of Association of South East Asian Nations (ASEAN), on signature of Agreement on the Common Effective Preferential Tariff (CEPT) by Economic Ministers of ASEAN member countries. CEPT Scheme commenced 1 Jan 1993 and is expected to be completed in 2003. Subsequently: Vietnam became a member of ASEAN in July 1995 and started to implement CEPT on 1 Jan 1996; Laos and Myanmar became members in July 1997 and started to implement CEPT on 1 Jan 1998; Cambodia became a member in Apr 1999 and started to implement CEPT on 1 Jan 2000. CEPT was replaced by ASEAN Trade in Goods Agreement (ATIGA), which entered into force May 2010.

Aims

Create an integrated market and production base with a free flow of goods.

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Activities

Politics/policy/regulatory.

Structure

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Relations with Inter-Governmental Organizations

Relations with 1 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Publications

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Members

Members in 10 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Conditions of Trade
  • Government
    • Intergovernmental Communities

UN Sustainable Development Goals **

GOAL 10: Reduced Inequality

UIA Org ID

F5151

Last News Received

2014
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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