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ASEAN–China Free Trade Area

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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. Meanwhile, the average tariff rate on ASEAN goods sold in China decreased from 9.8 to 0.1 percent. By
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on 7,881 product categories, or 90 percent of imported goods, to zero. This reduction took effect in China and the six original members of ASEAN: Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand. The remaining four countries were supposed to follow suit in 2015.
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China first proposed the idea of a free trade area in November 2000. Leaders of ASEAN and China thus decided to explore measures aimed at economic integration within the region In Brunei the following year, they endorsed the establishment of an ASEAN–China Free Trade Area.
358:(Cambodia, Lao PDR, Myanmar, Vietnam) engaged in the same policy on tariffs, with the same goal to achieve by 2015. In 2010, the ASEAN–China Free Trade Area became the largest free trade area in terms of population and third largest in terms of nominal 323:
The first stage implied the 6 first signatories who engaged in the elimination of their tariffs on 90% of their products by 2010. Between 2003 and 2008, trade with ASEAN grew from US$ 59.6 billion to US$ 192.5 billion. China's
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have a combined population of more than 650 million. Indonesia accounts for more than 40 percent of the region's population, and its people have voiced the greatest amount of opposition to the agreement.
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2015, ASEAN's total merchandise trade with China reached $ 346.5 billion (15.2% of ASEAN's trade), and the ACFTA accelerated the growth of direct investments from China and commercial cooperation.
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Amendments for the framework of the free trade area mostly concerned Vietnam. These amendments were designed to assist Vietnam lower tariffs and put forth dates as guidelines.
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businesses operating in the markets of Southeast Asia that share common family and cultural ties. ASEAN members and the People's Republic of China had a combined
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Wattanapruttipaisan, Thitapha (April 2003). "ASEAN—China Free Trade Area: Advantages, Challenges, and Implications for the Newer ASEAN Member Countries".
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The Bamboo Network: How Expatriate Chinese Entrepreneurs are Creating a New Economic Superpower in Asia
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in the 21st century has led to an increase of foreign investments in the
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Once the 6 first signatories accomplished their goal by 2010, the
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China-India Regional Trade Arrangement Joint Feasibility Study
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Premier of the State Council of the People's Republic of China
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The framework agreement was signed on 4 November 2002 in
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Martin Kessler Books, Free Press. pp.  85: 71: 8: 1812:China–Japan–South Korea Free Trade Agreement 1557:Documents on the ASEAN–China Free Trade Area 1226:"ASEAN's Free Trade Agreements: An Overview" 1777:Regional Comprehensive Economic Partnership 1562:ASEAN-China Free Trade Area Business Portal 1787:Free Trade Area of the Asia-Pacific Region 1740: 1643: 1613: 1599: 1591: 94: 157:Khu vực mậu dịch tự do Trung Quốc – ASEAN 1376:"China and Asean free trade deal begins" 1332:equivalent to US$ 11.4 trillion by 1032:Richardson, Michael (27 November 2000). 972:Economic Cooperation Framework Agreement 176:Kawasan Perdagangan Bebas ASEAN-Tiongkok 1024: 1400: 1398: 1348:"Biggest regional trade deal unveiled" 1300:Murray L Weidenbaum (1 January 1996). 1224:Vasundhara Rastogi (7 December 2017). 1197: 1178:de Castro, Isagani (6 November 2002). 202:Association of Southeast Asian Nations 131: 31: 7: 1405:Coates, Stephen (31 December 2009). 1108:Institute of Southeast Asian Studies 1833:China-Colombia Free Trade Agreement 1575:Xinhua News Agency's CAFTA coverage 1522:Ten Kate, Daniel (1 January 2010). 994:Nanning-Singapore Economic Corridor 200:among the ten member states of the 1407:"ASEAN-China open free trade area" 1065:Asmoro, Andry (23 December 2009). 228:, by eleven heads of government.: 25: 1374:Walker, Andrew (1 January 2010). 1281:Quinlan, Joe (13 November 2007). 1155:. 5 November 2002. Archived from 389:The free trade agreement reduced 54: ASEAN–China Free Trade Area 1622: 1443:. 6 October 2003. Archived from 1180:"'Big brother' China woos ASEAN" 900: 858: 816: 762: 716: 673: 627: 585: 543: 501: 459: 362:. It was also the third largest 117:Zhōngguó-Dōngméng Zìyóu Màoyì Qū 44: 18:ASEAN–China Free Trade Agreement 1346:Brown, Kevin (1 January 2010). 1253:Gooch, Liz (31 December 2009). 1939:Free trade agreements of China 1796:Southern African Customs Union 1583:China Asean Free Trade website 1567:China's official CAFTA website 372:North American Free Trade Area 130: 116: 86: 72: 1: 978:List of free trade agreements 933: 928: 891: 886: 849: 844: 795: 790: 749: 744: 707: 702: 660: 655: 618: 613: 576: 571: 534: 529: 492: 487: 286:President of the Philippines 983:ASEAN–India Free Trade Area 925: 922: 919: 883: 880: 877: 841: 838: 835: 787: 784: 781: 741: 738: 735: 699: 696: 693: 652: 649: 646: 610: 607: 604: 568: 565: 562: 526: 523: 520: 484: 481: 478: 294:Prime Minister of Singapore 190:ASEAN–China Free Trade Area 35:ASEAN–China Free Trade Area 1970: 1954:Foreign trade of Singapore 1909:Economy of the Philippines 910:People's Republic of China 401: 302:Prime Minister of Thailand 270:Prime Minister of Malaysia 246:Prime Minister of Cambodia 206:People's Republic of China 1845: 1204:: CS1 maint: unfit URL ( 351:6 trillion in 2008. 310:Prime Minister of Vietnam 182: 93: 43: 39: 1944:2010 in economic history 1806:Gulf Cooperation Council 81:Traditional Chinese 1100:ASEAN Economic Bulletin 282:Gloria Macapagal Arroyo 278:Prime Minister of Burma 67:Simplified Chinese 368:European Economic Area 345:gross domestic product 262:Prime Minister of Laos 254:President of Indonesia 250:Megawati Soekarnoputri 175: 156: 974:(between ROC and PRC) 962:Chiang Mai Initiative 957:ASEAN Free Trade Area 404:ASEAN Free Trade Area 27:Asian free-trade area 1914:Economy of Singapore 1894:Economy of Indonesia 1411:Agence France-Presse 330:major economic power 1919:Economy of Thailand 1904:Economy of Malaysia 1889:Economy of Cambodia 1821:Under consideration 475:Bandar Seri Begawan 258:Bounnhang Vorachith 151:Vietnamese alphabet 1934:2010 introductions 1924:Economy of Vietnam 1884:Economy of Myanmar 1503:. 30 December 2009 1260:The New York Times 1159:on 7 November 2002 1039:The New York Times 452:Official languages 298:Thaksin Shinawatra 1879:Economy of Brunei 1861: 1860: 1841: 1840: 1732: 1731: 1417:on 3 January 2010 1319:978-0-684-82289-1 1230:Aseanbriefing.com 1184:Asia Times Online 940: 939: 469:Brunei Darussalam 443: 430: 429:(2017, U.N. data) 423: 347:of approximately 238:Brunei Darussalam 186: 185: 140: 139: 104:Standard Mandarin 16:(Redirected from 1961: 1949:Free-trade areas 1853:Economy of China 1782:East Asia Summit 1772:ASEAN Plus Three 1741: 1644: 1629:Trade agreements 1627: 1626: 1615: 1608: 1601: 1592: 1587: 1579: 1571: 1545: 1544: 1542: 1540: 1519: 1513: 1512: 1510: 1508: 1491: 1485: 1484: 1482: 1480: 1475:. 2 January 2010 1472:The Jakarta Post 1463: 1457: 1456: 1454: 1452: 1433: 1427: 1426: 1424: 1422: 1413:. 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Index

ASEAN–China Free Trade Agreement

Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
IPA

Vietnamese alphabet
Indonesian
free-trade area
Association of Southeast Asian Nations
People's Republic of China
Phnom Penh
Cambodia
Hassanal Bolkiah
Sultan
Brunei Darussalam
Hun Sen
Prime Minister of Cambodia
Megawati Soekarnoputri
President of Indonesia
Bounnhang Vorachith
Prime Minister of Laos
Mahathir Mohamad
Prime Minister of Malaysia
Than Shwe
Prime Minister of Burma
Gloria Macapagal Arroyo
President of the Philippines

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