WebA GUIDE TO UNDERSTANDING THE ASEAN-CHINA FREE TRADE AREA UPGRADE ABOUT THE ASEAN-CHINA FREE TRADE AREA UPGRADE The Protocol to Amend the Framework Agreement on Comprehensive Economic Cooperation and Certain Agreements between ASEAN and the People’s Republic of China (hereinafter referred to as the … WebEffective 1 January 2010, the ACFTA called for the elimination of all tariffs on 6,682 tariff posts in 17 sectors: 12 in manufacturing and 5 in the agriculture, mining, and maritime sectors. The ACFTA envisages all tariff barriers being lowered and eliminated by dividing them into either a Normal Track or a Sensitive Track.
Implications of ASEAN-China Free Trade Agreement (ACFTA)
WebThe reciprocal tariff rate treatment of tariff lines placed by an exporting Party in the Sensitive Track, while the same tariff lines are placed by the importing Party in the Normal Track or in the Early Harvest Programme, shall be governed by the following conditions: (i) the tariff rate for a tariff line placed by an exporting Party in the … WebOnce the 6 first signatories accomplished their goal by 2010, the CLMV countries (Cambodia, Lao PDR, Myanmar, Vietnam) engaged in the same policy on tariffs, with … marco mellano oculista
ASEAN–China Free Trade Area - Wikipedia
Webchallenges of the ASEAN-China Free Trade Area – ACFTA (Chia, 2005; Tongson, 2005). The biggest challenge of the ACFTA according to these studies is the risk of job losses due to increasing competition among the ASEAN countries. If the job losses really happen, then the realization of the ACFTA will only reduce the welfare http://www.asean-cn.org/index.php?m=content&c=index&a=show&catid=274&id=97 WebThe following E.O.s implement the Philippines’ tariff commitments under the AKFTA: (1) E.O. 638 (s. 2007) – Reciprocal tariff rate treatment on tariff lines included in Sensitive … marco melzer