Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area

E136851

The Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area is the foundational ASEAN treaty that establishes a system of reduced tariffs among member states to promote regional trade liberalization and economic integration.

All labels observed (5)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf ASEAN treaty
free trade area agreement
international trade agreement
aimsTo attract foreign direct investment into ASEAN
eliminate intra-regional tariff barriers over time
enhance competitiveness of ASEAN as a production base for the world market
appliesTo ASEAN member states
linked to: ASEAN member state

intra-ASEAN trade in goods
beneficiary exporters within ASEAN member states
importers within ASEAN member states
characteristic creates a common preferential tariff framework within ASEAN
foundational treaty for the ASEAN Free Trade Area (AFTA)
componentOf ASEAN Free Trade Area (AFTA)
designedBy Association of Southeast Asian Nations (ASEAN)
economicEffect increase in intra-ASEAN trade flows
reduction of trade costs within ASEAN
support for regional production networks in ASEAN
establishes ASEAN Free Trade Area tariff reduction mechanism
Common Effective Preferential Tariff (CEPT) Scheme
frameworkFor subsequent ASEAN trade and economic agreements
fullName Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
governs preferential tariff treatment among ASEAN members
implementedBy ASEAN member state governments
legalBasisFor implementation of the ASEAN Free Trade Area (AFTA)
legalNature binding treaty among ASEAN member states
mechanism gradual reduction of tariffs to agreed preferential levels
phased inclusion of products into tariff reduction schedules
organization Association of Southeast Asian Nations (ASEAN)
policyInstrument lists of products eligible for preferential tariffs
tariff reduction schedules
purpose to promote economic integration in Southeast Asia
to promote regional trade liberalization among ASEAN member states
to reduce intra-ASEAN tariffs on manufactured and processed agricultural products
region Southeast Asia
relatedTo ASEAN economic integration agreements
regional trade agreements in Asia
requires member states to reduce tariffs on covered products to agreed preferential levels
scope trade in goods among ASEAN member states
shortName CEPT Agreement
CEPT Scheme Agreement
subjectMatter regional economic integration
tariff preferences
trade liberalization
under ASEAN economic cooperation framework

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

ASEAN Free Trade Area legalBasis Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
ASEAN Economic Community relatedAgreement ASEAN Trade in Goods Agreement
linked to: Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area fullName Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area establishes ASEAN Free Trade Area tariff reduction mechanism
linked to: Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
Temporary Exclusion List relatedTo Inclusion List under AFTA
linked to: Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
Highly Sensitive List partOf ASEAN tariff liberalization schedule
linked to: Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area