Common Effective Preferential Tariff scheme

E136852

The Common Effective Preferential Tariff (CEPT) scheme is a regional tariff-reduction program that lowers import duties among ASEAN member states to promote intra-regional trade and economic integration.

All labels observed (4)

How this entity was disambiguated

Statements (39)

Predicate Object
instanceOf ASEAN economic cooperation mechanism ⓘ
regional trade arrangement ⓘ
tariff reduction scheme ⓘ
abbreviation CEPT ⓘ
administeredBy ASEAN ⓘ
Association of Southeast Asian Nations ⓘ
aimsTo facilitate freer flow of goods within ASEAN ⓘ
reduce trade barriers among ASEAN member states ⓘ
appliesTo ASEAN member states ⓘ
linked to: ASEAN member state

import duties on eligible products ⓘ
basedOn preferential tariff margins among ASEAN members ⓘ
beneficiary ASEAN member exporters ⓘ
ASEAN member importers ⓘ
category preferential trade agreement mechanism ⓘ
economicArea ASEAN single market and production base ⓘ
feature provides lower tariff rates for qualifying ASEAN-origin goods ⓘ
requires rules of origin to determine eligibility ⓘ
fullName Common Effective Preferential Tariff scheme ⓘ
implementedBy national customs authorities of ASEAN member states ⓘ
intendedEffect enhance regional economic integration in ASEAN ⓘ
increase intra-ASEAN trade volume ⓘ
legalNature intergovernmental agreement framework ⓘ
mechanism preferential tariff treatment ⓘ
tariff reduction ⓘ
objective to encourage production specialization within ASEAN ⓘ
to increase competitiveness of ASEAN products within the region ⓘ
to support the creation of an ASEAN Free Trade Area ⓘ
policyInstrument import tariff ⓘ
policyType trade liberalization policy ⓘ
purpose to promote economic integration in Southeast Asia ⓘ
to promote intra-regional trade among ASEAN member states ⓘ
to reduce or eliminate import duties on intra-ASEAN trade ⓘ
region Southeast Asia ⓘ
relatedTo ASEAN Free Trade Area ⓘ
regional economic integration ⓘ
requires member state commitments to reduce tariffs on covered products ⓘ
scope intra-ASEAN trade in goods ⓘ
shortName CEPT scheme ⓘ
linked to: CEPT
tradeBloc ASEAN ⓘ

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 → coreMechanism → Common Effective Preferential Tariff scheme ⓘ
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area → establishes → Common Effective Preferential Tariff (CEPT) Scheme ⓘ
linked to: Common Effective Preferential Tariff scheme
Common Effective Preferential Tariff scheme → fullName → Common Effective Preferential Tariff scheme ⓘ
Temporary Exclusion List → relatedTo → Common Effective Preferential Tariff scheme ⓘ
CEPT Agreement → fullName → Common Effective Preferential Tariff Agreement ⓘ
linked to: Common Effective Preferential Tariff scheme
CEPT Scheme Agreement → fullName → Common Effective Preferential Tariff Scheme Agreement ⓘ
linked to: Common Effective Preferential Tariff scheme