ASEAN Free Trade Area

E25390

The ASEAN Free Trade Area is a regional economic agreement among Southeast Asian nations aimed at reducing trade barriers and promoting the free flow of goods within the ASEAN bloc.

All labels observed (7)

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf economic integration arrangement
free trade area
regional trade agreement
abbreviation AFTA
administeredBy ASEAN Economic Ministers
ASEAN Secretariat
aimsTo create a single market for goods in ASEAN
appliesTo Brunei Darussalam
Cambodia
Indonesia
Lao People’s Democratic Republic
linked to: Laos

Malaysia
Myanmar
Philippines
Singapore
Thailand
Viet Nam
beneficiary ASEAN consumers
ASEAN member state exporters
linked to: ASEAN member state
cooperatesWith World Trade Organization rules
coreMechanism Common Effective Preferential Tariff scheme
foundationPlace Singapore
foundedAtEvent Fourth ASEAN Summit
linked to: ASEAN Summit
foundedBy ASEAN member states
goal attraction of foreign direct investment to ASEAN
elimination of non-tariff barriers among ASEAN members
enhancement of ASEAN’s competitiveness as a production base
promotion of free flow of goods within ASEAN
reduction of intra-ASEAN tariffs
hasComponent Highly Sensitive List
Inclusion List
Sensitive List
Temporary Exclusion List
inception 1992
language English
other official ASEAN languages
legalBasis Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area
partOf ASEAN Economic Community framework
Association of Southeast Asian Nations
policyArea trade in goods
policyInstrument rules of origin
safeguard measures
tariff elimination commitments
tariff reduction schedules
precededBy earlier ASEAN preferential trading arrangements
regionServed Southeast Asia
relatedTo ASEAN Trade in Goods Agreement
shortName ASEAN Free Trade Area (AFTA)
signingDate 28 January 1992
signingPlace Singapore
typeOfTariffPreference preferential tariff rates among ASEAN members

How these facts were elicited

Referenced by (12)

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

ASEAN Free Trade Area abbreviation AFTA
linked to: ASEAN Free Trade Area
ASEAN Free Trade Area shortName ASEAN Free Trade Area (AFTA)
linked to: ASEAN Free Trade Area
ASEAN Free Trade Area relatedTo ASEAN Trade in Goods Agreement
linked to: ASEAN Free Trade Area
SAFTA relatedTo ASEAN Free Trade Area
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area componentOf ASEAN Free Trade Area (AFTA)
linked to: ASEAN Free Trade Area
Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area relatedTo ASEAN economic integration agreements
linked to: ASEAN Free Trade Area
Temporary Exclusion List partOf ASEAN Free Trade Area
Temporary Exclusion List implementedUnder ASEAN Free Trade Area agreements
linked to: ASEAN Free Trade Area
Temporary Exclusion List legalBasis ASEAN economic agreements establishing AFTA
linked to: ASEAN Free Trade Area
Highly Sensitive List usedIn ASEAN Free Trade Area