ASEAN Free Trade Area
When the AFTA agreement was originally signed, ASEAN had six members, namely, Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand.ASEAN members have agreed to enact zero tariff rates on virtually all imports by 2010 for the original signatories, and 2015 for the CMLV countries.Difficulties have sometimes arisen regarding the evidentiary proof to support the claim, as well as how ASEAN national customs authorities can verify Form D submissions.If these efforts are ineffective, they may ask SEOM (Senior Economic Officials Meetings) to establish panel of independent arbitrators to review the dispute.This discourages ASEAN members from invoking the Protocol, and often they seek dispute resolution in other fora such as the WTO or even the International Court of Justice.The ASEAN Secretary General has listed dispute resolution as requiring necessary reform for proper administration of AFTA and the AEC.By contrast, cutting applied tariffs in all ASEAN members to the regional average in Southeast Asia would increase intra-regional trade by about 2% ($6.3 billion).[25] Countries that agree to eliminate tariffs among themselves: Regular Observers The most recent ASEAN meeting was observed also by: An International treaty titled: Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) signed in Cha-am, Phetchaburi, Thailand on 27 February 2009 created a free trade area between ASEAN nations, Australia and New Zealand.
ASEAN
Countries with which ASEAN has free trade agreements
trade blocAssociation of Southeast Asian Nationsfree trade areas (FTA)Asia-Pacific Economic CooperationEast Asia SummitRegional Comprehensive Economic PartnershipBruneiIndonesiaMalaysiaPhilippinesSingaporeThailandVietnamMyanmarCambodiatariffsforeign direct investmentASEAN Summitcommon external tariffWorld BankTrade Costs and Facilitation ProjectPapua New GuineaTimor-LesteSouth KoreaRussiaAustraliaNew ZealandInternational treatyCha-amPhetchaburiASEAN–Australia–New Zealand Free Trade AreaANZCERTAASEAN–China Free Trade AreaASEAN–India Free Trade AreaComprehensive Economic Partnership for East AsiaWayback MachineJohn S. WilsonThe Jakarta PostAssociation of Southeast Asian Nations (ASEAN)CharterFounding documentOrganisationsSecretary GeneralTreaty of Amity and CooperationVisa policiesAnthemEmblemMembersObserversEast TimorstatusASEAN–Republic of Korea Commemorative SummitASEAN–India Commemorative SummitASEAN Regional ForumAsia–Europe MeetingSportsSEA GamesUniversity GamesSchool GamesPara GamesFootball FederationFootball ChampionshipArmies Rifle MeetAsian Monetary UnitChiang Mai InitiativeASEAN–Australia Development Cooperation ProgramCentre for BiodiversityDisaster Relief ExerciseSmart Cities NetworkHuman RightsASEAN Human Rights DeclarationRights of WomenCommon TimeASEAN RiseEU relationsOutstanding Scientist and Technologist AwardAirportCities by populationMinimum wageMountainsStock exchangesSubdivisions by GDPUniversities