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The ASEAN Free Trade Area (AFTA) [1] is a trade bloc agreement by the Association of Southeast Asian Nations supporting local trade and manufacturing in all ASEAN countries, and facilitating economic integration with regional and international allies. [2][3][4] It stands as one of the largest and most important free trade areas (FTA) in the ...
The Regional Comprehensive Economic Partnership (RCEP / ˈɑːrsɛp / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2] The 15 member countries account for about 30% ...
The Association of Southeast Asian Nations, [c] commonly abbreviated as ASEAN, [d] is a political and economic union of 10 states in Southeast Asia. Together, its member states represent a population of more than 600 million people and land area of over 4.5 million km 2 (1.7 million sq mi). [13] The bloc generated a purchasing power parity (PPP ...
Cross-national cooperation and agreements. Integration is a political and economic agreement among countries that gives preference to member countries to the agreement. [1] General integration can be achieved in three different approachable ways: through the World Trade Organization (WTO), bilateral integration, and regional integration. [1]
Regional Integration is a process in which neighboring countries enter into an agreement in order to upgrade cooperation through common institutions and rules. The objectives of the agreement could range from economic to political to environmental, although it has typically taken the form of a political economy initiative where commercial interests are the focus for achieving broader socio ...
Khu vực mậu dịch tự do Trung Quốc – ASEAN. Indonesian name. Indonesian. Kawasan Perdagangan Bebas ASEAN-Tiongkok. The ASEAN–China Free Trade Area (ACFTA) is a free-trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China.
The ASEAN–European Union relations are the bilateral foreign relations between the two organisations; the European Union (EU), and the Association of Southeast Asian Nations (ASEAN). EU and ASEAN have been interacting with each other on the economic, trade, and political levels for more than four decades. The partnership between the EU and ...
ASEAN (blue) and East Timor (red) Flag of East TimorThe accession of East Timor to the Association of Southeast Asian Nations is a process that started following the independence of the country in 2002 when its leaders stated that it had made a "strategic decision" to become a member state of the Association of Southeast Asian Nations (ASEAN) in the future. [1]