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The ASEAN Charter is intended to bolster the ASEAN Secretariat's ability to ensure consistent application of AFTA measures. ASEAN national authorities have also been traditionally reluctant to share or cede sovereignty to authorities from other ASEAN members (although ASEAN trade ministries routinely make cross-border visits to conduct on-site ...
The Economic Research Institute for ASEAN and East Asia or ERIA is an international organization established in Jakarta, Indonesia in 2008 by a formal agreement among Leaders of 16 countries in the East Asian region to conduct research activities and make policy recommendations for further economic integration in the East Asia.
The Association of Southeast Asian Nations, [d] commonly abbreviated as ASEAN, [e] 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). [14]
Second level subdivisions of Indonesia is regency (kabupaten) and city (kota). This subdivisions is a local level of government beneath the provincial level. However, they enjoy greater decentralisation of affairs than the provincial body, such as provision of public schools and public health facilities.
Each of regencies and cities has their own local government and legislative body. The difference between a regency and a city lies in demography, size, and economy. Generally, a regency comprises a rural area larger than a city, but also often includes various towns. A city usually has non-agricultural economic activities.
By 2015, ASEAN's total merchandise trade with China reached $346.5 billion (15.2% of ASEAN's trade), and the ACFTA accelerated the growth of direct investments from China and commercial cooperation. [6] In November 2022, China and ASEAN jointly announced the official start of the China-ASEAN FTA 3.0 negotiations.
Logo of the RCEP. The Regional Comprehensive Economic Partnership (RCEP / ˈ ɑː r s ɛ p / 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 Council was created in response to a request from the ASEAN governments at the ASEAN-US dialogue of 1984. First known as the "US-ASEAN Center for Technology Exchange," the Council's mission was to enhance trade and investment opportunities for US companies in ASEAN, and to increase the ASEAN countries' access to US sources of technology and training.