This Fourth Volume of' the AFTA Reader focuses on the latest decisions on the CEPT Scheme for AFTA announced at the Fifth ASEAN Summit in December 1995 in Bangkok, Thailand. The Summit endorsed Member Countries' revised ten-year tariff reduction schedules and announced various trade facilitation measures, particularly, the elimination of non-tariff barriers, harmonization of customs and product standards. In addition, decisions were also made to explore ways to further accelerate AFTA to the year 2000 and to eliminate all tariffs by the year 2003. Important documents on AFTA were signed at the Summit; these are reproduced in this Volume and their significance explained. This Volume also highlights the progress made in the implementation of the CEPT Scheme for AFTA since the Summit. Particularly with respect to the inclusion of unprocessed agricultural products. A Milestone has been achieved with the agreement to phase in all agricultural products by the year 2010. This makes the CEPT Agreement one of' the most comprehensive free trade arrangements in the world and reflects the seriousness of ASEAN Governments in moving towards achieving AFTA.