Trade in services is an important initiative to achieve ASEAN economic integration. In 1995, which was only two years after ASEAN launched the initiative to work towards ASEAN Free Trade Area (AFTA) for trade in goods through the ASEAN Agreement on Common Effective Preferential Trade Scheme under AFTA (CEPT) signed in 1993, ASEAN Member States signed the ASEAN Framework Agreement on Services (AFAS), mandating progressive negotiations on the liberalisation of trade in services. This was also in recognition that intra-ASEAN economic cooperation will strengthen and enhance trade and investment among ASEAN Member State.