ASEAN Page

The services sector makes a significant contribution to total output in the economics of the ASEAN Member Countries. As is shown in Table 6, the services sector contributes between 46% to 72% of Gross Domestic Product (GDP). By 1993, the services sector is bigger than the manufacturing sector in al

The third volume of the AFTA Reader focuses on the decisions of the 26th ASEAN Economic Ministers (AEM) Meeting held in September 1994 in Chiang Mai, Thailand and the progress made so far in implementing them. The decisions of the Ministers last September have the effect of accelerating the realisa

The decision of the 26th ASEAN Economic Ministers (AEM) to accelerate the implementation of AFTA front the initial target of 2008 to the year 2003 is a clear indication of the seriousness in which ASEAN regards the achievement of a free trade area in the region. This can be seen as part of ASEAN’

The 1992 CEPT Agreement excluded unprocessed agricultural products from the CEPT Scheme. In Article 1 of the Agreement, unprocessed agricultural products are defined as:

raw materials/unprocessed products covered under Chapters 1-24 of the Harmonised System (HS), and similar agricultural raw mat

The ASEAN economies have achieved consistently high economic growth rates over the past decide and a half . This has been made possible by prudent macroeconomic policies, relatively open and trade investment regimes, and access to developed country export markets. This period has seen a shift in th