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Harmonisation of Tariff Nomenclature, Customs Valuation and Procedures

Tariff nomenclature, customs valuation and procedures can be classified as ‘non-border’ areas of cooperation. These are an essential part of any free trade arrangement being part of the technical, administrative and regulatory aspects of trade. Their harmonisation would contribute to the smooth

AFTA and National AFTA Units

The 26th ASEAN Economic Ministers Meeting had agreed to establish an AFTA Unit in the ASEAN Secretariat and National AFTA Units in respective Member Governments. This is to create the necessary institutional infrastructure to support the implementation of the CEPT Scheme for AFTA. The primary objec

Cooperation in Intellectual Property

Intellectual property protection has become a very important issue in international economic relations. Increasingly, the developed countries are treating intellectual property rights as a precondition of meaningful trade negotiations with developing countries, as exemplified by the recent trade di

Questions and Answers on AFTA

Q1. How does one determine the 40% ASEAN cumulative content.The formula for 40% ASEAN cumulative content is as follows:

Value of Imported        +    Value ofNon-ASEAN Materials,        Undetermined OriginParts or Produce

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