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Given the firm commitment made by the Member Countries on the programme of tariff reduction under the CEPT Scheme, attention has now shifted to non-tariff barriers. Now Article 5 of the CEPT Agreement calls on Member States to “eliminate other non-tariff barriers on a gradual basis within a perio

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

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

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

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