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The Regional Comprehensive Economic Partnership ( RCEP / ˈɑːrsɛp / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [ 2] The 15 member countries account for about 30 ...
The ASEAN Free Trade Area ( AFTA) [ 1] is a trade bloc agreement by the Association of Southeast Asian Nations supporting local trade and manufacturing in all ASEAN countries, and facilitating economic integration with regional and international allies. [ 2][ 3][ 4] It stands as one of the largest and most important free trade areas (FTA) in ...
The ASEAN–India Free Trade Area ( AIFTA) is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the Republic of India. The initial framework agreement was signed on 8 October 2003 in Bali, Indonesia. [ 1] and the final agreement was on 13 August 2009. [ 2]
The Indonesia–Australia Comprehensive Economic Partnership Agreement ( IA-CEPA; Indonesian: Perjanjian Kemitraan Ekonomi Komprehensif Indonesia–Australia) is a bilateral agreement signed between Australia and Indonesia in March 2019, ratified by Australia in November 2019 and Indonesia in February 2020. The agreement contains a free trade ...
A comprehensive economic partnership agreement (CEPA) is a free trade agreement between two countries.
The Indonesia–Japan Economic Partnership Agreement is a bilateral agreement signed between Indonesia and Japan on 20 August 2007 and having been in force since 1 July 2008. Initiated by Japanese Prime Minister Junichiro Koizumi, it was Indonesia's first bilateral free trade agreement. Since 2013, Indonesia has requested a review of the terms ...
People's Republic of China is negotiating or is planning bilateral agreements with the following countries and blocs: Gulf Cooperation Council (GCC) – China–GCC Free Trade Agreement. Israel – China–Israel Free Trade Agreement. China–Japan–Korea Free Trade Agreement. Norway – China–Norway Free Trade Agreement.
The free trade agreement reduced tariffs on 7,881 product categories, or 90 percent of imported goods, to zero. [15] This reduction took effect in China and the six original members of ASEAN: Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand.