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ASEAN: Regional Trends in Economic Integration, Export ... - USITC

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BOX 2.3 <strong>ASEAN</strong>-wide free trade agreements, 2010<br />

FTA partner Description Status<br />

Signed FTAs<br />

Australia and New<br />

Zealand<br />

Ch<strong>in</strong>a<br />

India<br />

Japan<br />

Korea<br />

Trade <strong>in</strong> goods and services;<br />

<strong>in</strong>vestment; economic<br />

cooperation; and legal and<br />

<strong>in</strong>stitutional issues<br />

Trade <strong>in</strong> goods and services;<br />

<strong>in</strong>vestment; trade facilitation<br />

measures; and economic<br />

cooperation <strong>in</strong> areas of <strong>in</strong>terest<br />

Trade <strong>in</strong> goods and services;<br />

<strong>in</strong>vestment; and economic<br />

cooperation<br />

Trade <strong>in</strong> goods and services;<br />

<strong>in</strong>vestment; rules of orig<strong>in</strong>;<br />

sanitary and phytosanitary (SPS)<br />

measures; technical barriers to<br />

trade; dispute settlement<br />

mechanism; and economic<br />

cooperation<br />

Trade <strong>in</strong> goods and services;<br />

<strong>in</strong>vestment; and economic<br />

cooperation <strong>in</strong> areas of <strong>in</strong>terest<br />

Framework Agreement signed <strong>in</strong><br />

November 2004.<br />

FTA with Australia and New Zealand was a<br />

s<strong>in</strong>gle undertak<strong>in</strong>g (cover<strong>in</strong>g goods,<br />

services, and <strong>in</strong>vestment): signed on<br />

February 27, 2009; implementation on<br />

January 1, 2010.<br />

Early Harvest Programme (EHP) entered<br />

<strong>in</strong>to effect on January 1, 2004 for <strong>ASEAN</strong>-6<br />

and Ch<strong>in</strong>a. Duties for EHP products were<br />

fully elim<strong>in</strong>ated as of 2006.<br />

Trade <strong>in</strong> Goods Agreement signed on<br />

November 29, 2004; entered <strong>in</strong>to effect on<br />

July 1, 2005 to reduce tariffs <strong>in</strong> 2005, 2007,<br />

2009, and January 1, 2010.<br />

Trade <strong>in</strong> Services Agreement and<br />

commitments under the First Package<br />

signed on January 14, 2007; entered <strong>in</strong>to<br />

effect on July 1, 2007. Negotiations are<br />

ongo<strong>in</strong>g for the Second Package.<br />

Investment Agreement signed on<br />

August 15, 2009.<br />

Framework Agreement signed on<br />

October 8, 2003.<br />

Trade <strong>in</strong> Goods Agreement signed <strong>in</strong><br />

August 2009, effective January 1, 2010.<br />

Negotiations on trade <strong>in</strong> services and<br />

<strong>in</strong>vestment ongo<strong>in</strong>g (target date of<br />

August 2010 for conclusion).<br />

Framework Agreements signed on<br />

October 8, 2003.<br />

Trade <strong>in</strong> Goods Agreement signed on<br />

April 14, 2008; implemented on<br />

December 1, 2008.<br />

Negotiations on trade <strong>in</strong> services are yet to<br />

commence.<br />

Negotiations on <strong>in</strong>vestment are yet to<br />

commence.<br />

Trade <strong>in</strong> Goods Agreement signed on<br />

August 26, 2006; entered <strong>in</strong>to effect on<br />

June 1, 2007.<br />

Agreement on Trade <strong>in</strong> Services signed on<br />

November 21, 2007; effective May 1, 2009.<br />

Investment Agreement signed on<br />

June 2, 2009.<br />

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