ASEAN Free Trade Area and ASEAN–China Free Trade Area

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Difference between ASEAN Free Trade Area and ASEAN–China Free Trade Area

ASEAN Free Trade Area vs. ASEAN–China Free Trade Area

The ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries. The ASEAN–China Free Trade Area (ACFTA), also known as China–ASEAN Free Trade Area is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China.

ASEAN Free Trade Area

The ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries.

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ASEAN–India Free Trade Area

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 India.

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Association of Southeast Asian Nations

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising ten Southeast Asian countries that promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration amongst its members, other Asian countries, and globally.

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Brunei

Brunei, officially the Nation of Brunei, the Abode of Peace (Negara Brunei Darussalam, Jawi), is a sovereign state located on the north coast of the island of Borneo in Southeast Asia.

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Cambodia

Cambodia (កម្ពុជា, or Kampuchea:, Cambodge), officially known as the Kingdom of Cambodia (ព្រះរាជាណាចក្រកម្ពុជា, prĕəh riəciənaacak kampuciə,; Royaume du Cambodge), is a sovereign state located in the southern portion of the Indochina peninsula in Southeast Asia.

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Chiang Mai Initiative

The Chiang Mai Initiative (CMI) is a multilateral currency swap arrangement among the ten members of the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (including Hong Kong), Japan, and South Korea.

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Comprehensive Economic Partnership for East Asia

The Comprehensive Economic Partnership for East Asia (CEPEA) is a Japanese led proposal for trade co-operation, free trade agreement, among the 16 present member countries of the East Asia Summit.

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Indonesia

Indonesia (or; Indonesian), officially the Republic of Indonesia (Republik Indonesia), is a transcontinental unitary sovereign state located mainly in Southeast Asia, with some territories in Oceania.

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Laos

Laos (ລາວ,, Lāo; Laos), officially the Lao People's Democratic Republic (Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ, Sathalanalat Paxathipatai Paxaxon Lao; République démocratique populaire lao), commonly referred to by its colloquial name of Muang Lao (Lao: ເມືອງລາວ, Muang Lao), is a landlocked country in the heart of the Indochinese peninsula of Mainland Southeast Asia, bordered by Myanmar (Burma) and China to the northwest, Vietnam to the east, Cambodia to the southwest and Thailand to the west and southwest.

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Malaysia

Malaysia is a federal constitutional monarchy in Southeast Asia.

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Myanmar

Myanmar, officially the Republic of the Union of Myanmar and also known as Burma, is a sovereign state in Southeast Asia.

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Philippines

The Philippines (Pilipinas or Filipinas), officially the Republic of the Philippines (Republika ng Pilipinas), is a unitary sovereign and archipelagic country in Southeast Asia.

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Singapore

Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia.

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Tariff

A tariff is a tax on imports or exports between sovereign states.

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Thailand

Thailand, officially the Kingdom of Thailand and formerly known as Siam, is a unitary state at the center of the Southeast Asian Indochinese peninsula composed of 76 provinces.

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The Jakarta Post

The Jakarta Post is a daily English language newspaper in Indonesia.

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Vietnam

Vietnam, officially the Socialist Republic of Vietnam, is the easternmost country on the Indochina Peninsula in Southeast Asia.

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