When Was The Asean Trade In Goods Agreement (Atiga) Signed

Efforts to close the development gap and expand trade among ASEAN members are key points in the political debate. According to a research letter published in 2008 by the World Bank as part of its Trade Costs and Facilitation Project[11], ASEAN members have the potential to reap significant benefits by investing in further trade facilitation reforms as a result of the comprehensive tariff reform already implemented under the ASEAN Free Trade Agreement. Although these national customs and trade authorities coordinate with each other, disputes may arise. The ASEAN Secretariat does not have the legal authority to resolve such disputes, so disputes are resolved bilaterally through informal means or through dispute settlement. The ASEAN Free Trade Area (AFTA)[1] is a trade bloc agreement of the Association of Southeast Asian Nations that supports local trade and production in all ASEAN countries and facilitates economic integration with regional and international allies. [2] [3] [4] It is considered one of the largest and most important free trade areas (FTAs) in the world and, together with its network of dialogue partners, has promoted some of the world`s largest multilateral forums and blocs, including the Asia-Pacific Economic Cooperation, the East Asia Summit and the Regional Comprehensive Economic Partnership. [5] [6] [7] [8] T92 [10] (i) if the goods have a regional value content of at least 40% – determined by one of the two methods described in the following infographic. According to ATIGA, goods classified as „originating products“ are entitled to the benefits of tariff reductions. ASEAN national authorities have also always been reluctant to share or cede their sovereignty to the authorities of other ASEAN members (although ASEAN trade ministries regularly conduct cross-border visits to carry out on-site inspections during anti-dumping investigations). Unlike the EU or NAFTA, joint compliance teams and violation investigations are not widespread. Instead, ASEAN national authorities must rely on the review and analysis of other ASEAN national authorities to determine whether EAFTA measures such as the Rule of Origin are being followed.

There may be differences of opinion between national authorities….