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ASEAN-China: Agreement on Trade in Goods. Signed in 2004 by the ASEAN Economic Ministers and China’s Minister of Commerce Implementation began on 1 July 2005 for ASEAN (Brunei Darussalam, Indonesia, Myanmar, Malaysia, Singapore, and Thailand) and China

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asean china agreement on trade in goods
ASEAN-China: Agreement on Trade in Goods
  • Signed in 2004 by the ASEAN Economic Ministers and China’s Minister of Commerce
  • Implementation began on 1 July 2005 for ASEAN (Brunei Darussalam, Indonesia, Myanmar, Malaysia, Singapore, and Thailand) and China
  • Covers substantial reduction or elimination of tariffs and other barriers to establish the ASEAN-China Free Trade Area (ACFTA) by 2010, under the following tracks:
    • Normal Track – 2005-2010, with flexibility up to 2012
    • Sensitive Track – 2012 up to 2018
sensitive track tariff reduction elimination modality
Sensitive Track: Tariff Reduction/Elimination Modality

ASEAN-6 and China

  • Two tracks : Sensitive (SL) and highly sensitive items (HSL)
  • Initial target : For SL, tariffs will be reduced to 20% in 2012

: For HSL, no commitment in 2012

  • Ending rate : 0-5% (SL)

: 50% (HSL)

  • Ending date : 2018 (SL)

: 2015 (HSL)

  • Article 17(2) : Review ST in 2008 with a view to improving market access condition of sensitive products, including further possible reduction of the number of products in the ST
asean china fta executive orders
ASEAN-China FTA:Executive Orders
  • Executive Order No. 485 (29 December 2005) implements EHP concessions
  • Executive Order No. 487 (12 January 2006) implements first tranche of tariff reduction under NT, i.e. 2005 – 2008
  • Executive Order No. 613 (17 April 2007) implements second tranche of tariff reduction under NT, i.e., 2007-2008
  • Executive Order No. 618 (23 April 2007) implements reciprocal tariff rate arrangement
asean korea free trade area
ASEAN-Korea Free Trade Area

Trade in Goods (TIG) Agreement

  • Signed in December 2006
  • Provides for the substantial reduction/elimination of tariffs and other barriers to trade by 2010, with flexibility up to 2012
  • Various Tracks
    • Normal Track (2006-2010)
    • Sensitive Track (2012-2016)
asean korea fta executive orders
ASEAN-Korea FTA:Executive Orders
  • Executive Order No. 639 (21 July 2007) implements NT concessions
  • Executive Order No. 638 (21 July 2007) implements reciprocal tariff rate arrangement
contact address
Contact Address

Bureau of International Trade Relations

Department of Trade and Industry

4/F Department of Trade and Industry - International Bldg.

375 Sen. G. Puyat Avenue

Makati City

Tel. No. 897 – 8289 / 897-8292 / 897 – 8290

Fax. No. 890-5149