1 / 7

ASEAN Trade in Goods Agreement (ATIGA)

ASEAN Trade in Goods Agreement (ATIGA). 25 September 2008. ATIGA - Objective. Set out all necessary measures and commitments to enable ASEAN to achieve free flow of goods Thus creating a single market and production base by 2015 as one of the key pillars of the ASEAN Economic Community.

jessie
Download Presentation

ASEAN Trade in Goods Agreement (ATIGA)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ASEAN Trade in Goods Agreement (ATIGA) 25 September 2008

  2. ATIGA - Objective • Set out all necessary measures and commitments to enable ASEAN to achieve free flow of goods • Thus creating a single market and production base by 2015 as one of the key pillars of the ASEAN Economic Community

  3. ATIGA - Rationale • Developed in an effort to consolidate all existing initiatives relevant to the movement of goods into one comprehensive document • Preserved the existing principles and commitments related to trade in goods under existing initiatives and related Agreements/Protocols.

  4. ATIGA – Features and Value-Add • Comprehensive coverage • Consolidated and streamlined rights and obligations • Most-favoured nation treatment • Full tariff reduction schedules • Streamlined and unified provisions on modification of concessions and trade remedies • Non-tariff measures • Trade facilitation and related chapters • Trade repository

  5. ATIGA – Features and Value-Add • Issuance of Legal Enactments • ATIGA provides for the issuance of a single legal enactment for the whole tariff reduction schedule • No later than 90 days for ASEAN 6 and 6 months after entry into force for CLMV • Would have retroactive effect from 1 January of the year of entry into force • In case where single legal enactment cannot be issued, legal enactment would be issued 3 months before tariff reduction takes into effect

  6. ATIGA – Current Status • Draft text substantially concluded/legally scrubbed • Considered and endorsed by the 22nd AFTA Council, 26 August 2008 • Signing by 14th ASEAN Summit, December 2008

  7. ATIGA – Pending Commitments • 2010 CEPT Package • Tariffs of remaining 20% of products in the Inclusion List to be eliminated • Except products contained in the Protocol on the Special Arrangement for Sensitive/Highly Sensitive Products

More Related