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ASEAN Trade in Goods Agreement

2009: Adopted by the Economic Ministers at the 14th ASEAN Summit in Cha-am Thailand on 26th February 2009

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Abstract

The Governments of Brunei Darussalam, the Kingdom of Cambodia, the Republic of Indonesia, the Lao People’s Democratic Republic (Lao PDR), Malaysia, the Union of Myanmar, the Republic of the Philippines, the Republic of Singapore, the Kingdom of Thailand and the Socialist Republic of Viet Nam, Member States of the Association of Southeast Asian Nations (hereinafter collectively referred to as “Member States” or singularly as “Member State”).

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Notes

  1. 1.

    “ASEAN-6” refers to Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore and Thailand.

  2. 2.

    “CLMV” refers to Cambodia, Lao PDR, Myanmar and Viet Nam.

  3. 3.

    A Member State shall be deemed to have “substantial supplying interest” if it has, or because of the tariff concessions, it is to be reasonably expected to have, a significant share of at least twenty percent (20%) of the total import from ASEAN of such products during the past three (3) years in average in the market of the applicant Member State.

  4. 4.

    “Other products” refers to minerals and other naturally occurring substances extracted from the waters, seabed or beneath the seabed outside the territorial waters.

  5. 5.

    For products of sea-fishing obtained from outside the territorial waters (e.g. Exclusive Economic Zone), originating status would be conferred to that Member State with whom the vessels used to obtain such products are registered with and whose flag is flown in the said vessel, and provided that that Member State has the rights to exploit it under international law.

  6. 6.

    In accordance with international law, registration of vessels could only be made in one Member State.

  7. 7.

    In the case of Cambodia, the Agreement on Customs Valuation, as implemented in accordance with the provision of the protocol on the Accession of the Kingdom of Cambodia to the WTO, shall apply mutatis mutandis.

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Riccardi, L., Riccardi, G. (2020). ASEAN Trade in Goods Agreement. In: Invest in ASEAN . Springer, Singapore. https://doi.org/10.1007/978-981-15-5378-3_9

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  • DOI: https://doi.org/10.1007/978-981-15-5378-3_9

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  • Print ISBN: 978-981-15-5377-6

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