the peasant group Kilusang Magbubukid ng Pilipinas (KMP) picketed the Department of Agriculture opposing the planned participation of the Philippines to next year’s ASEAN integration, calling it “a mockery of World Food Day and gateway to intense land-grabbing, hunger, and poverty.”
Billionaire Anthoni Salim’s First Pacific Co. is seeking to buy sugar companies in the Philippines to expand its footprint in Southeast Asia and tap opportunities from a free-trade agreement in the region.
Jayant Menon discusses the trade policy challenges faced by Cambodia, Lao PDR, Myanmar and Viet Nam (CLMV)—the newest members of ASEAN. The paper concludes that the multilateralised single-rate system is a better alternative to the multiple-rate system and thus suggests that CLMV countries should follow the original ASEAN members and multilateralize their CEPT tariff preferences. It encourages both old and new members to do the same, especially in the context of proliferating ASEAN+1 FTAs
Undeniably, we’re heading towards the globalization of world trade. At the same time countries face challenges other than globalization: regionalism and bilateralism. Indonesia simultaneously faces different levels of trade liberalization, whether at the global (World Trade Organization or WTO), regional (ASEAN Free Trade Area or AFTA) or bilateral level (such as with Australia).
The Philippines is now negotiating for a slower reduction in tariffs for rice traded under a free-trade scheme among members of the Association of Southeast Asian Nations (Asean).
A new agreement to further strengthen the Common Effective Preferential Tariff-Asean Free Trade Area Agreement 1992 or CEPT-AFTA, has been drawn up and is expected to be signed at the 14th Asean Summit in Thailand.
Malaysia has met its commitments on tariff reduction and elimination and opening up the services sector in the Asean region, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said Sunday.
Carcar City's shoemakers are looking with dread at 2010, the year the Association of Southeast Asian Nations (Asean)-China Free Trade Area is set to be created.
‘Jamu' or medicinal herb tonic producers in the Southeast Asian (SEA) region are making efforts to standardize their commodities in the face of the advent of the Asean Free Trade Area (AFTA), an Indonesian jamu businessman said.