In essence, although known as the "economic community", AEC substance can not be regarded as an economic community cohesion, such as the European Economic Community by AEC no strict organizational structure and the bindings with specific implementation roadmap. AEC substantially towards the target of ASEAN countries through gradual implementation above target 04 (of which only 1 goal is to be implemented comprehensively and fully through the pact and draft binding agreement, the only remaining objective in the construction stops route and perform a number of regional initiatives. AEC is a process of regional economic integration, not an agreement or agreements with the bindings substance.
2. Contents of AEC:
The following summary presents some trade agreement was signed in the framework of ASEAN and aims to implement AEC:
2.1 Agreement on Trade in Goods ASEAN (ATIGA)
ATIGA 2010, formerly known as Preferential Tariff Agreement on Common Effective (CEPT / AFTA) was implemented in 1992.
The objective of this Agreement is to achieve the free movement of goods in ASEAN as one of the main instruments to build a single market and production base towards overall economic integration in the region deeper towards implementation of the ASEAN Economic Community (AEC) in 2015.
ATIGA is the first comprehensive agreement by the whole ASEAN adjusted merchandise trade within the block and is built on the basis of general commitment to reduce / eliminate tariffs were agreed in CEPT / AFTA the agreements and protocols involved.
The principles build ATIGA's commitment in ASEAN must grant each other preferential rate equivalent or more favorable preferential rates for the partner country in the agreement free trade (FTA) that ASEAN is a party to the agreement.
Vietnam joined ASEAN in 1995 but in 1999 began implementing CEPT and later ATIGA.
Roadmap tax cuts of the participating countries ATIGA in general and Vietnam in particular:
According ATIGA, by 2010 the ASEAN-6 countries must eliminate import tariffs for 100% of tariff lines IL; retaining only some tariff lines GEL
CLMV group countries (including Cambodia, Laos, Myanmar and Vietnam) 2015 must be removed completely new import duties on the list but is flexible IL retain tariffs on 7% of tariff lines to 2018
, 1999 to 2015, Vietnam has cut / eliminate import tariffs to 0-5% to about 90% of tariff lines, just keep flexibility for 7% of tariff lines are re-calculated to 2018, 3% tax on the list of GEL not eliminate tariffs but tariffs have fallen below 5%.
From 2018 Vietnam only maintained import duties with a maximum tax rate 5% to around 3% of tariff lines, including most of the sensitive agricultural commodities SL.
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