Free Trade Agreement Malaysia China

Asean has bilateral agreements with the following countries and blocs.

Free trade agreement malaysia china. Asean korea free trade area akfta in effect as of 1 january 2010. The protocol to amend the asean china trade in services agreement for the 2nd package of commitments was signed on 16 november 2011. Currently malaysia has seven bilateral free trade agreements ftas with the following countries. Fifteen asia pacific nations including china aim to clinch the world s largest free trade agreement this.

Malaysia european union. A free trade agreement fta is an international agreement between two or more countries to reduce or remove trade barriers and bring closer economic integration. What is an fta. Rcep is a free trade deal between 10 member asean.

Australia chile india japan new zealand pakistan and turkey. Malaysia offers 30 new sub sectors and improvements in 2 sub sectors. Asean free trade area. Brunei indonesia malaysia the philippines singapore and thailand.

Malaysia s free trade agreements. This reduction took effect in china and the six original members of asean. Malaysia new zealand. Asean japan comprehensive economic partnership ajcep in effect as of 1 december 2008.

The free trade agreement reduced tariffs on 7 881 product categories or 90 percent of imported goods to zero. Singapore icis china and fourteen other countries are set to sign the regional comprehensive economic partnership rcep trade agreement on 15 november which aims to progressively cut tariffs and further market access for goods and services. Sort by status notification to the wto type either bilateral or plurilateral or by regional groupings. A monitoring database on free trade agreement developments with asia pacific economies.

While at the asean level malaysia has 6 regional ftas with asean free trade agreement afta china korea japan australia new zealand and india. Abandoned the china backed trade. Acfta asean china free trade agreement. The entry into force of the protocol is on 1 january 2012.

Asean china free trade area acfta in effect as of 1 january 2010. The asean china framework agreement on comprehensive economic cooperation was signed at the 6th asean china summit in november 2002 and the full establishment of asean china fta in january 2010 has provided a strong foundation for the enhancement of asean china economic relations. Malaysia s trade minister azmin ali told. Asean india free trade area aifta in effect as of 1 january 2010.