Trade Agreements - east asia
Trade Agreements
People's Republic of China, Hong Kong Closer Economic Partnership
Area of Cooperation
Goods, Services and Trade Facilitation
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
i. The Closer Economic Partnership (CEPA) between the People's Republic of China and Hong Kong is a Free Trade Agreement that allows residents and companies of Hong Kong preferential access to the mainland market. The objectives of the agreement, as stated in the legal document, are to strengthen trade and investment between the two sides and promote development. Both parties meet regularly and add supplements to the agreement. The three main areas CEPA covers involve measures for promotion of trade and investment, opening the mainland market to Hong Kong service providers, and the elimination of tariffs on locally manufactured goods. CEPA also encourages foreign investors to establish businesses in Hong Kong to reap the benefits of both the Hong Kong opportunities as well as those in the mainland.
ASEAN - China Free Trade Area
Area of Cooperation
Consumer and Industrial Products, Agriculture
Sign Date
January 1, 2004
In Force Date
December 31, 1969
Summary
The ASEAN - China Free Trade Agreement will apply in an area involving 1.7 billion consumers, making it the world's largest trading area. The agreement currently establishes a zero-tariff market. The agreement now contains trade in goods, services and dispute settlement. Investment is still under negotiation.
Macao - People's Republic of China Closer Economic Partnership
Area of Cooperation
Goods ( No provisions on Agricultural goods) Services, Trade Facilitation ( Macao has applied zero tariffs on products from the mainland)
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
The Mainland and Macau Closer Economic Partnership Arrangement was signed in 2003. Macau Products, under the agreement, are exempted from import customs. The agreement strives to support the growth and expansion of the Macau manufacturing, tourist and development industries.
http://www.economia.gov.mo/page/english/cepa_e.htm
Pakistan - People's Republic of China Free Trade Agreement
Area of Cooperation
Goods ( Early harvest programme has been operational since 1 January 2006. See more on http://www.commerce.gov.pk/PCEHP.asp
Sign Date
January 1, 2006
In Force Date
December 31, 1969
People's Republic of China - Thailand Free Trade Agreement
Area of Cooperation
agriculture
Sign Date
December 31, 1969
In Force Date
January 1, 2003
People's Republic of China - Chile Free Trade Agreement
ChileArea of Cooperation
No Provisions for Agricultural Goods, intellectual property
Sign Date
January 1, 2005
In Force Date
December 31, 1969
Thailand - People's Republic of China Free Trade Agreement
Area of Cooperation
Trade
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
Limited to agricultural products, the Thai-China Free Trade Agreement entered into force in 2003, and negotiations on a more comprehensive agreement are expected to conclude before 2010.
http://english.people.com.cn/200506/19/eng20050619_191069.html
People's Republic of China, Hong Kong Closer Economic Partnership
Area of Cooperation
Goods, Services and Trade Facilitation
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
i. The Closer Economic Partnership (CEPA) between the People's Republic of China and Hong Kong is a Free Trade Agreement that allows residents and companies of Hong Kong preferential access to the mainland market. The objectives of the agreement, as stated in the legal document, are to strengthen trade and investment between the two sides and promote development. Both parties meet regularly and add supplements to the agreement. The three main areas CEPA covers involve measures for promotion of trade and investment, opening the mainland market to Hong Kong service providers, and the elimination of tariffs on locally manufactured goods. CEPA also encourages foreign investors to establish businesses in Hong Kong to reap the benefits of both the Hong Kong opportunities as well as those in the mainland.
Japan - Malaysia Economic Partnership Agreement
Area of Cooperation
Goods, Services, Investment, Intellectual Property, Dispute Settlement
Sign Date
January 1, 2005
In Force Date
December 31, 1969
Summary
Under the Agreement, both countries will work to eliminate all tariffs within ten years. The partnership will allow Japanese firms to move into the Malaysian car market. The tariffs on Japanese cars will be eliminated by 2015. Trade in Japan is expected to increase as Japan is Malaysia’s third largest trading partner. JMEPA will strengthen the economic ties between the two countries and remains a solid basis for the facilitation of trade between the countries.
http://www.mofa.go.jp/region/asia-paci/malaysia/epa/index.html
Japan - Mexico Economic Partnership Agreement
MexicoArea of Cooperation
Goods, Services (Core air transport services, maritime transport and financial services carved out.), Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor Mobility
Sign Date
January 1, 2004
In Force Date
December 31, 1969
Summary
The Agreement between Japan and the United Mexican States for the Strengthening of the Economic Partnership attempts to strengthen the bilateral economic relations between the two countries. It promotes the liberalization of investments and trade. In addition, it attempts to offer people a freer flow for business purpose. Japan will obtain access to the Mexican market, a consumer base will nearly 100 million. Japan will also gain a bridge to the North and South American markets through Mexico, as it has numerous agreements with countries in the region, allowing Japan treatment equal to that of the EU, Canada and US in services, customs, investment and government procurement.
http://www.mofa.go.jp/region/latin/mexico/agreement/index.html
Japan - Singapore Economic Agreement for a New-Age Partnership
Area of Cooperation
Goods, Services, Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor and Environmental Standards
Sign Date
January 1, 2002
In Force Date
January 1, 2002
Summary
The JSEPA strives for better market access as well as national treatment conditions. The Japan Singapore agreement is the model agreement for Japan as it was its first EPA. Not only does it cover tariff reduction, JESPA synchronizes customs procedures and addresses the movement of people.
http://www.fta.gov.sg/fta/pdf/FTA_JSEPA_Agreement.pdf
Macao - People's Republic of China Closer Economic Partnership
Area of Cooperation
Goods ( No provisions on Agricultural goods) Services, Trade Facilitation ( Macao has applied zero tariffs on products from the mainland)
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
The Mainland and Macau Closer Economic Partnership Arrangement was signed in 2003. Macau Products, under the agreement, are exempted from import customs. The agreement strives to support the growth and expansion of the Macau manufacturing, tourist and development industries.
http://www.economia.gov.mo/page/english/cepa_e.htm
ASEAN - Korea Free Trade Area
Area of Cooperation
Goods, Dispute Settlement
Sign Date
January 1, 2006
In Force Date
January 1, 2007
Summary
Under the ASEAN- Korea Free Trade Agreement, Korean businesses will gain access to the ASEAN market, which contains nearly 500 million people. The agreement contains trade in goods and tariffs will be either eliminated or reduced on Korean products.
http://www.aseansec.org/18063.htm
Global System of Trade Preferences among Developing Countries
Algeria
Argentina
Benin
Bolivia
Brazil
Cameroon
Chile
Colombia
Cuba
Ecuador
Egypt
Ghana
Guinea
Guyana
Iran
Iraq
Libya
Mexico
Morocco
Mozambique
Nicaragua
Nigeria
Peru
Sudan
Tanzania, United Republic Of
Trinidad And Tobago
Tunisia
Venezuela
ZimbabweArea of Cooperation
Global Dispute Settlement
Sign Date
January 1, 1988
In Force Date
January 1, 1989
Summary
The Global System of Trade Preferences arose out of the United Nations Group of 77. The Group first appeared interested in 1976 to develop a global system of trade for developing countries. Over years of negotiations, the agreement was signed by the participating members of the Group of 77. The members are currently looking to expand their economic ties to other developing countries in Asia, Latin America and Africa.
http://www.unctadxi.org/templates/Page____6207.aspx
Korea - Chile Free Trade Agreement
ChileArea of Cooperation
Goods, Services (including: Telecommunications, Professional and Health. EXCLUDING: Core Air transport and Financial Services) Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor
Sign Date
January 1, 2003
In Force Date
December 31, 1969
Summary
After six rounds of negotiation, the Korea-Chile Free Trade Agreement was concluded in 2003. The KCFTA was the first free trade agreement entered into by Korea. It provides Korea with an opening into other Latin American economies as Chile has numerous agreements with other countries in the region. Both countries are to eliminate tariff on 96 percent of goods in 10 years. The combination of the two countries compliments each other because while Chile is competitive in raw materials and agricultural products, Korea’s strength lies in industrial products.
http://docsonline.wto.org/DDFDocuments/t/WT/REG/169-1.doc
Korea - European Free Trade Association Free Trade Agreement
Area of Cooperation
Goods, Services (including financial telecommunication services) Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement
Sign Date
January 1, 2005
In Force Date
January 1, 2006
Summary
The Korea-EFTA FTA will eliminate tariff and non-tariff barriers, promote liberalization and encourage economic cooperation.
http://secretariat.efta.int/Web/ExternalRelations/PartnerCountries/Korea/KR/KR_Agreement.pdf
Korea - Singapore Free Trade Agreement
Area of Cooperation
Goods, Services, Government Procurement, Investment, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor and Environmental Standards, Capacity Building
Sign Date
January 1, 2005
In Force Date
December 31, 1969
Summary
The “Korea - Singapore Free Trade Agreement“ will allow all Korean exports to enter tariff-free to Singapore. The Korean market will also be opened to various Singapore services. Singapore will support Korea’s expansion into ASEAN while Korea will provide a bridge for Singapore to enter Northeast Asia.
http://docsonline.wto.org/DDFDocuments/t/WT/REG/210-1.doc























