ASEAN Free-Trade Area

An agreement between members of ASEAN that seeks the reduction and/or elimination of tariffs between members at the encouragement of foreign direct investment. Goods originating in an ASEAN member state and exported to another may not have a tariff higher than 5% of the value of the good. It was signed in 1992 and became operational in 2003. Since it was originally created, prospective members of ASEAN have been required to sign on to the Free-Trade Area.

单词	asean free-trade area
释义	ASEAN Free-Trade Area ASEAN Free-Trade Area An agreement between members of ASEAN that seeks the reduction and/or elimination of tariffs between members at the encouragement of foreign direct investment. Goods originating in an ASEAN member state and exported to another may not have a tariff higher than 5% of the value of the good. It was signed in 1992 and became operational in 2003. Since it was originally created, prospective members of ASEAN have been required to sign on to the Free-Trade Area.
随便看	saline county, nebraska saline county state fish and wildlife area saline county state fish & wildlife area saline drench saline drip saline elevation saline enema saline infused sonogram saline lake saline laxative salinelle saline load test saline lock salinely saline manometer saline (medicine) salinem fever salinem infection salineness saline purgative saline soil saline soils saline solution salinetrode saline water