Asean'S Journey Towards Free Trade

The following sections are included:ASEAN's Development in Freeing Trade in GoodsASEAN's Process of Negotiated AccommodationRate of Liberalisation of Goods TariffsNegotiated Targets For LiberalisationAcceleration of Overall TargetSafety Valves to Underpin Accelerated LiberalisationTemporary Exclusion List (TEL)Sensitive List (SL)Highly Sensitive List (HSL)General Exceptions List (GE)Encouraging the Liberalisation Process Through an Interim Reciprocity RuleSetting of Interim Targets for Tariff Lines in the Inclusion List to Reach 0–5% Tariff and Later to Reach Zero TariffAdherence to WTO PrinciplesSingapore's Role in the AFTA-CEPTASEAN's Development in Trade in ServicesCoverage of AFASThe Ambitious Nature of AFASProgress of the ASEAN NegotiationsMFN ObligationsASEAN-Minus-X ModalityMutual Recognition AgreementsASEAN's Development in InvestmentCoverage of the AIAEliminations of ReservationsExpansion of the AIAASEAN's Continuing Journey Towards Free Trade With Dialogue PartnersFirst Free Trade Area Discussion with ASEAN's Dialogue Partners (Australia and New Zealand)Discussions with Other Dialogue PartnersAssignment of DutiesPackaging of the ASEAN Plus FTAsASEAN Plus China FTA: Trade in GoodsNormal Track and Sensitive TrackThe Modality for the Normal TrackThe Modality for the Sensitive TrackOverall Summing UpASEAN Plus Korea FTA: Trade in GoodsSchedule of Tariff Reductions in the Normal TrackNormal Track ModalitiesThe Modalities for the Sensitive TrackModalities for Highly Sensitive ListOverall Summing UpASEAN Plus Japan Comprehensive Economic Partnership: Trade in GoodsThe Common List of Goods and FormulaThe AJCEP Formula for Tariff ReductionsNormal Track 2 in AJCEPSensitive List in AJCEPHighly Sensitive List in AJCEPExclusion ListASEAN Countries' Commitments in AJCEPOverall Summing UpASEAN Plus India FTA: Trade in GoodsThe Two Normal TracksThe Sensitive Track in AIFTA Trade in GoodsSpecial Products and Tariffs Placed in the Highly Sensitive ListOverall Summing UpASEAN Plus Australia-New Zealand FTA: Trade in GoodsNormal Track and Sensitive TracksThe Modality for Normal TrackThe Modalities for Sensitive Track 1 (ST1)Sensitive Track 2 (ST2)Overall Summing UpOverview of the Five ASEAN FTAS with China, Korea, Japan, India and Australia and New ZealandWhy Only Trade in Goods CoverageServices and InvestmentsSingapore's Role in the “ASEAN Plus Dialogue Partner” FTAsAppendix: Treaties and Agreements