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AFTA stands for the ASEAN Free Trade Area. It is a trade bloc agreement among the member countries of the Association of Southeast Asian Nations (ASEAN) aimed at promoting economic cooperation and integration by reducing tariffs and barriers to trade.
kerala leaders are not pleased with the recent India ASEAN free trade Pact
One of the European Union's trade agreements is the WTO and the ASEAN.
If you study part time you will have time to support yourself, or to raise children, or whatever it is you need to do at the same time you are studying. But you will also take much longer to complete your studies. Those are the trade-offs.
The trade relation between India and ASEAN has been functioning positively, although some people worry that in the long run it will have a negative impact on Indian economy.
To promote southeast nations
Benefits of the member countries of ASEAN are in 3 key terms, namely sociocultural integration, security and economic integration. There is cooperation in all of these 3 sectors. One proof of such cooperation is AFTA, which allows for free trade among ASEAN nations.
A.S.E.A.N stands for The Association of South East Asian Nations.
The ASEAN Free Trade Area (AFTA) aims to enhance regional economic integration among ASEAN member states by reducing and eliminating tariffs and trade barriers on goods. Established in 1992, AFTA promotes intra-regional trade and investment, fostering economic growth and competitiveness. It facilitates cooperation in various sectors, ultimately contributing to the economic stability and development of the ASEAN region.
First of all i would like to support positive ideas of those researchers who's contributed to by thrier studies that SAARC countries have so much potential for trade within the region. The global climate related to the trade has changed, some examples like EU and ASEAN have proved that a region have same markets for their imports and exports can enhance their Intra-regional trade. Approximately 10 years ago, ASEAN-intra trade was only 5 to 6 percent of tolal ASEAN trade but now ASEAN-intra trade is appropriately 26% to 30% of total ASEAN trade. So, SAARC countries can enhance their intra trade by focusing on those area which have more important for B to B transactions. They can merge their common sectors having huge exports potential for non members countries and can take benefits from their minor sectors via development of common industries within the region.
free trade