We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Policy Brief Paper on ASEAN - China Free Trade Area - Essay Example

Comments (0)
Summary
Policy Belief Name: Professor: Course: Date: Executive Summary The policy belief paper is about the ASEAN- China Free Trade Area. The policy belief will focus on the eleven countries which are involved in the Free Trade. The eleven countries are Burma, Brunei Darussalam, Indonesia, Cambodia, Philippines, Singapore, Malaysia, Laos, China, Vietnam, and Thailand…
Download full paper
GRAB THE BEST PAPER
Policy Brief Paper on ASEAN - China Free Trade Area
Read TextPreview

Extract of sample
Policy Brief Paper on ASEAN - China Free Trade Area

Download file to see previous pages... The policy belief will also explore the goals of the ASEA free trade and the rule of origin that applies to the goods. It will also explain how the trade is administered and how the countries solve the disputes that may come across on the way. The audience of the policy belief is a branch of international organization. Statement of the problem Should the ASEAN – China free trade area agreement benefit the people and the countries themselves? Background of the problem The ASEAN is a trade free trade which consists of eleven member states of Association of Southeast Asian Nations (ASEAN). The agreement was first signed on the 4th of November 2002 in Cambodia. The intention of the agreement was to start a free trade among the eleven countries by 2010. However, the agreement came in to effect on January 1st 2010. The trade area is the third largest in terms of GDP and the largest of all trade areas in terms of population. The trade area had a nominal GDP of 6 trillion US dollars as at 2008. The combined population of the trade area is approximately 580 million. On the issue of tariffs, the agreement reduced the 90 % of the imported goods to zero. The importers did not have to pay anything for the importation of the goods. The amendment took effect immediately in China and other six countries in the agreement and the other four countries promised to effect the tariffs by 2015. The goals of the Association are to increase their competitive advantage through production of high quality goods and elimination of tariffs on all imported and exported goods. The other goal is the attraction of more foreign direct investment to the association. The administration of the association is handled by the trade authorities and also by the national customs within the association. The secretariat of the association has the responsibility of monitoring and ensuring that every member complies with the rules and the regulations of the association. The secretariat ensures that there is consistent in the application of the association measures to all the country members of the association. In the dispute resolution, the secretariat of the association is no allowed to resolve any dispute arising between any two member countries. The disputes arising between any two members of the organization are resolved through dispute resolution or through informal means bilaterally. If the two member countries cannot resolve the disputes, they can refer to Senior Economic Officials Meetings (SEOM). The SEOM establishes a panel of arbitrators who helps to resolve the disputes. The member countries can always appeal the decisions made by the panels if member countries feel dissatisfied by the decision. The member country can appeal to the ASEAN Economic Community Council. Statement of the Organization’s Interest in the Issue The issue at hand matters most because of the following factors. One reason why the free trade area matters the China Government is because it has helped the Chinese Government in exportation and importation of its products. The Chinese Government has also benefited from the reduction of the tariffs for exportation and importation between the member countries. There has also been the exchange of technological knowledge between the member countries. The China Government has also benefited from the importation of goods from New Zealand. The elimination of ta ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Impact of ASEAN Free Trade Agreement on Malaysian Automotive Industry
The automotive industry in Malaysia is an essential part of the Malaysian manufacturing sector. Its importance is depicted in the fact that this industry has been marked by the Malaysian government as the main industry which is expected to drive the country to the status of a developed nation by the year 2020 (Arshad et al, 2011).
60 Pages(15000 words)Dissertation
International Relations: China, ASEAN countries
However it is also argued that owing to the current position of China in the region both economically and militarily will not lead the country to violate regional stability by engaging itself into a military conflict. This paper emphasises the fact that rise of China power will be peaceful and viable both economically and militarily.
10 Pages(2500 words)Essay
Social Divisions in Britain
Despite the economic and social progress that goes along with industrialization, post-industrial societies like Britain are in as much as the same with the rest of societies in drafting a social order laden with divisions and social inequities. Differences in productivity, social roles, and social statuses are said to be the causes of these (Duncan 1995).
14 Pages(3500 words)Essay
ASEAN Free Trade Area
Other countries like Cambodia, Laos, Vietnam and Myanmar later joined the union. The long term goal of the agreement is to achieve a more powerful ASEAN Economic Community by 2015 by establishing a free market where the goods, services and labor can flow freely.
2 Pages(500 words)Essay
ASEAN
suggestion for a master-plan that can be employed as a future pathway where ASEAN political-security support must be going towards in the forthcoming years. To start with let us have a brief introduction of the organization. The economic development of a country largely depends
8 Pages(2000 words)Essay
Free Trade Agreement (FTAs) in China
Currently, China is analyzing, negotiating, or applying Free Trade Agreements or FTA with over 20 nations and regions. This significant progress in China’s
14 Pages(3500 words)Essay
The ASEAN Free Trade Area (AFTA) has achieved significant progress in terms of Regional Economic Integration. This economic integration is predominantly driven by the private sector. Evaluate the prospects of AFTA approaching the level of sophisticatio
The ASEAN vision 2020 was partly inspired by the existing initiatives like ASEAN Foreign Trade Area. The effectiveness of ASEAN Foreign Trade Area (AFTA) is not only reflected in the network of arrangements, but also
15 Pages(3750 words)Essay
How the CHINA-ASEAN free trade agreement affects indonesia negatively/ impacts of CAFTA on indonesia unemployment rate
The labor unions observe that owing to the agreement signed between the countries many textile workers have turned out to be unemployed. (Padden,
4 Pages(1000 words)Essay
Brazil, Russia, India and China (BRIC) are seen as the key new players in the global economy
The debate exists about the role of BRIC and G7 countries within the global economy and how the redistribution of their power in the structure of international system
8 Pages(2000 words)Essay
The Free-Trade Area of the Americas

The study leads to the conclusion that regional trade agreements bring freedom of movement as well as increased trade opportunities. Implementation of these agreements will cause democratic and social progress that will be impossible without them. Although some critics argue that these new forms of trade will bring new challenges, it will also bring new levels or opportunities.

4 Pages(1000 words)Essay
Let us find you another Essay on topic Policy Brief Paper on ASEAN - China Free Trade Area for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us