Myanmar Free Trade Agreement Lower Tariffs, Faster Customs

ASEAN Free Trade Area (AFTA) / ASEAN Trade in Goods Agreement (ATIGA)
Partner: ASEAN Member States
Year Implemented: 1992
This agreement reduces or eliminates intra-regional tariffs to create a single market and production base across Southeast Asia.

ASEAN-China Free Trade Area (ACFTA)
Partner: China
Year Implemented: 2005
It provides preferential access to the Chinese market and facilitates trade in goods and services between the regions.

ASEAN-Korea Free Trade Area (AKFTA)
Partner: South Korea
Year Implemented: 2007
This agreement enhances economic cooperation and lowers trade barriers between ASEAN members and South Korea.

ASEAN-Japan Comprehensive Economic Partnership (AJCEP)
Partner: Japan
Year Implemented: 2008
It strengthens the strategic economic partnership through comprehensive trade liberalization and investment protection.

ASEAN-India Free Trade Area (AIFTA)
Partner: India
Year Implemented: 2010
This agreement promotes trade growth by reducing duties on a wide range of industrial and agricultural products.

ASEAN-Australia-New Zealand Free Trade Area (AANZFTA)
Partners: Australia and New Zealand
Year Implemented: 2010
It offers extensive tariff reduction and improves business certainty for service providers and investors in the region.

ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA)
Partner: Hong Kong, China
Year Implemented: 2019
This agreement improves market access and ensures a transparent legal environment for trade and investment between the parties.

Regional Comprehensive Economic Partnership (RCEP)
Partners: ASEAN, Australia, China, Japan, Korea, New Zealand
Year Implemented: 2022
It establishes a modern and comprehensive economic partnership that covers a significant portion of global trade and population.