The Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China (ASEAN-China FTA)
The Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China that was signed on 5th November 2002 marks ASEAN's first FTA with a dialogue partner. The framework comprises three agreements to date; Trade In Goods, Trade In Services and Investment which were concluded in November 2004, January 2007 and August 2009 respectively.
At the 16th ASEAN-China Summit on 9 October 2013 in Bandar Seri Begawan, Brunei Darussalam, the Leaders agreed to pursue the upgrading of the ASEAN-China FTA by, among others, improving market conditions and trade balance between both sides as well as expanding the scope and coverage of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China.
· Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Phnom Penh, 4 November 2002
o Protocol to Amend the Framework Agreement on Comprehensive Economic Co-operation Between ASEAN and the People's Republic of China
o Second Protocol to Amend the Framework Agreement on Comprehensive Economic Co-operation Between ASEAN and the People's Republic of China
o Third Protocol to Amend the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Bali, Indonesia, 19 November 2012
o Protocol to Amend the Framework Agreement on Comprehensive Economic Co-operation and Certain Agreements thereunder between the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Kuala Lumpur, Malaysia, 21 November 2015
· Agreement on Trade in Goods of the Framework Agreement on Comprehensive Economic Co-Operation between the Association of South-East Asian nations and The People's Republic of China
o Annexes
- Annex 1 - Modality for tariff reduction and elimination for tariff lines placed in the normal track
- Annex 2 - Modality for tariff reduction or elimination for tariff lines placed in the sensitive track
- Annex 3 - Rules of Origin
o Protocol to Amend the Agreement on Trade in Goods of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Cebu, Philippines, 2006
o Second Protocol to Amend the Agreement on Trade in Goods of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Kuala Lumpur, Malaysia, 29 October 2010
o Protocol to Incorporate Technical Barriers to Trade and Sanitary and Phytosanitary Measures into the Agreement on Trade in Goods of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Bali, Indonesia, 19 November 2012
· Agreement on Dispute Settlement Mechanism of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Vientiane, Lao PDR, 29 November 2004
o Annex 1 - Rules and Procedures for the Arbitral Proceedings
· Agreement on Trade in Services of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic Of China, Cebu, Philippines, 14 January 2007
o First Package of ASEAN-China Services Commitments
Protocol to Implement the Second Package of Specific Commitments under the Agreement on Trade in Services of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Bali, Indonesia, 16 November 2011
o Second Package of ASEAN-China Services Commitments
· Agreement on Investment of the Framework Agreement on Comprehensive Economic Co-operation between ASEAN and the People's Republic of China, Bangkok, 15 August 2009