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A.S.E.A.N
&N.A.F.T.A
Presented by:Aveek S. MoitraDebosmita Ghoshal
Rahul SahaPiyali KunduRupak Guha
Shouvick Pramanick
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B asic facts of ASEAN
Preceded by Association of Southern Asia (ASA).Formation done by 5 countries in1967.
Added 5 more countries.Anthem: The ASEAN Way.Motto: "One Vision, One Identity, One, Community""10 countries, 1 identityEstablished ASEAN Free Trade Association in 1992.
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Objective of AFTA
To increase the ASEAN region s competitive advantage. CEPT Agreement
Inclusion ListTELSensitive List
GEASEAN represent concrete practical and business friendlyinitiative for lowering the cost of business.ASEAN also set the goal of harmonizing national standardwith international ones.
ISO IEC ITU
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Policies of ASEAN
a) Respect for the independence, sovereignty, equality,territorial integrity and national identity of all ASEANMember States.
b) Shared commitment and collective responsibility inenhancing regional peace, security and prosperity.c) Renunciation of aggression and of the threat or use of force
or other actions in any manner inconsistent with
international law.d) Reliance on peaceful settlement of disputes.e) Non-interference in the internal affairs of ASEAN Member
States.
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f) Respect for the right of every Member State to lead itsnational existence free from external interference,subversion and coercion.
g) Enhanced consultations on matters seriously affectingthe common interest of ASEAN.
h) Adherence to the rule of law, good governance, theprinciples of democracy and constitutionalgovernment.
i) Respect for fundamental freedoms, the promotion
and protection of human rights, and the promotion of social justice. j) Upholding the United Nations Charter and
international law, including internationalhumanitarian law, subscribed to by ASEAN MemberStates.
Continued...
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k) Abstention from participation in any policy or activity,including the use of its territory, pursued by and ASEANMember State or non-ASEAN State or any non-State actor,which threatens the sovereignty, territorial integrity orpolitical and economic stability of ASEAN Member States.
l) Respect for the different cultures, languages and religions of the peoples of ASEAN, while emphasising their commonvalues in the spirit of unity in diversity.
m) The centrality of ASEAN in external political, economic,social and cultural relations while remaining activelyengaged, outward-looking, inclusive and non-discriminatory.
n) Adherence to multilateral trade rules and ASEAN's rules-based regimes for effective implementation of economiccommitments and progressive reduction towardselimination of all barriers to regional economic integration,in a market-driven economy".
Continued...
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Various Summits
ASEAN Summit 1st held in 1976 in B ali, Indonesia Latest would be held in 2011 in Manado, Indonesia.
East Asia SummitCommemorative summitRegional Forum
Other meetings Another Three Asia-Europe Meeting ASEAN-Russia Summit
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NAFTA Initialing Ceremony, From left to right: (Standing) Mexican PresidentSalinas, US President B ush, Canadian Prime Minister Mulroney (Seated) JaimeSerra Puche, Carla Hills, Michael Wilson.
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History of the implementation
The agreement was initially pursued by conservativegovernments in the United States and Canada supportiveof free trade, led by Canadian Prime Minister BrianMulroney, U.S. President George H. W. Bush, and the
Mexican President Carlos Salinas de Gortari.The three-nation NAFTA was signed on 17 December1992, pending its ratification by the legislatures of thethree countries.
There was considerable opposition in all three countries,but in the United States it was able to secure passageafter Bill Clinton made its passage a major legislativeinitiative in 1993.
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NAFTAB orn in January 1994.
Member Nations: US, Canada and Mexico.
it s the world s largest free trade area.
Under NAFTA, all non tariff barriers to agricultural were eliminated.
Many Tariffs are being eliminated over a period of 5-15 years.
Two way trade between US & Mexico has increased by more than 55% ($11.6b)
Two way trade between US & Canada increased more than 50% ($16.3b)
Huge benefits have accrued to the NAFTA member countries
NAFTA has been a roaring success.
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NAFTA s coverage
Trade rules, safeguards, subsidised, anti dumping measuresand standards relating to safety.
Provisions to ensure the trading service (consulting,
engineering, software etc.)
Investment rules.
Intellectual property
Dispute settlement
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Mechanisms
Trade
Industry
Environment
Agriculture
Mobility of persons
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Issues
Exports
Investment
Jobs
Stability
US Relations
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