eu asean fta negotiations


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PDF The ASEAN-EU Free Trade Agreement: Implications for Democracy

The negotiations between the EU and ASEAN were approached with two key issues in mind: the issue of Myanmar and the highly unequal levels of economic 

  • Which country recently launched negotiations for Asean free trade area?

    The two parties announced the official launch of the negotiations to upgrade the free trade area to its third version in November 2022, with the negotiations covering fields such as trade in goods, investment, digital and green economy to build a more inclusive, modern, comprehensive and mutually beneficial China-ASEAN

  • The EU is ASEAN's third-largest trading partner after China and the US, accounting for around 10.2% of ASEAN trade.
    The EU is the second-largest investor in ASEAN countries.

  • What is the trade relationship between the EU and ASEAN?

    Asean – the world's third largest trading bloc – was the EU's third largest trading partner in 2022.
    Analysts said that an EU-Asean FTA would accelerate the integration among Asean members, foster a rules-based and inclusive regional order, and strengthen the strategic partnership between the two regions.16 oct. 2023

  • What is the free trade agreement with ASEAN?

    The ASEAN-India Trade in Goods Agreement was signed and entered into force on 1 January 2010.
    Under the Agreement, ASEAN Member States and India have agreed to open their respective markets by progressively reducing and eliminating duties on 76.4% coverage of good.

  • To secure better access to opportunities in the region's market, the European Union (EU) started negotiations with ASEAN for a region-to-region free trade agreement (FTA) in 2007. After negotiations were suspended in 2009, the EU decided to pursue bilateral trade agreements with the individual ASEAN member states.
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