scholarly journals The Malaysian Polypropylene Industry Outlook In Facing ASEAN Free Trade Area (AFTA) Deregulation

2011 ◽  
Vol 7 (6) ◽  
Author(s):  
Ahmad Zaki Bin Hj. Ismail ◽  
Sarun Bin Selamat ◽  
Elsadig Musa Ahmed
Keyword(s):  
Free Trade ◽  
Global Economy ◽  
Free Trade Area ◽  
Domestic Market ◽  
Export Market ◽  
Trade Area ◽  
Major Market ◽  
The Future ◽  
Asean Countries ◽  
Plastics Industry

The objective of this study is to focus specifically on the Malaysian polypropylene industrys performance in order to further understand the current situation. As the future of the plastics industry is becoming more competitive due to the uncertainties of the global economy, it is hoped that this study could help to assist the Malaysian polypropylene industry to understand the future potential challenges better. Another aspect of the future challenges for the industry is the lifting of the trade barrier within the ASEAN countries. By early 2003, the ASEAN Free Trade Area (AFTA) has imposed in the ASEAN regions and there will be little or no tariff at all between the ten ASEAN countries. Based on the surveys results, the Malaysian polypropylene industry is still very much dependent on the domestic market. The overall domestic market share commands about 60% of the total business. The trend to expand the export market is still in progress and in line with the overall Malaysian plastics industry. At the moment, only the large polypropylene industries are very aggressive in capturing the export market. If the current market segmentation of the overall industry is maintained, the AFTA deregulation could affect the future outlook of the industry as the alternative domestic market is not available in time in case of any penetration happens to this major market segment. As the small and medium polypropylene industries are very much dependent on the domestic market, they could be the first segment of the industry that would face the immediate effect or challenges of AFTA to the industry.

scholarly journals The Effect of ASEAN-China Free Trade Area (ACFTA) on Indonesia Export

ETIKONOMI ◽  
2016 ◽  
Vol 15 (2) ◽  
pp. 125-138
Author(s):  
Indriyani Indriyani
Keyword(s):  
Panel Data ◽  
Free Trade ◽  
Cross Section ◽  
Data Model ◽  
Free Trade Area ◽  
Fixed Effect ◽  
Panel Data Model ◽  
Phnom Penh ◽  
Trade Area ◽  
Asean Countries

ASEAN-China Free Trade Area (ACFTA) is an agreement between the members of ASEAN and China to create a free trade area by removing tariff and non-tariff barriers. This agreement begins with the signing of the agreement on November 5, 2002 in Phnom Penh. Implementation is done in phases beginning January 1, 2004. The purpose of this study determines the effect of the implementation of ACFTA on Indonesia's exports to the ASEAN countries and China. This study complements previous research regarding the ACFTA. The data used in this study are the data of Indonesian exports to ASEAN countries and China for 15 years from 2000 until 2014. The tests were conducted with a fixed effect panel data model with cross section SUR. The results of this study indicate that the ACFTA increase Indonesian exports to the ASEAN countries and China.DOI: 10.15408/etk.v15i2.3331

scholarly journals Indonesia dan Persaingan di Era Asean Economic Community

2018 ◽  
Vol 2 (2) ◽  
Author(s):  
Hendra Maujana Saragih
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Economic Opportunity ◽  
Economic Community ◽  
Trade Area ◽  
Asean Member ◽  
Systemic Impact ◽  
Strategic Position ◽  
Asean Countries ◽  
Asean Economic Community

Abstract This paper focusing on looking at Indonesia's readiness to deal with the Era of the Economic Community in ASEAN with the urgency that Indonesia's preparations should have a systemic impact on Indonesia's economic growth. The socialization that has been carried out continues and continues to be inflated by every child of the nation so as not to lose compete and be swallowed by the existence of regional countries that really use ASEAN Economic Community as a positive and constructive economic opportunity for each ASEAN member country officially. ASEAN Economic Community is one form of Free Trade Area (FTA) and located in Southeast Asia .ASEAN Economic Community which is formed with a mission to make the economy in ASEAN to be better and able to compete with countries whose economy is more advanced than the condition of ASEAN countries currently. The realization of ASEAN Economic Community, can make ASEAN a more strategic position in the international arena. Researchers expect that with the realization of the ASEAN economic community can open the eyes of all parties, resulting in an inter-sectoral dialogue that will also complement each other among the stakeholders of the economic sector in ASEAN countries and this is very inherent formally. Keywords: Competition, Free Trade Area, Opportunity, Challenge

scholarly journals ASEAN Free Trade Area (AFTA), Otonomi Daerah dan Daya Saing Perdagangan Komoditas Pertanian Indonesia

2016 ◽  
Vol 21 (1) ◽  
pp. 1
Author(s):  
Iwan Setiajie Anugrah
Keyword(s):  
Free Trade ◽  
Market Competition ◽  
Free Trade Area ◽  
Agricultural Product ◽  
Regional Autonomy ◽  
Trade Area ◽  
Asean Countries ◽  
The Government ◽  
Competitive Products

<strong>English</strong><br />Asean Free Trade Area (AFTA) is a regional trade cooperation of ASEAN countries intended to boost trade volumes through tariff decrease of specific commodities including those of agriculture. AFTA is scheduled in 2008 but it is implemented earlier in 2003. This is a promising opportunity for Indonesia to boost agricultural product export and a challenge to produce competitive products at the regional level. Some constraints to solve by the government of Indonesia are quality products, limited capital, price and exchange rate policies, market competition, and instable domestic political setting. Implementation of regional autonomy is expected to improve quality of agricultural products to compete in regional and global markets. It will improve farmers’ welfare and local government incomes.<br /><br /><br /><strong>Indonesian</strong><br />Asean Free Trade Area (AFTA) merupakan bentuk kerjasama perdagangan di wilayah negara-negara ASEAN yang mempunyai tujuan untuk meningkatkan volume perdagangan di antara negara anggota melalui penurunan tarif beberapa komoditas tertentu, termasuk di dalamnya beberapa komoditas pertanian, dengan tarif mendekati 0-5 persen. Dalam kesepakatan, AFTA mulai efektif pada tahun 2008 namun dalam perkembangannya dipercepat menjadi tahun 2003. Bagi Indonesia, kerjasama AFTA merupakan peluang yang cukup terbuka bagi kegiatan ekspor komoditas pertanian yang selama ini dihasilkan dan sekaligus menjadi tantangan untuk menghasilkan komoditas yang kompetitif di pasar regional AFTA. Upaya ke arah itu, nampaknya masih memerlukan perhatian serta kebijakan yang lebih serius dari pemerintah maupun para pelaku agribisnis, mengingat beberapa komoditas pertanian Indonesia saat ini maupun di masa yang akan datang masih akan selalu dihadapkan pada persoalan-persoalan dalam peningkatan produksi yang berkualitas, permodalan, kebijakan harga dan nilai tukar serta persaingan pasar di samping iklim politis yang tidak kondusif bagi sektor pertanian. Diharapkan dengan diberlakukannya otonomi daerah perhatian pada sektor agribisnis dapat menjadi salah satu dorongan bagi peningkatan kualitas produk pertanian sehingga lebih kompetitif di pasar lokal, regional maupun pasar global, dan sekaligus memberikan dampak positif bagi perekonomian nasional maupun peningkatan pendapatan petani dan pembangunan daerah.

scholarly journals Utilization of Preferential Tariff under ASEAN Free Trade Area (AFTA): Case of Malaysia

2015 ◽  
Vol 11 (4) ◽  
pp. 273-290
Author(s):  
Mohammed Faiz Shaul Hamid ◽  
Dr. Mohamed Aslam
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Product Lines ◽  
Trade Patterns ◽  
Minimal Impact ◽  
Trade Area ◽  
Preferential Tariff ◽  
Tariff Rates ◽  
Asean Countries ◽  
Indicators Of Success

Reducing numbers of tariff lines to 0% and increase in intra-regional trade are often indicators of success of ASEAN Free Trade Area (AFTA). With more members liberalizing their economies and actively reducing the Most Favoured Nation (MFN) rates, the preferential tariff under AFTA would have a minimal impact on trade patterns unless the preferential tariff treatment is effective. Based on the value of Certificate of Origin (COO) and its export to ASEAN countries, this paper plans to estimate and analyse the utilization of tariffs under AFTA in the case of Malaysia for the period of 2007-2011 to examine the effectiveness of preferential tariffs under AFTA. Analysis is expanded with a “MFN proxy” by excluding Singapore. The results show that the utilization rates remain low and this suggests that preferential tariff rates are only used for the similar products and there will always be a limited level of utilization as some product lines were liberated under MFN tariffs.

Intelligent evaluation of trade efficiency of agricultural products between China and ASEAN: An stochastic frontier approach with noise reduction

2021 ◽  
pp. 1-10
Author(s):  
Shuaiwen Wang
Keyword(s):  
Free Trade ◽  
Stochastic Frontier ◽  
Free Trade Area ◽  
Agricultural Products ◽  
Agricultural Product ◽  
Random Disturbance ◽  
Test Plot ◽  
Trade Area ◽  
Asean Countries ◽  
The Impact

As the world’s largest free trade area among developing countries, the China-ASEAN Free Trade Area has gone through 15 years, and the China-ASEAN (Association of Southeast Asian Nations) Free Trade Area cooperation framework with tariff reduction as the core has diminished incentive effects on regional trade, the “21st Century Maritime Silk Road” strategy provide new opportunities for the upgrading and development of the China-ASEAN Free Trade Area. Based on the stochastic frontier gravity model, the random disturbance term was introduced to overcome the inevitable noise problem of macro statistical data, the trade efficiency of agricultural products between China and ASEAN were estimated in this study. The result shows that the potential for trade promotion between China and ASEAN countries is fully tapped. Based on this, it is proposed to strengthen infrastructure construction and smooth maritime trade channels with the help of the “One Road” platform. Strengthen communication and dialogue to weaken the impact of non-tariff barriers on trade, and use the Shanghai Free Trade Zone test plot to enhance the international competitiveness of Chinese agricultural product trade.

Liberalizing Regional Trade Regimes Through AfCFTA: Challenges and Opportunities

2020 ◽  
Vol 64 (3) ◽  
pp. 297-318
Author(s):  
Chidebe Matthew Nwankwo ◽  
Collins Chikodili Ajibo
Keyword(s):  
Free Trade ◽  
Global Economy ◽  
Free Trade Area ◽  
Trade Agreement ◽  
Trading System ◽  
Goods And Services ◽  
Trade Area ◽  
Multilateral Trading System ◽  
Challenges And Opportunities ◽  
Trade Regimes

AbstractThe ratification of the African Continental Free Trade Agreement (AfCFTA) marked a landmark event in the quest to achieve intra-African free trade. AfCFTA is poised to represent the largest free trade area outside the World Trade Organization. Although AfCFTA aspires to liberalize intra-African trade in goods and services to foster socio-economic development, there are concerns that capacity constraints may stultify the underlying goals. AfCFTA is expected to build on the considerable successes already achieved by Africa's regional economic communities. However, it fails to clarify how the overlapping regimes will be reconciled and harmonized. Nevertheless, the agreement is laudable for its quest to facilitate intra-African trade, foster regional value chains that can facilitate integration into the global economy, and energize industrialization, competitiveness and innovation. This article examines the celebrated AfCFTA to understand its potential amid local realities and the possible implications for the multilateral trading system.

scholarly journals China and the Future of Africa Continental Free Trade Area (ACFTR): Challenges and Opportunities

2021 ◽  
Vol 4 (3) ◽  
pp. 156-169
Author(s):  
Sheriff G.I. ◽  
Ahmet A. ◽  
Sheriff A.I.
Keyword(s):  
Free Trade ◽  
Bilateral Trade ◽  
Implementation Process ◽  
Free Trade Area ◽  
Secondary Source ◽  
African Countries ◽  
Trade Area ◽  
Long Run ◽  
The Future ◽  
Challenges And Opportunities

The paper examines the nexus between China’s coupling and economic relations with Africa under the Africa Continental Free Trade Area (ACFTA). It also analyses the future of ACFTR especially with the technical support African states will be enjoying through their collaboration with China or in the absence of such support, how Africa may utilize the opportunities available and the likely challenges to encounter in the implementation of ACFTA. Using the secondary source of data, findings show that the implementation of ACFTA can lead to substantial higher bilateral trade between China and Africa. The paper concludes that both in the short and long run, China and African countries stand to benefit immensely in the implementation of ACFTA. The paper recommends that African countries should ratify and domesticate ACFTA and should collaborate with China for the purpose of harnessing the opportunities and surmounting the likely challenges that may emanate from the implementation process.

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