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MITI's Portal
 

Glossary

Anti-concentration Provision

A provision that disallow developing countries from excluding an entire sector from tariff cuts. A minimum of 20% tariff lines or 9% of the value of imports in each tariff chapter would be subject to the full formula tariff reduction. [read more]

Anti-Dumping

GATT's Article 6 allows anti-dumping duties to be imposed on goods that are deemed to be exported below their normal prices, thus causing injury to producers of competing products in the importing country. These duties are equal to the ... [read more]

AP

Approved Permit - is an import and export license issued by the Permit Issuing Agencies (PIAs) based on the Customs Act 1967.  [read more]

APEC

Asia-Pacific Economic Cooperation - a forum for 21 Pacific-rim member economies that seeks to promote open trade and practical economic cooperation throughout the Asia-Pacific region. Cooperation is based on three pillars: trade and investment ... [read more]

APEC Fora

APEC has a number of different groups working in the areas of trade and investment liberalization and facilitation and economic and technical cooperation. Committees, ad-hoc groups, expert groups and working groups are known individually as a forum ... [read more]

APEC Secretariat

The main mechanism for supporting the APEC process, providing technical assistance, consultation and coordination of activities of APEC fora, while at the same time administering databases, information and communication, and outreach activities. The ... [read more]

Applied Tariff

The tariff levied on an imported good. [read more]

Arrival Contract

Sales/purchase contract where seller’s responsibility ends when goods have arrived at agreed place. [read more]

ASEAN

Association of Southeast Asian Nations - the aims and purposes are to accelerate economic growth, social progress and cultural development; to strengthen cooperation and mutual assistance; and to ensure peace and stability in the region ... [read more]

ASEAN Comprehensive Investment Agreement (ACIA)

A hybrid of revising and merging the ASEAN Investment Area (AIA) and Investment Guarantee Agreements (IGA) into a single comprehensive ASEAN investment agreement. [read more]

ASEAN Economic Community Blueprint 2015

A Blueprint for identifying the characteristics and elements of the AEC by 2015. Signed in November 2007, as the first ASEAN Economic Community (AEC) Blueprint, it has served as a comprehensive master plan to chart the region’s journey towards ... [read more]

ASEAN Economic Community Blueprint 2025

A Blueprint which was adopted by the ASEAN Leaders at the 27th ASEAN Summit on 22 November 2015 in Kuala Lumpur, Malaysia, succeeding the AEC Blueprint (2008-2015). Provides broad directions through strategic measures for the AEC from 2016 to ... [read more]

ASEAN Economic Community Council

AEC Council will monitor the progress of the implementation of the AEC Blueprint 2015 and 2025 and to ensure putting in place the requisite implementation mechanisms and monitoring frameworks to ensure effective operationalization.  [read more]

ASEAN Framework Agreement on Services (AFAS)

An agreement to work towards free flow of trade in services within the region.  It aims to substantially eliminate restrictions to trade in services among ASEAN countries in order to improve the efficiency and competitiveness of ASEAN ... [read more]

ASEAN Harmonised Tariff Nomenclature (AHTN)

A coding system used to describe the goods in the ASEAN region. [read more]