Unless otherwise stated, ASEAN Member States (AMS) would remove import tariffs on all products traded between AMS by a) 2010 for ASEAN-6 (Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand) and b) in 2015, with flexibility until 2018 for CLMV (Cambodia, Laos, Myanmar, Myanmar). The vast majority of trade agreements contain rules of origin to prevent third parties from freeing up the sacrifices these parties have made. These rules determine who can claim the benefits of a particular agreement and under what circumstances those parties can do so. Under ATIGA, products are considered to originate from the Member State in which the goods were processed or processed. This is determined by compliance with at least one of the following conditions: the ASEAN Agreement on Trade in Goods was signed on 26 February 2009 and is the result of the improvement and consolidation of all existing provisions of the CEPT-AFTA agreement and ASEAN economic agreements and instruments. The ATIGA guidelines use the Harmonized System (SH) of the Tariff Classification as a means of clarifying product differences and setting standards that certain products must meet. Under the HS system, products are divided into: currently, the ASEAN Convention on Trade in Goods (ATIGA) – ASEAN`s main agreement on reducing regional tariffs – contains a number of criteria used to determine the country of origin of a commodity, as well as guidelines for determining whether certain products receive preferential tariff treatment. The introduction of the AEC and the increasing harmonisation of regional standards do not allow us to estimate the importance of regional supply chains. Ongoing progress towards regional integration is expected to continue, further reduce trade barriers and reduce the impact of compliance on businesses across the region. While ASEAN`s outlook is optimistic, success will ultimately depend on the ability of market participants to understand and seize the opportunities offered by agreements such as the ASEAN trade agreement. Dezan Shira Associates employs qualified professionals with long experience in entering the market and starting businesses and is uniquely positioned to help companies maximize their business and grow throughout the region.
(i) whether the goods have a regional value of at least 40% – determined by one of the two methods described in the infographic below. Unless a product is on ATIGA`s list of 2000 products with specific requirements, exporters and producers have the opportunity to apply either the regional value test or the modification of the tariff classification criterion: within atIGA, the concept of accumulation is applied to the rules of origin of the agreement.