Atiga Agreement

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The ASEAN Goods Trade Agreement 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 the relevant ASEAN economic agreements and instruments. 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. Within ATIGA, the concept of accumulation applies to the rules of origin of the agreement. 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. Currently, the ASEAN Merchandise Trade Agreement (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. (ii) if all non-original prefabricated materials used in the manufacture of products have undergone a change in the four-digit tariff classification (HS head) – see introduction for more information. 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: products included in the list of general exceptions (GE) of each SSA are not subject to a reduction/suppression of import duties.