The Common Effective Preferential Tariff (CEPT) Agreement for AFTA requires that tariff rates levied on a wide range of products traded within the region are reduced to 0-5%. Quantitative restrictions and other non-tariff barriers are to be eliminated. Although originally scheduled to be realised by 2008, the target of a free trade area in ASEAN was continuously moved forward. AFTA will now be fully completed by the year 2002.