Goods
Under the current AFTA agreement trade of goods between the original Asean countries (Thailand, Singapore, Malaysia, Brunei , Philippines and Indonesia) is already open with standard duty at zero to 5%. Tariffs for goods from other countries (Myanmar, Laos, Vietnam, Cambodia) are dropping gradually. Ultimately the AEC aims to eliminate all tariffs and non-tariff barriers and to simplify and harmonize all customs processes & procedures.
Goods
Under the current AFTA agreement trade of goods between the original Asean countries (Thailand, Singapore, Malaysia, Brunei , Philippines and Indonesia) is already open with standard duty at zero to 5%. Tariffs for goods from other countries (Myanmar, Laos, Vietnam, Cambodia) are dropping gradually. Ultimately the AEC aims to eliminate all tariffs and non-tariff barriers and to simplify and harmonize all customs processes & procedures.
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