This document discusses several regional economic integration agreements between countries including ASEAN, APEC, NAFTA, Mercosur, and the European Union. The main purpose of these agreements is to reduce tariffs and non-tariff barriers in order to accelerate economic growth and enhance trade development through the free movement of goods, services, skilled labor, and capital between member countries.

1. REGIONAL
ECONOMIC
INTEGRATION
_______
MUHAMAD NAZRUL ZAFFIQ BIN ZAMZURI
08 DPI14F 1025

2. Agreement
between
countries
Reduce
tariff /
non-tariff
barier
ECONOMIC
INTEGRATIO
N

3. • Association of Southeast Asian Nation
• August 1967
• Free trade area
• 10 country members
• Accelerate economic growth
• Enhance trade development
• Allow free movement of goods, services,
skilled labour, and capital

4. • Asia Pacific Economic Cooperation
• 1989
• Free trade area
• Remove trade tariff and other obstacle
• Focus on facilitate economic growth

5. • North America Free Trade Area
• 1994
• Remove import duties and non tariff
barrier
• Free trade area
1. Canada
2. Mexico
3. United States

6. •Mercado Comum Do Sul
•Allow duty free
1. Argentina
2. Uruguay
3. Brazil
4. Paraguay
5. Venezuela
• Associate states (custom union)
1. Chile
2. Bolevia
3. Columbia
4. Ecuador
5. Peru
•Common market( focus on f.o. production )

7. • European union
• Unified, barrier free market for product /
services within internal market