Publication Type

Book Chapter

Version

submittedVersion

Publication Date

1-2019

Abstract

Among the ASEAN’s external FTAs, the ASEAN-China Free Trade Agreement (ACFTA) is ofgreat significance to both the ASEAN and China. The ACFTA was one of the earliest trade pactsconcluded by China. It is also part of the ASEAN’s broader push toward concluding FTAs outside themultilateral trading system, in line with the proliferation of regional trade pacts. This chapter willanalyze the following questions: what is the approach of the ACFTA? What are the implications ofthe ACFTA for the the Regional Comprehensive Economic Partnership (RCEP)? What nationalimplementation issues are involved with the ASEAN? The potential implications of the AHKFTA willbe explored. The ACFTA does reflect a more flexible approach than other Chinese FTAs, and itsimplementation faces a number of challenges. It may contribute to the shaping of the RCEP.ASEAN is playing an increasingly important role in world economic governance, as evidenced by the RCEP negotiations between ASEAN and its FTA partners. The evolution of ASEAN law from the global perspective will cover a wide range of areas, including goods, services, intellectual propertly, investment and even social issues. The growing AEC will also exert current and prospective influence on the international economic legal order, including the increased attractiveness of the RCEP to other parties.

Keywords

ASEAN, China, free trade agreements

Discipline

Asian Studies | International Trade Law

Research Areas

Public International Law, Regional and Trade Law

Publication

ASEAN Law in the New Regional Economic Order: Global Trends and Shifting Paradigms

Editor

Pasha L. Hsieh & Bryan Mercurio

First Page

46

Last Page

63

ISBN

9781108424998

Identifier

10.1017/9781108563208.004

Publisher

Cambridge University Press

City or Country

Cambridge

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1017/9781108563208.004

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