Tariffs Under The Asean Trade In Goods Agreement (Atiga) Cambodia
Unless otherwise stated, ASEAN Member States (AMS) would remove import tariffs on all products traded between AMS by a) 2010 for ASEAN-6 (Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand) and b) in 2015, with flexibility until 2018 for CLMV (Cambodia, Laos, Myanmar, Myanmar). Tariffs and taxes are levied on all goods imported and exported before being released by customs; with the exception of goods which, according to laws and regulations, may enjoy special privileges by exempting their obligations and taxes. 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. In order for a product to be subject to a customs concession under ATIGA, the following conditions must be met: products included in the list of general exceptions (GE) of each SSA are not subject to a reduction/suppression of import duties. There are different types of duties and taxes collected by customs. On 23 August 2007, the 21st AFTA Council agreed to extend the CEPT-AFTA agreement to a comprehensive merchandise trade agreement for THE AFTA. The reduction and abolition of import duties takes place on 1 January each year. At the 4th ASEAN Summit in January 1992, ASEAN heads of government agreed to establish an ASEAN Free Trade Area (AFTA) by 2008 to open their economies to globalization. The main mechanism for implementing the AFTA was the Common Preferential Tariff System (CEPT).
The CEPT-AFTA agreement was signed in Singapore on 28 January 1992. As part of preferential treatment, Cambodia is implementing the ASEAN Convention on Trade in Goods (ATIGA) until 2015. In this context, Cambodia has introduced tariff reductions since 2009 and abolishes import tariffs on all products until 2015, flexibly until 2018, according to the following timetable: the Association of Southeast Asian Nations (ASEAN) consists of ten member states, namely Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Source: the 2012 tariff nomenclature, the third edition, issued in January 2015, import duties on unprocessed agricultural products will be reduced to 0% – 5% for ASEAN-6 by 2010; 2013 for Vietnam; 2015 for PDR and Myanmar in Lao; 2017 for Cambodia. Import duties on sugar products for Vietnam will be reduced from 0 to 5% by 2010.