Consider the following countries:
1. Australia
2. Canada
3. China
4. India
5. Japan
6. USA
Which of the above are among the ‘free-trade partners’ of ASEAN?
1, 2, 4 and 5
3, 4, 5 and 6
1, 3, 4 and 5
2, 3, 4 and 6
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC IAS – 2018
The Association of Southeast Asian Nations (ASEAN) has established Free Trade Agreements (FTAs) or Comprehensive Economic Partnerships with several countries. Among the options provided, Australia, China, India, and Japan are ASEAN’s free-trade partners through various agreements such as the ASEAN-China FTA (ACFTA), ASEAN-India FTA (AIFTA), ASEAN-Japan Comprehensive Economic Partnership (AJCEP), and the ASEAN-Australia-New Zealand FTA (AANZFTA).
Countries that have FTAs with ASEAN include Australia, China, India, Japan, South Korea, and New Zealand. Additionally, these countries plus ASEAN members are part of the larger Regional Comprehensive Economic Partnership (RCEP) agreement.