Law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

aof code
COTL
aof code full
COTL

Overview of the ASEAN Free Trade Area (AFTA)

The ASEAN Free Trade Area (AFTA) represents a significant trade bloc agreement orchestrated by the Association of Southeast Asian Nations (ASEAN). This strategic initiative is focused on bolstering local trade and manufacturing capabilities within the member states while facilitating comprehensive economic integration with both regional and international partners. AFTA’s foundational aim is to create a seamless and competitive economic landscape across the ASEAN region, promoting mutual growth and stability.