Which Countries Have Free Trade Agreement With Asean

Vietnam, Indonesia and other ASEAN countries benefit from China`s free trade agreement by being able to offer lower wages, and thus attract foreign investment both for the Chinese market and global destinations such as the EU and the US. There has been some resistance to this, especially with regard to the issue of China`s superior infrastructure. However, ASEAN countries have upgraded, especially ASEAN 6. As a general rule, despite the reduction in production capacity in some ASEAN countries compared to China, it makes economic sense to bring production capacity to ASEAN 6 if the level of production can reach 70% of the achievable level in China. Details of the ASEAN-China Free Trade Agreement can be downloaded here.