June 2017 ASEAN Economic Integration Brief to provide regular updates on ASEAN economic integration progress and outcomes

ASEAN Economic Integration Brief to provide regular updates on ASEAN economic integration progress and outcomes. 
Full brief here:

http://asean.org/…/ASEANEconomicIntegrationBrief_No.01_30Ju…

Key takeaways from this issue:

On trade facilitation
- ASEAN Economic Ministers adopted ASEAN Trade Facilitation Framework in 2016
- At their 23rd Retreat in March 2017, they set the target to reduce 10% of trade transaction costs by 2020

- Entry into force of WTO TFA in February 2017 has provided additional impetus for ASEAN to pursue trade facilitation initiatives

- Web-based platforms have been put in place to support trade facilitation
- ASEAN Trade Repository (ATR) is one-stop online database on ASEAN trade- and customs-related information where the public can also access information available on National Trade Repositories of each ASEAN member state
- Linked to ATR is the ASEAN Tariff Finder, a cost-free search engine for tariff and tariff related information under ASEAN and ASEAN Plus 1 FTAs

- ASEAN Solutions for Investments, Services and Trade (ASSIST) is now fully operational, a non-binding and consultative mechanism for the expedited and effective solution of operational problems encountered by ASEAN-based enterprises on cross-border issues related to the implementation of ASEAN economic agreements

On e-commerce
- Recently established the ASEAN Coordinating Committee on Electronic Commerce (ACCEC) and is in the process of finalising the ASEAN Work Programme on e-Commerce

On FTAs with other countries/ regions
- Negotiations of ASEAN-Hong Kong, China FTA are on track towards targeted conclusion this year
- Formal talks on framework to set out parameters for future ASEAN-EU FTA have been launched