ACDD The ASEAN Customs Declaration Document (ACDD) is a uniform form used by ASEAN nations for making declarations to national customs organisations for cargo clearance.
AFTA The ASEAN Free Trade Agreement (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries.
AHTN ASEAN Harmonized Tariff Nomenclature (AHTN). Product nomenclature refers to the classification of goods using some criteria of description e.g., usage, function, or measurement. It becomes Tariff Nomenclature (or tariff lines) when tariff rates are attached to the classification of goods. In international trade, harmonisation and refinement of tariff nomenclature is necessary to ease the process of making products comparable. This is especially true in the ASEAN Free Trade Area where CEPT concessions are only accorded to goods on a reciprocal basis.
ASEAN The Association of Southeast Asian Nations (ASEAN) is a political and economic organisation of ten Southeast Asian countries. Its aims include accelerating economic growth, social progress, and sociocultural evolution among its members, protection of regional peace and stability, and opportunities for member countries to resolve differences peacefully.
ASYCUDA World UNCTAD’s most recent version of its Automated System for Customs Data (ASYCUDA)
ATIGA Free trade initiatives in ASEAN are spearheaded by the implementation of the ASEAN Trade in Goods Agreement (ATIGA) and Agreement on Customs. These agreements are supported by work done by several sectoral bodies to plan and execute free trade measures, guided by the provisions and the requirements of ATIGA and the Agreement on Customs
ATR As a member state of ASEAN, the Royal Kingdom of Cambodia is committed to the development of a National Trade Repository (NTR) which will be integrated with the future ASEAN Trade Repository (ATR).
CEPT Unlike the EU, AFTA does not apply a common external tariff on imported goods. Each ASEAN member may impose tariffs on goods entering from outside ASEAN based on its national schedules. However, for goods originating within ASEAN, ASEAN members are to apply a tariff rate of 0-5 % (the more recent members of Cambodia, Laos, Myanmar and Vietnam, also known as CMLV countries, were given additional time to implement the reduced tariff rates). This is known as the Common Effective Preferential Tariff (CEPT) scheme.
FTA Free Trade Agreements are treaties between two or more countries to establish a free trade area where commerce in goods and service can be conducted across their common borders.
GATT The General Agreement on Tariffs and Trade (GATT) was a multilateral agreement regulating international trade. Its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis."
GSP Generalised System of Preferences are the standard arrangement which offers generous tariff reductions to developing countries.Practically,this means partial or entire removal of tariffs on two thirds of all product categories.
HS Harmonized System is a multipurpose international product nomenclature developed by the World Customs Organization (WCO). It comprises of commodity groups, each identified by a six-or eight-digit level arranged in a logical structure.
MFN In international economic relations and international politics, "most favoured nation" (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this treatment must, nominally, receive equal trade advantages as the "most favoured nation" by the country granting such treatment.
SPS Sanitary and Phytosanitary (SPS) are applied to protect human, animal and plant life or health from risks arising from the introduction and spread of pests and diseases, including to protect them from risks arising from imported goods.
TBT Trade Barriers to Trade (TBT) deals with procedures for testing and certifying conformity to technical regulations (compulsory) and standards (voluntary) governing international trade.
UNCTAD The United Nations Conference on Trade and Development (UNCTAD) is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues.
WCO The World Customs Organisation (WCO) is an intergovernmental organization that acts as forum for dialogue and exchange of experiences between national Customs delegates.
WTO The World Trade Organisation (WTO) is an intergovernmental organization which regulates international trade.
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