This study examines the challenges and prospects of expanding AFTA for inter-regional trade, suggesting interconnected relations with ASEAN and other regional trading blocs.
Key Points
Expanding AFTA could enhance global trade liberalization while facing numerous challenges.
Identifying key principles for inter-regional trade is essential to ensure collaborative agreements.
Collaboration with other regional blocs, like the Andean Community, may present both opportunities and conflicts.
The study highlights the need for a strategic approach to align AFTA’s objectives with those of potential partners.