AKFTAASEAN (Association of Southeast Asian Nations)-Korea Free Trade Agreement
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Ong said the senior economic officials are now starting to discuss services and investment agreements to complete the AKFTA.
The AKFTA objective is to move toward deeper economic integration between the region and South Korea through ''progressive elimination of all forms of barriers'' to trade in goods, services and investment through trade and investment facilitation and economic cooperation measures.
The negotiations on AKFTA shall commence in early 2005 and be completed within two years.
These capture the effect of the three plurilateral PTAs (ACFTA, AKFTA and the TPP) listed in Table 1.