Financial Wealth Ideas

In order to improve the competitiveness of goods produced in the zone of the ASEAN, as well as creating conditions for attracting investment in this region have been made the search for new forms of industrial cooperation. Basic Agreement on ASEAN Industrial Cooperation Scheme (AIKO) was signed States - members of ASEAN in April 1996. AIKO scheme regulates the production of all products, except those included in the list of exceptions to the general Treaty of CEPT, and currently applies only to industrial production, with further possible spread to other sectors of the economy. The changing economic situation in the world, the implementation of ASEAN commitments to the WTO, the creation of preconditions for the realization of the idea of establishing a free trade area, ASEAN Investment Area and demanded changes in a number of parameters on which the existing industrial cooperation program. The new ASEAN Industrial Cooperation scheme, retaining some features of the previous schemes, provides more extensive use of tariff and non-tariff regulation. AIKO The objectives are: the growth of industrial production, the deepening of integration, increased investment in the ASEAN States from third countries; vnutriaseanovskoy expanding trade, improving technology, improving product competitiveness in the global market, the increasing role the private sector. In accordance with AIKO condition to establish a new company is to participate in at least two companies from different countries of ASEAN and the presence of at least 30% of the national capital. To stimulate the creation of new companies has a number of preferences. Thus, under the new scheme of industrial co-operation in respect of goods approved for production within AIKO, beginning with the inception of applied preferential tariff rate of 0-5%. This provides them preferential terms compared to other manufacturers, for whom this level of tariff rates under the CEPT has been achieved only in a few years. In addition, a number and tariff preferences, including the benefits of receiving investment. Based on the contained in the Agreement on the common effective preferential tariff (CEPT), the levers of influence on the structure of production, a reorientation of production from raw materials and intermediate inputs for the production of the final product, AIKO imposes additional incentives. In particular, the import of finished goods, intermediate (intermediate products) and raw materials provided for the use of preferential tariff rates, however, the final products have unlimited access to the markets of the ASEAN countries, and access to these markets for intermediate products and raw materials is limited.