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This document summarizes the ASEAN-China Free Trade Area (ACFTA) agreement between ASEAN and China. It provides background on growing economic interdependence between China and Southeast Asian countries. In 2001, China proposed establishing an ACFTA over 10 years to further economic cooperation. Negotiations between ASEAN and China led to a Framework Agreement in 2002. The agreement established an Early Harvest program to gradually reduce tariffs ahead of a full free trade area. The document analyzes ACFTA

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