ASEAN–China Free Trade Area
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ASEAN–China Free Trade Area
The ASEAN–China Free Trade Area (ACFTA) is a free-trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China. History China first proposed the idea of a free trade area in November 2000. Leaders of ASEAN and China thus decided to explore measures aimed at economic integration within the region In Brunei the following year, they endorsed the establishment of an ASEAN–China Free Trade Area. The framework agreement was signed on 4 November 2002 in Phnom Penh, Cambodia, by eleven heads of government.: Hassanal Bolkiah (Sultan of Brunei Darussalam), Hun Sen (Prime Minister of Cambodia), Megawati Soekarnoputri (President of Indonesia), Bounnhang Vorachith (Prime Minister of Laos), Mahathir bin Mohamad (Prime Minister of Malaysia), Than Shwe (Prime Minister of Burma), Gloria Macapagal Arroyo (President of the Philippines), Goh Chok Tong (Prime Minister of Singapore), Thaksin Shinawatra (Prime Minister of Thail ...
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Free-trade Area
A free-trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other. If natural persons are also free to move between the countries, in addition to a free-trade agreement, it would also be considered an open border. It can be considered the second stage of economic integration. Customs unions are a special type of free-trade area. All such areas have internal arrangements which parties conclude in order to liberalize and facilitate trade among themselves. The crucial difference between customs unions and free-trade areas is their approach to third parties. While a customs union requires all parties to establish and maintain identical external tariffs with regard to trade with non-parties, parties to a free-trade area are not subject to this requiremen ...
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Mahathir Bin Mohamad
Mahathir bin Mohamad ( ms, محاضير بن محمد, label= Jawi, script=arab, italic=unset; ; born 10 July 1925) is a Malaysian politician, author, and physician who served as the 4th and 7th Prime Minister of Malaysia. He held the office from July 1981 to October 2003 and later from May 2018 to March 2020 for a cumulative total of 24 years, making him the country's longest-serving prime minister. Before becoming premier, he served as Deputy Prime Minister and in other cabinet positions. He was a Member of Parliament for Langkawi from May 2018 to October 2022, Kubang Pasu from August 1974 to March 2004, and Kota Setar Selatan from April 1964 to May 1969. His political career has spanned more than 75 years, from joining protests opposing citizenship policies for non-Malays in the Malayan Union in the 1940s to forming the Gerakan Tanah Air coalition in 2022. Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a physician. He became active in the U ...
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Premier Of The People's Republic Of China
The premier of the State Council of the People's Republic of China, commonly called the premier of China and sometimes also referred to as the prime minister, is the head of government of China and leader of the State Council. The premier is nominally the second most powerful position in China's political system, under the general secretary of the Chinese Communist Party (paramount leader), and holds the highest rank in the civil service of the central government. The premier is responsible to the National People's Congress and its Standing Committee. The premier serves for a five-year term, renewable once. The premier presides over the plenary and executive meetings of the State Council, and is assisted by vice premiers in their work. Every premier has been a member of the Politburo Standing Committee since the PRC's founding in 1949, except during brief transition periods. In China's political system, the premier is generally thought to be responsible for managing the econom ...
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Zhu Rongji
Zhu Rongji (; IPA: ; born 23 October 1928) is a retired Chinese politician who served as Premier of the People's Republic of China from 1998 to 2003 and CCP Politburo Standing Committee member from 1992 to 2002 along with the Chinese Communist Party's general secretary Jiang Zemin. In his capacity as First Vice-Premier and Premier, Zhu was regarded as the leading figure behind China's economic policy in the 1990s and early 2000s. He also served as Mayor of Shanghai from 1988 to 1991 and Communist Party secretary of Shanghai from 1989 to 1991. He served alongside CCP leader Jiang Zemin and had a testy relationship with Jiang. Zhu had a reputation as a tough but pragmatic administrator. During his office, China's economy saw double digit growth. Zhu was also much more popular than his predecessor Li Peng among the Chinese public. However, Zhu's opponents stipulate that his tough and pragmatic stance on policy was unrealistic and unnecessary, and many of his promises were left un ...
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Prime Minister Of Vietnam
The prime minister of Vietnam ( vi, Thủ tướng Việt Nam), officially styled as the Prime Minister of the Government of the Socialist Republic ( vi, Thủ tướng Chính phủ nước Cộng hòa Xã hội chủ nghĩa), is the head of government of Vietnam who presides over the meetings of the Central Government (formerly the Council of Ministers). The prime minister directs the work of government members, and may propose deputy prime ministers to the National Assembly. The head of government is responsible to the National Assembly and serves as the Deputy Chairman of the Council for Defence and Security. Moreover, prime minister is also Chairman of the Council for National Education, Standing Member of the Central Military Commission and the Central Police Party Committee. The tenure of a prime minister is five years, and the term is renewable once. The current prime minister Phạm Minh Chính has served since 2021. In case of incapacity, a deputy prime minister assum ...
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Phan Văn Khải
Phan Văn Khải (; 25 December 1933 – 17 March 2018) was a Vietnamese politician who served as the fifth Prime Minister of Vietnam from 25 September 1997 to 27 June 2006. Life and career Phan Văn Khải was born on 25 December 1933 in Tan Thong Hoi Commune Củ Chi District, Saigon in French Indochina. Already during his youth he worked in revolutionary organizations. After the end of the first Indochina War and the subsequent partition of the country, Pham Van Khai took the opportunity to emigrate to North Vietnam.Bruce Lockhart, William J. Duiker : ''Historical Dictionary of Vietnam'', 3. Auflage, Oxford, 2006, s. 311–312 Phan Văn Khải joined the revolution in 1947 and became member of the Communist Party of Vietnam on 15 July 1959. From 1954 to 1959, he studied and worked on land reform in North Vietnam, he then studied languages, at the University of Economics in Moscow Soviet Union, until 1965. After the war Phan Văn Khải was temporarily mayor of Ho Chi Minh ...
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Prime Minister Of Thailand
The prime minister of Thailand ( th, นายกรัฐมนตรี, , ; literally 'chief minister of state') is the head of government of Thailand. The prime minister is also the chair of the Cabinet of Thailand. The post has existed since the Revolution of 1932, when the country became a constitutional monarchy. Prior to the coup d'état, the prime minister was nominated by a vote in the Thai House of Representatives by a simple majority, and is then appointed and sworn-in by the king of Thailand. The house's selection is usually based on the fact that either the prime minister is the leader of the largest political party in the lower house or the leader of the largest coalition of parties. In accordance with the 2017 Constitution, the Prime Minister can hold the office for no longer than eight years, consecutively or not. The post of Prime Minister is currently held by retired general Prayut Chan-o-cha, since the 2014 coup d'état. History The office of the "Presiden ...
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Thaksin Shinawatra
Thaksin Shinawatra ( th, ทักษิณ ชินวัตร; ; ; Chinese: 丘達新; cnr, Taksin Šinavatra; born 26 July 1949), is a Thai businessman, politician and visiting professor. He served in the Thai Police from 1973 to 1987, and was the Prime Minister of Thailand from 2001 to 2006. Thaksin founded the mobile phone operator Advanced Info Service and the IT and telecommunications conglomerate Shin Corporation in 1987, ultimately making him one of the richest people in Thailand. He founded the Thai Rak Thai Party (TRT) in 1998 and, after a landslide electoral victory, became prime minister in 2001. He was the first democratically elected prime minister of Thailand to serve a full term and was re-elected in 2005 by an overwhelming majority. Thaksin declared a "war on drugs" in which more than 2,500 people were killed. Thaksin's government launched programs to reduce poverty, expand infrastructure, promote small and medium-sized enterprises, and extend universal ...
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Prime Minister Of Singapore
The prime minister of Singapore is the head of government of the Republic of Singapore. The president appoints the prime minister, a Member of Parliament (MP) who in their opinion, is most likely to command the confidence of the majority of MPs. The incumbent prime minister is Lee Hsien Loong, who took office on 12 August 2004. As Singapore is modelled after the Westminster system, the prime minister only governs with the confidence of the majority in Parliament; as such, the prime minister typically sits as a Member of Parliament (MP) and leads the largest party or a coalition of parties. In practice, the prime minister is the leader of the political party with the majority number of elected MPs. History The office of Prime Minister succeeded the office of Chief Minister in 1959 after Singapore had attained self-governance from the United Kingdom, as the State of Singapore, with Lee Kuan Yew being sworn in as the first prime minister on 5 June 1959. The title of prime min ...
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Goh Chok Tong
Goh Chok Tong (; born 20 May 1941) is a Singaporean former politician who served as Prime Minister of Singapore between 1990 and 2004, and Secretary-General of the People's Action Party between 1992 and 2004. He was the Parliament of Singapore, Member of Parliament (MP) for Marine Parade Single Member Constituency, Marine Parade SMC between 1976 and 1988, and Marine Parade Group Representation Constituency, Marine Parade GRC between 1988 and 2020. Prior to his appointment as prime minister, he was the country's Deputy Prime Minister of Singapore, deputy prime minister, where he advocated for the Medisave, a scheme that allows Singaporeans to set aside part of their income into a Medisave account to meet future medical expenses. Goh also advocated for the Edusave Awards, a monetary reward for students who did well in school based on either their academic or character, to enshrine meritocracy. During his tenure as prime minister, political reforms like the introduction of Non-co ...
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President Of The Philippines
The president of the Philippines ( fil, Pangulo ng Pilipinas, sometimes referred to as ''Presidente ng Pilipinas'') is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in-chief of the Armed Forces of the Philippines. The president is directly elected by the people, and is one of only two nationally elected executive officials, the other being the vice president of the Philippines. However, four vice presidents have assumed the presidency without having been elected to the office, by virtue of a president's intra-term death or resignation. Filipinos generally refer to their president as ''pangulo'' or ''presidente'' in their local language. The president is limited to a single six-year term. No one who has served more than four years of a presidential term is allowed to run or serve again. The current president of the Philippines is Bongbong Marcos, who wa ...
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Gloria Macapagal Arroyo
Maria Gloria Macaraeg Macapagal Arroyo (, born April 5, 1947), often referred to by her initials GMA, is a Filipino academic and politician serving as one of the Deputy Speaker of the House of Representatives of the Philippines, House Deputy Speakers since 2022, and previously from 2016 to 2017. She previously served as the List of presidents of the Philippines, 14th president of the Philippines from 2001 until 2010. She is the longest serving president of the Philippines since Ferdinand Marcos. Before her accession to the presidency, she served as the List of vice presidents of the Philippines, 10th vice president of the Philippines from 1998 to 2001 under President Joseph Estrada, making her the country's first female vice president, despite having run on an opposing ticket. She was also a Senate of the Philippines, senator from 1992 to 1998. After her presidency, she was elected as the House of Representatives of the Philippines, representative of Pampanga's Pampanga's 2nd cong ...
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