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The African Union (AU) is a continental body consisting of the 55 member states that make up the countries of the African Continent. It was officially launched in 2002 as a successor to the Organisation of African Unity (OAU, 1963-1999).
History:
In May 1963, 32 Heads of independent African States met in Addis Ababa Ethiopia to sign the Charter creating Africa`s first post-independence continental institution, The Organisation of African Unity (OAU). The OAU was the manifestation of the pan-African vision for an Africa that was united, free and in control of its own destiny and this was solemnised in the OAU Charter in which the founding fathers recognised that freedom, equality, justice and dignity were essential objectives for the achievement of the legitimate aspirations of the African peoples and that there was a need to promote understanding among Africa`s peoples and foster cooperation among African states in response to the aspirations of Africans for brother-hood and solidarity, in a larger unity transcending ethnic and national Differences. The guiding philosophy was that of Pan-Africanism which centred on African socialism and promoted African unity, the communal characteristic and practices of African communities, and a drive to embrace Africa`s culture and common heritage.
Read the speeches from the 1st OAU Summit in 1963
The main objectives of the OAU were to rid the continent of the remaining vestiges of colonisation and apartheid; to promote unity and solidarity amongst African States; to coordinate and intensify cooperation for development; to safeguard the sovereignty and territorial integrity of Member States and to promote international cooperation. The OAU Charter spelled out the purpose of the Organisation namely:
To promote the unity and solidarity of the African States;
To coordinate and intensify their cooperation and efforts to achieve a better life for the peoples of Africa;
To defend their sovereignty, their territorial integrity and independence;
To eradicate all forms of colonialism from Africa; and
To promote international cooperation, having due regard to the Charter of the United Nations and the Universal Declaration of Human Rights.
Through the OAU Coordinating Committee for the Liberation of Africa, the Continent worked and spoke as one with undivided determination in forging an international consensus in support of the liberation struggle and the fight against apartheid. The OAU had provided an effective forum that enabled all Member States to adopt coordinated positions on matters of common concern to the continent in international fora and defend the interests of Africa effectively.
On 9.9.1999, the Heads of State and Government of the Organisation of African Unity (OAU) issued the Sirte Declaration calling for the establishment of an African Union, with a view, to accelerating the process of integration in the continent to enable Africa to play its rightful role in the global economy while addressing multifaceted social, economic and political problems compounded as they were by certain negative aspects of globalisation.
The launch of the African Union:
The African Union (AU) was officially launched in July 2002 in Durban, South Africa, following a decision in September 1999 by its predecessor, the OAU to create a new continental organisation to build on its work. The decision to re-launch Africa`s pan-African organisation was the outcome of a consensus by African leaders that in order to realise Africa`s potential, there was a need to refocus attention from the fight for decolonisation and ridding the continent of apartheid, which had been the focus of the OAU, towards increased cooperation and integration of African states to drive Africa`s growth and economic development.
The AU is guided by its vision of [An Integrated, Prosperous and Peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena."
The Constitutive Act of the African Union and the Protocol on Amendments to the Constitutive Act of the African Union lay out the aims of the AU which are:
Achieve greater unity and solidarity between African countries and their the people
Defend the sovereignty, territorial integrity and independence of its Member States;
Accelerate the political and socio-economic integration of the continent;
Promote and defend African common positions on issues of interest to the continent and its peoples;
Encourage international cooperation
Promote peace, security, and stability on the continent;
Promote democratic principles and institutions, popular participation and good governance;
Promote and protect human and peoples` rights in accordance with the African Charter on Human and Peoples` Rights and other relevant human rights instruments;
Establish the necessary conditions which enable the continent to play its rightful role in the global economy and in international negotiations;
Promote sustainable development at the economic, social and cultural levels as well as the integration of African economies;
Promote cooperation in all fields of human activity to raise the living standards of African peoples;
Coordinate and harmonise the policies between the existing and future Regional Economic Communities for the gradual attainment of the objectives of the Union;
Advance the development of the continent by promoting research in all fields, in particular in science and technology
Work with relevant international partners in the eradication of preventable diseases and the promotion of good health on the continent.
Ensure the effective participation of women in decision-making, particularly in the political, economic and socio-cultural areas;
Develop and promote common policies on trade, defence and foreign relations to ensure the defence of the Continent and the strengthening of its negotiating positions;
Invite and encourage the full participation of the African Diaspora as an important part of our Continent, in the building of the African Union.
The work of the AU is implemented through several principal decision making organs:- The Assembly of Heads of State and Government, the Executive Council, the Permanent Representatives Committee (PRC), Specialised Technical Committees (STCs), the Peace and Security Council and The African Union Commission. The AU structure promotes participation of African citizens and civil society through the Pan-African Parliament and the Economic, Social & Cultural Council (ECOSOCC).
Organs that handle judicial and legal matters as well as human rights issues include:- African Commission on Human and Peoples` Rights (ACHPR), African Court on Human and Peoples` Rights (AfCHPR), AU Commission on International Law (AUCIL), AU Advisory Board on Corruption (AUABC) and the African Committee of Experts on the Rights and Welfare of the Child. The AU is also working towards the establishment of continental financial institutions (The African Central Bank, The African Investment Bank and the African Monetary Fund)
The Regional Economic Communities (RECs) and the African Peer Review Mechanism are also key bodies that that constitute the structure of the African Union.
To ensure the realisation of its objectives and the attainment of the Pan African Vision of an integrated, prosperous and peaceful Africa, Agenda 2063 was developed as a strategic framework for Africa`s long term socio-economic and integrative transformation. Agenda 2063 calls for greater collaboration and support for African led initiatives to ensure the achievement of the aspirations of African people.
Member States
The AU is made up of 55 Member States which represent all the countries on the African continent. AU Member States are divided into five geographic regions. which were defined by the OAU in 1976 (CM/Res.464QCXVI).
The following list shows all members states grouped by region, in alphabetical order, and their date of joining the AU or its predecessor the OAU.
Central Africa
Member State
Abbreviation
Date of joining
the OAU or AU
Republic of Burundi
Burundi
25 May 1963
Republic of Cameroon
Cameroon
25 May 1963
Central African Republic
Central African Republic
25 May 1963
Republic of Chad
Chad
25 May 1963
Republic of the Congo
Congo Republic
25 May 1963
Democratic Republic of Congo
DR Congo
25 May 1963
Republic of Equatorial Guinea
Equatorial Guinea
12 October 1968
Gabonese Republic
Gabon
25 May 1963
Democratic Republic of São Tomé and Príncipe
São Tomé and Príncipe
18 July 1975
Eastern Africa
Member State
Abbreviation
Date of joining
the OAU or AU
Union of the Comoros
Comoros
18 July 1975
Republic of Djibouti
Djibouti
27 June 1977
State of Eritrea
Eritrea
24 May 1993
Federal Democratic Republic of Ethiopia
Ethiopia
25 May 1963
Republic of Kenya
Kenya
25 May 1963
Republic of Madagascar
Madagascar
25 May 1963
Republic of Mauritius
Mauritius
August 1968
Republic of Rwanda
Rwanda
25 May 1963
Republic of Seychelles
Seychelles
29 June 1976
Federal Republic of Somalia
Somalia
25 May 1963
Republic of South Sudan
South Sudan
27 July 2011
Republic of the Sudan
Sudan
25 May 1963
United Republic of Tanzania
Tanzania
25 May 1963
Republic of Uganda
Uganda
25 May 1963
Northern Africa
Member State
Abbreviation
Date of joining
the OAU or AU
People`s Democratic Republic of Algeria
Algeria
25 May 1963
Arab Republic of Egypt
Egypt
25 May 1963
Libya
Libya
25 May 1963
Islamic Republic of Mauritania
Mauritania
25 May 1963
Kingdom of Morocco
Morocco
1963/31 January 2017
Sahrawi Arab Democratic Republic
Sahrawi Republic
22 February 1982
Republic of Tunisia
Tunisia
25 May 1963
Southern Africa
Member State
Abbreviation
Date of joining
the OAU or AU
Republic of Angola
Angola
11 February 1975
Republic of Botswana
Botswana
31 October 1966
Kingdom of Eswatini
Eswatini
24 September 1968
Kingdom of Lesotho
Lesotho
31 October 1966
Republic of Malawi
Malawi
13 July 1964
Republic of Mozambique
Mozambique
18 July 1975
Republic of Namibia
Namibia
June 1990
Republic of South Africa
South Africa
6 June 1994
Republic of Zambia
Zambia
16 December 1964
Republic of Zimbabwe
Zimbabwe
18 June 1980
Western Africa
Member State
Abbreviation
Date of joining
the OAU or AU
Republic of Benin
Benin
25 May 1963
Burkina Faso
Burkina Faso
25 May 1963
Republic of Cabo Verde
Cabo Verde
18 July 1975
Republic of Côte d`Ivoire
Côte d`Ivoire
25 May 1963
Republic of the Gambia
Gambia
9 March 1965
Republic of Ghana
Ghana
25 May 1963
Republic of Guinea
Guinea
25 May 1963
Republic of Guinea-Bissau
Guinea-Bissau
19 November 1973
Republic of Liberia
Liberia
25 May 1963
Republic of Mali
Mali
25 May 1963
Republic of Niger
Niger
25 May 1963
Federal Republic of Nigeria
Nigeria
25 May 1963
Republic of Senegal
Senegal
25 May 1963
Republic of Sierra Leone
Sierra Leone
25 May 1963
Togolese Republic
Togo
25 May 1963
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Regional Comprehensive Economic Partnership (RCEP) agreement to enter into force on 1 January 2022
What Is the Regional Comprehensive Economic Partnership (RCEP)? The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement (FTA) that will create the world's largest trading bloc and mark a significant achievement for China as it battles the U.S. for influence and economic supremacy in the Asia-Pacific region.
The Regional Comprehensive Economic Partnership is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population and 30% of global GDP, making it the largest trade bloc in history. It is the first free trade agreement among the East Asian China, Japan, and South Korea, three of the four largest economies in Asia. As of 3 December 2021, six of the ten ASEAN and all five of the non-ASEAN signatories have deposited their instruments of RCEP ratification with the Secretary-General of ASEAN. The trade pact is projected to enter force on 1 January 2022.
RCEP covers a market of 2.2 billion people and $26.2 trillion of global output. The partnership will create a trade grouping that covers about 30% of the world`s population, as well as the global economy.
It is also larger than other regional trading blocs such as the United States-Mexico-Canada Agreement (USMCA) and the European Union.
Analysts have said that economic benefits of RCEP are modest and would take years to materialize.
Still, the deal was widely seen as a geopolitical victory for China at a time when U.S. economic influence in Asia-Pacific has waned.
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ThyssenKrupp Dongyang Elevator was the merging brand between Dong Yang and thyssenkrupp. It was formed in October 2003 when thyssenkrupp bought Dong Yang elevator. The brand was renamed in August 2008 into thyssenkrupp Elevator (Korea) Ltd.
Founded
2003
Preceded by
Dong Yang
Succeeded by
thyssenkrupp Elevator (Korea) Ltd.
Year
October 2003 to August 2008
Status
Defunct
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On October 1, 2003, the joint venture between the German ThyssenKrupp Elevator AG, Düsseldorf, and the Korean DongYang Group, Oryudong (Seoul), was finalized.
Under the name ThyssenKrupp Dongyang Elevator Co., Ltd. the new company will be managed by a Board of Directors made up of eight members, Helmut Müller, CEO, who will continue as the Chief Executive for ThyssenKrupp Elevator`s Asian operations, Byung-Ho Keum, Chief Operating Officer, Jin Won, Chief Planning Officer, as well as the Chief Financial and Chief Technical Officer. Non-standing board members are: Jong Mok Won, chairman of the board, Gary Elliott, who is also CEO of ThyssenKrupp Elevator AG, and Dr. Joachim F. Panek, who is at the same time CFO of ThyssenKrupp Elevator AG. ThyssenKrupp Elevator AG holds 75% of the joint venture`s shares. The remaining shares will be held by the Won family.
The guiding principle for the joint venture is to create a platform to further develop customer benefits through the unification of ThyssenKrupp Elevator`s global network and reputation for quality and innovative technology with DongYang´s competent production capabilities and strong presence in the Korean market.
With about 1,000 employees at three production facilities the DongYang Group generated sales of 193 million euros in the fiscal year ending December 31, 2002. With a market share of approximately 25%, DongYang is the second largest elevator company in Korea. In particular, it is one of the leaders in the high-performance domestic elevator market with approximately 40% market share. Therefore DongYang is the ideal partner for ThyssenKrupp Elevator in Korea. With over thirty five years experience and a strong workforce DongYang elevator is well established in the Korean market.
ThyssenKrupp Dongyang Elevator will continue to focus on the production, modernization and maintenance of standard and non-standard elevators, escalators and moving walks. The new joint venture as well as the Korean high rise and high value market will profit from ThyssenKrupp Elevator`s valuable know-how. Prominent reference projects of the ThyssenKrupp Elevator Group include Europe`s fastest elevator (8.5 m/s at DaimlerChrysler premises in Berlin), Europe`s tallest office building (over 300 m height at Commerzbank headquarters in Frankfurt), one of the world`s tallest television towers (Ostankino television tower in Moscow) and the 100 m Prague Metro escalator.
TWIN, the most recent innovation of ThyssenKrupp Elevator, will be actively marketed in Korea. It is a sophisticated elevator system with two cars – one arranged upon the other - in one single shaft. The two cars are not connected with each other and can drive independently to different levels using the same track. Its main advantages are higher lift capacity and less construction volume. Taking for example a group of four conventional elevators – that is one elevator per shaft – 40% more passengers can quickly move from one level to the other while also adding 25% more available space.
ThyssenKrupp Elevator is one of the core business segments of the German ThyssenKrupp AG, one of the major international industrial Groups. With about 193,000 employees worldwide ThyssenKrupp activities focus on carbon and stainless steel, capital goods (elevators, automotive components) and industrial services. ThyssenKrupp is the world`s largest producer of stainless steel and Europe`s second largest flat carbon steel manufacturer.
ThyssenKrupp Elevator is the third largest elevator company in the world with activities in over 60 countries at more than 800 locations. With 30,000 employees it achieved sales of approx.
3.5 billion Euros in the fiscal year ending September 30, 2002. Products include passenger and freight elevators, escalators and moving walks, stair and platform lifts as well as passenger boarding bridges plus top quality service for the entire range.
Already since the merger between Thyssen and Krupp in 1999, companies with sales of 2.6 billion Euros have been divested and businesses with sales of 4 billion Euros have been acquired. Further divestitures with sales of around 7 billion Euros are planned. Through organic growth and selective strategic acquisitions, ThyssenKrupp aims to achieve total sales of 40 to 46 billion Euros in the medium term.
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The surprisingly cutthroat race to build the world`s fastest elevators
SHANGHAI -Elevator rides are not usually worth documenting. But when you step into the elevator at Shanghai Tower, people often pull out their cameras.
As the doors close, a screen at the elevator`s front lights up to show you the car`s location as it rises toward the building`s newly opened observation deck. A neatly dressed attendant informs passengers that the elevator has now reached a top speed of 18 meters per second, approximately 40 mph.
[This is really fast," one passenger said during a recent packed ride up the tower.
It is, in fact, the fastest elevator in the world.
At a ceremony in Tokyo in early December, the Shanghai Tower elevators and the company that made them, Mitsubishi Electric, were officially awarded the title by Guinness World Records. Yet many passengers may not even experience the top speed. To do so, you have to travel in a souped-up elevator car with a Mitsubishi technician who can flick a switch, making the speedometer on the screen turn red: 20.5 meters per second (45.8 mph).
China is experiencing an elevator boom. Over the past decade, the vast majority of elevators installed around the world have been placed in China, where rapid urbanization has met with a desire for ambitious [super-tall" skyscrapers. It has been estimated that by 2020, 40 percent of all elevators will be in China.
And when it comes to speed, the rest of the world can`t keep up.
The Burj Khalifa in Dubai is the only skyscraper in the world taller than Shanghai Tower, but its elevators go barely half the speed. The fastest elevator in the West, installed at 1 World Trade Center in Manhattan, runs at a paltry 23 mph. The Shanghai Tower`s elevator goes even faster than the Twilight Zone Tower of Terror, a Disney haunted-elevator amusement-park ride that hurls thrill-seekers at 39 mph.
Look at a list of the world`s fastest elevators now, and five out of the top 10 are in China.
But China`s vast elevator market is slowing. As it slows, elevator companies are becoming more cutthroat - at every level.
Companies such as Mitsubishi are in competition for huge contracts with companies from all over the world. Another Japanese elevator company, Hitachi, came close to winning the Shanghai Tower contract. It was awarded one in Guangzhou instead and then announced plans to beat Mitsubishi`s speed with its own 44.7-mph elevators.
In the end, Mitsubishi installed new hardware on one of the elevators in Shanghai Tower, snatching the record back from Hitachi shortly after it was lost. Mitsubishi representatives said that the demands of the client, a consortium with links to the Shanghai municipal government, had prompted the decision.
The race for speed
The world`s first safety elevator was installed by the American company Otis in 1857 in a hotel in New York City. It traveled five floors at a speed of less than half a mile per hour.
According to Lee Gray, an associate professor of architecture at the University of North Carolina at Charlotte, speeds improved as elevators moved from potentially explosive steam engines to more-efficient hydraulic systems and on to electric traction systems. Visiting Europeans were soon unnerved by the speed of the elevators across the Atlantic.
[The Brits would visit the United States and they would say, `God, why is it going so fast?` " Gray said.
For much of the 20th century, the fastest elevators were installed in American cities. Then the speed race moved to Asia.
Why Japanese firms have dominated high-speed elevators is a matter of debate. Some have reasoned that it is because of the technology shared with high-speed [bullet" trains, which Hitachi and Toshiba also make. Others have suggested that it may be because Japanese consumers are notorious for insisting upon smooth elevator rides. (Comfort and noise issues with ultrafast elevators are considerable; the elevators in Pan Am Building in New York were infamous for [howling.")
What is certain is that these elevators can cost fantastic amounts of money. They need to be tested in enormous, custom-built towers. They have to be pressurized to make their rapid ascent comfortable. According to Mitsubishi, 40 people worked exclusively on the Shanghai Tower elevators.
Mitsubishi and Hitachi would not say how much their elevators cost, but Jim Fortune, an American elevator consultant, estimated each installation at up to $3 million.
It would be hard for any elevator company to make any profit on installing these showstopper elevators, Fortune suggested: [It`s all for . . . bragging rights or to get that maintenance contract."
Many in the elevator industry say that while the technology is impressive, faster speeds do not serve a real purpose. But high speeds may be valuable as marketing tools, turning elevators into unlikely tourist attractions. And in an industry with its ups and downs, publicity can be important.
The three elevators installed by Mitsubishi Electric in the Shanghai Tower. The elevator on the right is the fastest in the world, capable of reaching 20.5 meters per second; around 45.8 miles per hour. (Courtesy of Mitsubishi Electric)
China`s elevator gold rush
The elevator industry may have never been as unforgiving as it is now.
Why? China.
Over the past two decades, China has rapidly urbanized. To boost urban density, hundreds of thousands of elevators and escalators have been installed each year. There are now more than 4 million units in the country - more than four times the number in the United States. Just over a decade ago, there were barely 700,000.
Analysts say China accounts for 60 to 80 percent of new installations globally each year. No one else compares. The second-largest elevator market, India, is less than one-tenth the size.
The rest of the world may not have noticed, but those in the elevator world say it has been a boom like no other.
[I`ve lived in an incredibly historic time for China, for our industry, in this country," said Bill Johnson, head of the Finnish firm Kone`s China division since 2004. [I feel very fortunate, very lucky."
But there is also a feeling that the glory days of the market are over - and that record-setting elevators such as those installed in Shanghai Tower may mark the end of an era.
China`s economic growth has slowed dramatically over recent years, dropping from more than 10 percent to 6.7 percent in the most recent quarter. A growing corporate debt problem and a much-feared real estate bubble - not to mention a potential trade war with the new U.S. administration - add even more risk.
As demand for new elevators falls, major international firms have more manufacturing capacity than they can use. Meanwhile, low-end Chinese manufacturers are fighting their high-end international rivals for an increasingly small number of projects.
[It`s a brawl," Johnson said. [There`s no question about that."
According to the Shanghai Elevator Trade Association, around 5 percent of smaller domestic elevator companies have already gone out of business. Even for international companies, it has been difficult. In September, Kone announced that it expected the market for new orders to drop by 5 to 10 percent over the next year. Its shares immediately fell by 3.5 percent. American giant Otis has admitted to dropping prices to stay competitive, eating into its profit margin.
For Japanese firms such as Mitsubishi and Hitachi, the Chinese market is especially vital. These companies lack the international footprint many of their American and European peers have. And while they came to prominence during Japan`s own elevator boom in the late 20th century, they now face a stagnating economy and a shrinking population at home.
Going down
Hitachi is still smarting over Mitsubishi`s surprise speed-record victory. When it won the contract for the elevators at Guangzhou`s CTF Finance Tower, Hitachi released a video showing its executives proudly proclaiming that they would take the record.
[I get tears in my eyes," Akihito Ando, a Hitachi sales supervisor, said in the video.
If they don`t, when will the record next be beaten? Mitsubishi says that it has no plans to break its own record at present. Toshiba, which until recently held the record with the Taipei 101 Tower, said that it`s not focusing on ultrahigh-speed elevators anymore.
[The competition for speed is over," said Yoshinori Inoue, a communications representative for Toshiba.
But there could yet be new challengers. Hyundai, a South Korean elevator manufacturer, has plans to begin testing 50 mph elevators. Canny Elevator, a Chinese company based just outside Shanghai, is building a 3,100-foot test tower that it says will be the tallest in the world.
How much further the record can be pushed is unclear. One recent study suggested that 51.4 mph would probably be the limit before passengers get sick. Traveling down quickly is even more difficult: Go too fast and the body thinks it`s falling. Elevators in both the Shanghai Tower and the CTF Finance Tower go down at 22.3 mph, close to the limit.
Most importantly, even the most advanced elevator still needs a big building to go in. Right now it`s unclear where such buildings will be. While many say that India could one day be the next China, Rizk Maidi, an analyst with German bank Berenberg, doubts it will ever be as ambitious.
[I don`t think we`ll see a repeat of the Chinese boom," he said.
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Chinese Elevator Market Reaching Peak
The Chinese elevator market has dominated the international elevator industry for more than 20 years. Large construction projects competing for the title of China`s tallest building have raced to ever greater heights. Currently, two-thirds of new elevator construction occurs in China.
Slumping Chinese Elevator Market
However, all of that may be changing. China`s rapid construction phase may have reached it`s peak. Indeed, industry experts predict that the Chinese elevator market will decline, after which it may stabilize.
According to Bloomberg Intelligence analysts, Johnson Imode and Mustafa Okur, major elevator manufacturers will have to grapple with the slumping Chinese market. Consequently, elevator manufacturers in the country will need to consolidate in order to accommodate the lessened demand. Also, they may be looking to other markets or advancing technology to compensate for reduced revenue.
Bloomberg`s 2015 article titled The World`s Largest Elevator Market Is Falling and May Never Recover by Chris Cooper has the story.
Adam Taylor of the Washington Post agrees, saying, [China`s vast elevator market is slowing. As it slows, elevator companies are becoming more cutthroat - at every level."
The Need for Speed
According to Taylor`s article, The surprisingly cutthroat race to build the world`s fastest elevator, world record setters are increasingly looking to high speed elevators to gain notoriety and marketing appeal.
In general, elevators are not typically built for speed, but for safety, reliability, and accessibility. However, Japanese companies hoping to break into the wider international market have been competing fiercely for speed records. China`s Shanghai Tower elevator installed by Japanese elevator manufacturer, Mitsubishi Electric, currently holds the world speed record, according to Guinness World Records.
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Elevators and Escalators from CHINA to The ASEAN–China Free Trade Area (ACFTA)
Elevator Components from CHINA to The ASEAN–China Free Trade Area (ACFTA)
Elevator Spare Parts from CHINA to The ASEAN–China Free Trade Area (ACFTA)
Elevator Traction Machines from CHINA to The ASEAN–China Free Trade Area (ACFTA)
China Certificate of Origin – What An Importer Should Know
Certificate of Origin, also known as C/O or CO, is a shipping document which is used for certification that the products exported are wholly obtained, produced or manufactured in a particular Country.
Why important?
This shipping paper is intended solely to prove the origin of goods in order to satisfy customs or trade requirements. Now it can be served as:
Reference for trade statistics
Evidence of goods` inner quality or settlement of exchange
Important tool for deciding on tariff treatment
Most countries now are applying different customs duty rate upon imported commodities from different countries. In the specific conditions, import countries will provide different tariff treatment according to the C/O. While in some cases, tariff duty rates can make up a large part of the total laned cost.
When needed?
Tariff Concession Certificate | duty-free policy | with zero tariff treatment under ASEAN-CHINA FREE TRADE AREA
Certificates of Origin should only be issued when they are actually needed, for example, in the following circumstances:
To meet customs requirements in the importing process
The customer/buyer/importer (consignee) requires it
To meet `quota` or statistical requirements imposed by the importing country
To comply with the banking or trade finance requirements ( L/C, letters of credit)
Check with your local Customs authority to see if you`ll benefit from getting a proper C/O. If yes, request CEP Team apply it for you. It`s an option at extra cost
Attention: For some countries such as Egypt/Saudi Arabia/Syria, a C/O is a must, no matter whether you can benefit from the duty discount.
ASEAN-CHINA FREE TRADE AREA
PREFERENTIAL TARIFF
CERTIFICATE OF ORIGIN
(Combined Declaration and Certificate)
FORM E
Issued in THE PEOPLE'S REPUBLIC OF CHINA
Applied to following countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
The ASEAN–China Free Trade Area (ACFTA), also known as China–ASEAN Free Trade Area 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. The initial framework agreement was signed on 4 November 2002 in Phnom Penh, Cambodia, with the intention to establish a free trade area among the eleven nations by 2010. The free trade area came into effect on 1 January 2010. The ASEAN–China Free Trade Area is the largest free trade area in terms of population and third largest in terms of nominal GDP.
ASEAN members and the People's Republic of China had a combined nominal gross domestic product of approximately US$6 trillion in 2008 The free trade area had the third largest trade volume after the European Economic Area and the North American Free Trade Area.
Flag
Country
Capital
Area(km2)
Population
(2008 unless noted)
GDP (nominal)
(bln USD, 2008, IMF)
Currency
Official languages
Brunei Darussalam
Bandar Seri Begawan
5,765
490,000
19.7
dollar
Malay
Burma (Myanmar)
Naypyidaw
676,578
50,020,000
26.2
kyat
Burmese
Cambodia
Phnom Penh
181,035
13,388,910
11.3
riel
Khmer
Indonesia
Jakarta
1,904,569
230,130,000
511.8
rupiah
Indonesian
Laos
Vientiane
236,800
6,320,000
5.4
kip
Lao
Malaysia
Kuala Lumpur
329,847
28,200,000
221.6
ringgit
Malay, English
Philippines
Manila
300,000
100,981,437
(2015)
166.9
peso
Filipino, English
Singapore
Singapore
707.1
4,839,400
(2007)
181.9
dollar
Malay, Mandarin, English, Tamil
Thailand
Bangkok
513,115
63,389,730
(2003)
273.3
baht
Thai
Vietnam
Hanoi
331,690
88,069,000
89.8
đồng
Vietnamese
People's Republic of China
Beijing
9,640,821
1,338,612,968
(2009)
4,327.4
renminbi
Mandarin
The free trade agreement reduced tariffs on 7,881 product categories, or 90 percent of imported goods, to zero. This reduction took effect in China and the six original members of ASEAN: Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand. The remaining four countries will follow suit in 2015. The average tariff rate on Chinese goods sold in ASEAN countries decreased from 12.8 to 0.6 percent on 1 January 2010 pending implementation of the free trade area by the remaining ASEAN members. Meanwhile, the average tariff rate on ASEAN goods sold in China decreased from 9.8 to 0.1 percent.
The six original ASEAN members also reduced tariffs on 99.11 percent of goods traded among them to zero.
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We strive to deliver 5-star customer service, Bid with confidence! Source with Confidence!
Online Support: Messages are typically answered within ONE business days.
Sales &
Support: +86 189 6827 8118
Fax: +86 574
6377 2926
Web site: www.china-elevators.com
E-mail: info@cep-elevators.cn
Skype:
cep-elevators
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Return Policy
WE DO NOT ACCEPT RETURNS. ITEMS ARE SOLD "AS IS".
IF FOR SOME REASON YOU RECEIVE SOMETHING THAT DOSENT RESEMBLE THE PHOTOS AND DESCRIPTIONS IN THE LISTING WE WILL MAKE AN EXCEPTION.
We do our best to accurately describe the items that we are selling.
If you have any questions or problems with your transactions please contact us as we strive for customer satisfaction.Please read descriptions in its entirety before bidding/purchasing.
Items that are listed as parts only/not working are sold as is and we no returns will be accepted. Please ask any questions before purchasing item(s).
Returns are only accepted for items that are D.O.A. or damaged. Return policy DOES NOT cover items that are SOLD AS IS or DO NOT KNOW THE HISTORY OF.
Please remember that our return policy is ONLY for SEVEN (7) DAYS. We will NOT accept anything after SEVEN (7) DAYS after item has been received. So please contact us ASAP.
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40 FT High Cube Container Dimensions
40 ft high cube container dimensions outside and inner, 40 ft high cube container=40 HQ=40 HC all are the same shipping container. the 40 ft high cube container (CSAV shipping line, ZIM container shipping line, K line shipping, CMA CGM Shippping MOL container line... 40 ft high cube container dimensions are the same standard )sizes measurements are made in cm (centimetre) / millimetre (mm) / meter (M) / inch / feet. You can easy unstand choose one which you like.
40 ft high cube container dimensions size outside the container
Three Size
M
CM
MM
inch
feet
L
12.192
1219.2
12192
480
40
W
2.438
243.8
2438
96
7.998
H
2.896
289.6
2896
114.015
9.5
40 ft high cube container dimensions size inner
Three Size
M
CM
MM
inch
feet
L
12.032
1203.2
12032
473.7
395
W
2.352
235.2
2352
92.59
7.716
H
2.69
269
2690
105.9
8.825
40 ft high cube container dimensions loading capacity
40 ft high cube container dimensions capacity the theory span is 76.2 cubic metre, can load more 8.7 cubic metre cargo than 40 FT container.
40 ft high cube container dimensions different with 40 FT
40 ft high cube container dimensions different with 40 FT, the Length is 12.032 M and width is 2.352 M. These two container both size are the same. But Hight this size 40 ft high cube container dimensions more 30.5 CM than 40 ft container dimensions. Load the machine is high use this type container will be better.
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40 FT Container Dimensions
40 FT Container Dimensions outside and inner, 40 FT=40 GP=40 dry container. the shipping container(HPL shipping line, EMC container shipping line, MCC shipping, Wan hai Shippping... all container shipping companies are the same standard )sizes measurements are made in cm (centimetre) / millimetre (mm) / meter (M) / inch / feet
40 FT Container Dimensions size outside the container
Three Size
M
CM
MM
inch
feet
L
12.192
1219.2
12192
480
40
W
2.438
243.8
2438
96
7.998
H
2.591
259.1
2591
102
8.5
40 FT Container Dimensions size inner
Three Size
M
CM
MM
inch
feet
L
12.032
1203.2
12032
473.7
395
W
2.352
235.2
2352
92.59
7.716
H
2.385
238.5
2385
93.89
7.825
40 feet container loading capacity
40 feet container loading capacity the theory span is 67.5 Cubic metre. From the Chinese factories load container experience general can load around 58 Cubic metre cargo. Some orderly cartons can load more products.