ASEAN Trade in Goods Agreement

The ASEAN Trade in Goods Agreement (ATIGA) is a pact among the ten Southeast Asian nations, aimed at promoting trade by reducing tariffs and simplifying customs procedures. By lowering taxes on goods traded between member countries, ATIGA helps to enhance economic cooperation and boosts the region's collective market. This agreement supports businesses by making it easier and cheaper to trade within Southeast Asia, ultimately benefiting consumers through greater variety and lower prices. In essence, ATIGA fosters a more integrated and competitive economic environment in the region.