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Have the end dates for duty elimination or duty reduction in the ASEAN Agreement been advanced or fast tracked in the IMCECA?

Have the end dates for duty elimination or duty reduction in the ASEAN Agreement been advanced or fast tracked in the IMCECA?

Yes, the end dates for ASEAN has been advanced in IMCECA by tariff elimination/reduction under Normal Track-1, Normal Track-II and Sensitive Track have been advanced/fast tracked by 3 to 6 months. For example the end dates for tariff elimination under Normal Track-1 have been advanced from 31 December, 2013 to 30 September, 2013 while those for both Normal Track-II and Sensitive track have been advanced from 31 December, 2016 to 30 June, 2016.

Trademark – A trademark is generally referred to as a “brand” or “logo”.

A trademark can be a word, symbol, logo, brand name, wrapper, packaging labels, tagline or a combination of these and are used by manufacturers or merchants or service providers to identify their own goods and/or services. It is used to distinguish the owners’ goods or services from those of its competitors and is something that will be distinctive of just one trader. Properly used and promoted, a Trademark may become the most valuable asset of a business.

Trademarks should not be confused with trade names. While trade names can also serve as trademarks, registration of a company or business name under the Companies Act does not in itself give protection against others who might commence using identical or similar marks.


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