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Author: Ooi Guat Tin
Publisher: Institute of Southeast Asian Studies
ISBN: 9971902257
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
This paper attempts to evaluate whether the PTA scheme has been successful in liberalizing intra-ASEAN trade through the new tariff reductions. More specfically, it stimulates the maximum potential trade creation effects within ASEAN of the 20% across-the-board tariff reduction on all items with import value of less than US$50,000 each in 1978 trade statstics. In addition, the implications of the latest proposal by the ASEAN Economic Ministers (AEM) to consider raising the cut-off ceiling to US$500,000 are also analysed.
Author: Ooi Guat Tin
Publisher: Institute of Southeast Asian Studies
ISBN: 9971902257
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
This paper attempts to evaluate whether the PTA scheme has been successful in liberalizing intra-ASEAN trade through the new tariff reductions. More specfically, it stimulates the maximum potential trade creation effects within ASEAN of the 20% across-the-board tariff reduction on all items with import value of less than US$50,000 each in 1978 trade statstics. In addition, the implications of the latest proposal by the ASEAN Economic Ministers (AEM) to consider raising the cut-off ceiling to US$500,000 are also analysed.
Author: Rahman Hussein
Publisher:
ISBN:
Category : Cooperation
Languages : en
Pages :
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Book Description
Author: Guat Tin Ooi
Publisher:
ISBN:
Category : Preferential trade
Languages : en
Pages :
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Book Description
Author: Nirmal K. Bista
Publisher: Institute of Southeast Asian
ISBN: 9813016191
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
This paper highlights the operation of ASEAN PTA, and identifies issues which could be of relevance to SAARC that has yet to incorporate trade cooperation in its sphere of activities.
Author: Guat Tin Ooi
Publisher:
ISBN:
Category : ASEAN.
Languages : en
Pages :
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Book Description
Author: Tubagus Feridhanusetyawan
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and implementation, and assesses their potential effects. Realizing the potential gains from Asia-Pacific PTAs requires a commitment to liberalize sensitive sectors, to maintain consistent provisions, and to enforce agreements. Other factors, including administrative complications, also could undermine any potential gains.
Author: S. K. Jayasuriya
Publisher: Edward Elgar Publishing
ISBN: 1848449232
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
Draws on both theory and evaluations of several major Preferential trading arrangements (PTAs) to discuss the constraints to achieving liberalisation in PTAs and key problems facing negotiators trying to achieve the best outcomes within given political economy constraints, such as choice of rules of origin and dispute settlement procedures.
Author: Olivier Cadot
Publisher:
ISBN:
Category : AFTA
Languages : en
Pages : 36
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Book Description
Abstract: With free trade areas (FTAs) under negotiation between Japan and the ASEAN Free Trade Area (AFTA) members and between the Republic of Korea and AFTA members, preferential market access will become more important in Asian regionalism. Protectionist pressures will likely increase through rules of origin, the natural outlet for these pressures. Based on the experience of the European Union and the United States with rules of origin, the authors argue that, should these FTAs follow in the footsteps of the EU and the U.S. and adopt similar rules of origin, trading partners in the region would incur unnecessary costs. Using EU trade under the Generalized System of Preferences with Africa, Caribbean, and Pacific partners, the authors estimate how the use of preferences would likely change if AFTA were to veer away from its current uniform rules of origin requiring a 40 percent local content rate. Depending on the sample used, a 10 percentage point reduction in the local value content requirement is estimated to increase the utilization rate of preferences by between 2.5 and 8.2 percentage points.
Author: Gerald Tan
Publisher: Institute of Southeast Asian
ISBN: 997190246X
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
This study views the preferential trading arrangements as the beginning of an era in which deeper and wider tariff cuts would be made, once the tariff-negotiating machinery has been set up and institutionalized.
Author: Miriam Manchin
Publisher: World Bank Publications
ISBN: 0707061547
Category : Bilateral free trade agreements
Languages : en
Pages : 29
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Book Description
The authors provide an overview of the preferential rules of origin in East Asia, highlighting the aspects that might possibly generate some trade-chilling effects. They review characteristics of existing preferential trade agreements with special emphasis on lessons from the European experience, and analyze some important features of the existing rules of origin in East and South-East Asian regional integration agreements. The empirical analysis of the effectiveness of preferentialism on intra-regional trade flows focuses on the ASEAN Free Trade Area (AFTA), with the aim of providing a rough estimate of the costs of requesting preferences. The results suggest that preferential tariffs favorably affect intra-regional imports only at very high margins (around 25 percentage points). This points to the likelihood of high administrative costs attached to the exploitation of preferences, particularly with regard to the compliance with AFTA's rules of origin.
