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Non-tariff Measures and Harmonisation: Issues for the RCEP

Author

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  • Olivier CADOT

    (University of Lausanne, CEPR and FERDI)

  • Lili Yan ING

    (Economic Research Institute for ASEAN and East Asia (ERIA) and University of Indonesia)

Abstract

The upcoming Regional Comprehensive Economic Partnership (RCEP) is a critical element of regional integration in East Asia and the Pacific. While tariffs are already low in this region, non-tariff measures (NTMs) remain a key issue in trade in goods. NTMs may bring consequences on sourcing and enforcement costs and may affect the structure of an industry. ASEAN countries have similar patterns of NTM imposition at the product level. International experience shows that regional trade agreements could reduce regulatory distance by 41 percent. The RCEP could bring East Asian countries to improve transparency of their NTMs and encourage mutual recognition.

Suggested Citation

  • Olivier CADOT & Lili Yan ING, 2015. "Non-tariff Measures and Harmonisation: Issues for the RCEP," Working Papers DP-2015-61, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2015-61
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    References listed on IDEAS

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    Cited by:

    1. Anita Prakash (ed.), 2019. "Asia-Europe Connectivity Vision 2025: Challenges and Opportunities," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 978-602-8660-91-4, July.
    2. Nabeshima, Kaoru & Obashi, Ayako & Kim, Kunhyui, 2021. "Impacts of additional compliance requirements of regulations on the margins of trade," Japan and the World Economy, Elsevier, vol. 59(C).

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    Keywords

    : ASEAN; RCEP; non-tariff measure; regional integration; mutual recognition;
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