Mapping Preferential Trade in Asia and the Pacific: Introducing the Asia-Pacific Trade and Investment
The paper addresses preferential trade agreements in Asia and the Pacific with the objective of identifying their characteristics, which can be useful in assessing the effects of their implementation. The paper relies mostly on the Asia-Pacific Trade and Investment Agreement Database (APTIAD) in sourcing data and information for analysis. On 26 February 2007 APTIAD was tracking 125 preferential trade agreements one party of which was a member of ESCAP. Eighty seven of those agreements of various types are in force, 62 of them being bilateral agreements, 11 regional trade agreements (RTAs), and 11 agreements between country and bloc (the residual is made up of agreements of different scope, e.g. global, and country-plurilateral, etc.). The paper utilizes factual information on membership and coverage of agreements as well as statistical data on goods trade flows in discussing selected important aspects of preferential trade in Asia and the Pacific. (a) the rapid proliferation of preferential trade and revealed preference for bilateral links; (b) strong tolerance for an engagement in multiple trade agreements with the same trading partner; and (c) reluctance to commit to full and quick liberalization in merchandise trade, and expose other trade areas apart from goods to preferential liberalization. Penultimate section discusses ways in which PTAs could be harnessed to work as complementary with the multilateral trade regime. Paper offers some policy recommendations in area of preferential trade negotiation.
|Date of creation:||Mar 2007|
|Date of revision:|
|Contact details of provider:|| Postal: The United Nations Building, Rajadamnern Nok Avenue, Bangkok 10200|
Phone: (66-2) 288-1234
Fax: (66-2) 288-1000
Web page: http://www.unescap.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Schiff, Maurice & Winters, L. Alan, 1997.
"Regional integration as diplomacy,"
Policy Research Working Paper Series
1801, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:unt:wpaper:swp407. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mia Mikic)
If references are entirely missing, you can add them using this form.