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    Trade Facilitation Synergies between WTO and ASEAN Initiatives

    Yean, Tham Siew | July 2017
    Abstract
    Trade facilitation seeks to simplify and streamline procedures to allow for an easier flow of trade across borders. Within this broad understanding, it can in turn be defined according to different sets of policies affecting trade processes and the cost of trade. It can be narrowly defined as the improving of cross-border administrative measures or more broadly to include behind-the-border measures such as infrastructure, institutional transparency, good governance, and domestic regulations. All these measures affect trade costs and with it the trade performance of a country. The World Trade Organization (WTO)’s Trade Facilitation Agreement (TFA) was concluded at the 2013 Bali Ministerial Conference and entered into force on 22 February 2017. It is a landmark for being the first multilateral trade agreement to be reached since the Uruguay Round.3 Besides, it has the potential to improve trade facilitation measures in all the 164 signatories. Meanwhile, the Association of South-East Asian Nations (ASEAN) Trade Facilitation Framework (ATFF) focuses on existing ASEAN commitments and instruments relating to trade facilitation. This paper compares the trade facilitation measures of the WTO and of ASEAN, whose member states are all also WTO members.
    Citation
    Yean, Tham Siew. 2017. Trade Facilitation Synergies between WTO and ASEAN Initiatives. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/7214.
    Keywords
    Development assistance
    ADB
    Curriculum development
    Development assistance
    Development aid
    Development indicators
    Development potential
    Development models
    Project appraisal
    Performance appraisal
    Regional development bank
    Trade development
    Import volume
    Export volume
    Asian Development Bank
    Development
    Trade
    Development Goals
    Skills Development
    Sustainable Development
    Trade Flows
    Trade And Development
    Food Security And Trade
    Trade Volume
    Trade Potential
    Trade Flows
    External Trade
    Industrial policy
    New technology
    Innovations
    Industry
    Export policy
    Import policy
    Capital
    Business
    Communication in rural development
    Social participation
    Occupational training
    Partnership
    Joint venture
    System analysis
    Labor and globalization
    Labor policy
    Regional trading blocs
    Foreign trade and employment
    Developing countries
    Industrial priorities
    Technological innovation
    Technology transfer
    Foreign trade regulation
    Industrial relations
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    Citable URI
    http://hdl.handle.net/11540/7214
    Metadata
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    ISEAS_Perspective_2017_47.pdf (478.3Kb)
    Author
    Yean, Tham Siew
    Theme
    Development
    Trade
     
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise