People's Republic of China, Japan, Republic of Korea to Launch Trade Talks
The heads of states of the People's Republic of China, Japan, and the Republic of Korea have announced that they will start negotiating a new free trade agreement later this year. See ICTSD analysis.
G-20 Report Says Trade Reform Could Help Boost Farm Yields
A recently drafted report by international agencies for the leaders of the G-20 group of countries recommends to discipline import and export restrictions and to support the WTO-OECD initiative for aid for trade in order to increase farm yields. Download G-20 Draft Report on Sustainable Agriculture. Read ICTSD analysis of G-20 Draft Report.
ADB-IADB seminar tackles improving Asia-Latin America economic ties
In a mere decade, the manufacturing prowess and insatiable hunger for natural resources of Asia’s two most populous economies have made Asia the second largest trading partner of Latin American countries. On 5 May, President Kuroda and Inter-American Development Bank President Luis Alberto Moreno therefore launched a joint publication on Shaping the Future of Asia-Latin America and the Caribbean Relationship. Read news.
Dealing with the “Noodle Bowl” of Asia’s Free Trade Agreements
Masahiro Kawai and Ganeshan Wignaraja discuss the impact of Asia’s "noodle bowl"of Free Trade Agreements (FTA) on businesses based on firm-level surveys in seven countries. Read more.
Aid for Trade in the Asia-Pacific: Its Role in Trade-Driven Growth
Report from the Co-Chairs of the Regional Technical Group (RTG) on Aid for Trade for the Asia-Pacific (2012)
This first RTG Co-chairs report-Aid for Trade in the Asia-Pacific: Its Role in Trade-Driven Growth-takes stock of the Asia-Pacific experience and identifies the way forward for the WTO Aid for Trade Initiative in the region. Aid for Trade offers the opportunity to close the gap between the two faces of the region. Download.
Blog : Trade Spotlight
ASEAN’s newer members and the Asian noodle bowl: Coming to grips with multilateralism
Arguably the greatest trade policy challenge facing ASEAN’s newer members — Cambodia, the Lao PDR, Myanmar and Viet Nam (CLMV) — are the non-tariff barriers restricting trade. Nevertheless, traditional trade instruments such as the tariff and policy relating to its management remain important and should not be ignored. Read more.
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Featured Publication
World Bank Policy Research Working Paper 5976: Food Standards and Exports – Evidence from [the People's Republic of] China
The authors find that the introduction of food standards (both voluntary and mandatory) by the exporting country increases export flows. They examine the case of the People’s Republic of China, and find that the effect is largest when the introduced standards are consistent with international norms. The empirical evidence shows that the introduction of one additional internationally harmonized standard increases exports by up to 0.64 percent. This example shows that food standards signal the customer that products meet certain quality measures and that the benefits from increased exports outweigh compliance costs. Read more.
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