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The East Asian countries are seriously discussing the consolidation of ASEAN+1 FTAs to develop so-called ASEAN++ FTA or RCEP. The detailed analysis of services chapters in the existing ASEAN+1 FTAs gives insights to services trade liberalization in this new trade agreement. In order for ASEAN...
Persistent link: https://www.econbiz.de/10010925541
The aim of this paper is to evaluate the success of progressive services liberalization under the ASEAN China FTA (ACFTA). First, we calculate the level of commitments by applying the Hoekman Index. Second, we compare the ACFTA 2nd Package with the ACFTA 1st Package and examine the additional...
Persistent link: https://www.econbiz.de/10010925553
ASEAN Economic Ministers signed the Agreement on the Movement of Natural Persons (MNP) in 2012. This is a new instrument potentially facilitating the free flow of goods, services, investment, and skilled labour, thus contributing to the establishment of an ASEAN single market and production...
Persistent link: https://www.econbiz.de/10011212915
This study maps out the degree of liberalization of trade in services under four ASEAN+n frameworks. After constructing a database showing the existence of limitations on market access and/or national treatment by each service sector, the study finds that the commitment level differs greatly...
Persistent link: https://www.econbiz.de/10009147469
This paper examines how ASEAN-centered free trade agreements (FTAs) or so-called ASEAN+1 FTAs are correlated among themselves and thus have the potential to be merged into one single commitment toward the establishment of a Regional Comprehensive Economic Partnership (RCEP). The "Coverage Index"...
Persistent link: https://www.econbiz.de/10011099772