One of the selling points behind larger preferential trade agreements (PTAs) is the potential to encourage the spread of global value chains (GVCs). These supply chains are increasingly critical to the globalized economy. Large GVC operators may include up to 15,000 firms in their networks...

Digital trade in Asia had been booming even before the COVID-19 pandemic that drove large numbers of firms and consumers online. The region has also been at the forefront of digital trade rule-making. This paper by the Global Future Council on International Trade and Investment describes recent...