The Regional Comprehensive Economic Partnership (RCEP) is an ongoing free trade agreement involving ASEAN member states (AMSs) and six trading partners: Australia, China, India, Japan, South Korea and New Zealand. RCEP negotiations were launched in November 2012, and 18 rounds of negotiation...

ASEAN continues its efforts to liberalize services trade in the region as part of the process of establishing the ASEAN Economic Community (AEC). ASEAN has been increasing the level of regional liberalization through package negotiations of the ASEAN Framework Agreement on Services (AFAS). After...

As the US-China trade conflict intensifies, high dependence on US and China has been pointed out as a potential risk to the Korean economy. This calls for trade policies including diversification of trading partners and the establishment of a new model for trade agreements suitable to such...

Considering the third-country effects on bilateral incentives to sign a new PTA, we develop a theory-based empirical approach to access how a country's pre-existing PTAs affect her formation of a new PTA. Our empirical analysis using the theory-based measures of these effects confirms that a...