Preferential Trade Agreements in the Asia-Pacific Region

Author/Editor:

Tubagus Feridhanusetyawan

Publication Date:

July 1, 2005

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and implementation, and assesses their potential effects. Realizing the potential gains from Asia-Pacific PTAs requires a commitment to liberalize sensitive sectors, to maintain consistent provisions, and to enforce agreements. Other factors, including administrative complications, also could undermine any potential gains.

Series:

Working Paper No. 2005/149

Subject:

Customs unions Tariffs Trade agreements Trade liberalization Valuation, origin and classification

English

Publication Date:

July 1, 2005

ISBN/ISSN:

9781451861686/1018-5941

Stock No:

WPIEA2005149

Pages:

40

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