Free trade agreements in Asia - Master e-learning

Module Free trade agreements in Asia Master business in Asia Master in International Economic Relations and Regional Integration In Asia there are several Trade Agreements (Free trade agreements, Economic Partnership ...), both regional and extra-regional: Intra-regionals: ASEAN, SAARC, BIMSTEC, SAFTA, EurAsEC, ECO ... Extra-regionals: TPP, APEC, Agreements with the European Union ... Bilaterals intra-regional: FTA China - ASEAN FTA India - Korea ... Bilaterals extra-regional: FTA China - Chile, Mexico FTA - Japan ... Furthermore, each Asian country can have Free trade agreements with 3th countries. For example, Singapore has FTAs with Peru, Panama, Australia, China, Korea, EFTA, USA, Japan, Jordan, New Zealand and India, and is member of the Trans-Pacific Strategic Economic Partnership Agreement (TPP). A company wishing to do business in Asia should to know all these agreements in force for all target markets in the region. The Master Doing business in Asia includes the following Free trade agreements and institutions related to foreign trade in the region.

Source: UNESCAP.

Asia-Pacific Trade Agreement (APTA) Trans-Pacific Strategic Economic Partnership Agreement (TPP) FTA of China China - ASEAN China - Pakistan China - New Zealand China - Singapore European Union - China China - Chile Andean Community - China China - Peru China - Costa Rica FTA of India India - Sri Lanka India - Thailand India - Singapore India - Chile India - MERCOSUR Andean Community - India India - South Korea India - European Union India - New Zealand India - Mauritius ASEAN - India India - SACU Proposed / Under consultation and study India - Indonesia India - Cooperation Council for the Arab States of the Gulf India - Canada India - Australia India - EFTA

FTAs of other ASEAN countries: ASEAN Canada ASEAN Australia New Zealand ASEAN European Union ASEAN Japan ASEAN Korea ASEAN Russia ASEAN - US ASEAN Pakistan India - Thailand India - Indonesia Singapore - Korea Singapore - Australia Singapore - New Zealand US - Singapore Singapore - Peru Singapore - Panama Singapore - EFTA States Singapore - Japan Singapore - Jordan FTAs of other Asian countries: US - Korea European Union - South Korea South Korea - Chile Peru - South Korea Mexico - Japan EPA Taiwan - Nicaragua Panama - Taiwan Guatemala - Taiwan Taiwan - Honduras - El Salvador US - Australia Australia - Chile

If the country of the exporter (or importer):

a) Has FTAs in force with some Asian country:
The exporter should take advantages of the agreement (tariff reductions, Rules and certificate of Origin, technical standards, investment, Intellectual Property Rights (IPR), public procurement, trade in services ...). But also need to know if other countries may have agreements in force with one of these countries.

b) Has no agreement in force with any Asian country:
One possible scenario is that another country (or region) can have some agreement in force with Asian countries. Then, the exporter has a disadvantage.

All these factors are essential to design and adapt the International marketing strategy for each target market in Asia.

For example, an Argentinean company wishing to export to Singapore would be at a disadvantage with a Peruvian, Panamanian or Chinese company, as both Peru, Panama and China have a FTA / Trade Agreement in force with Singapore, and the Peruvian, Panamanian or Chinese company have all the advantages inherent to the FTA (although each FTA may vary in content). The Argentinean company should consider this factor in its export strategy to the region.

Master business in Asia: Organizations - China - India - Southeast Asia - ASEAN - East and South Asia - Central Asia - Free trade agreements

Master Asia Master Asie