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Free Trade Agreements (FTA) in Asia (Master)


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Module Asian Free Trade Agreements (FTA) - Master and Doctorate in Business in Asia (eLearning)

The module “Asian Free Trade Agreements” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

  1. Doctorates: Asian Business, World Trade
  2. Master of Science in Business in Asia
  3. Master of Science in International Economic Relations

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In Asia there are several Trade Agreements (Free Trade Agreements, Economic Partnership...), both regional and extra-regional:

  1. Intra-regional: ASEAN, South Asian Association for Regional Cooperation (SAARC), Bay of Bengal Initiative (BIMSTEC), South Asian Free-Trade Area (SAFTA), Economic Cooperation Organisation (ECO)
  2. Extra-regional: Trans-Pacific Agreement, APEC, agreements with the European Union (EU)
  3. Bilateral intra-regional: China-ASEAN, India-Korea
  4. Bilateral extra-regional: China-Chile, Mexico-Japan

Furthermore, each Asian Country can have Free Trade Agreements (FTA) with the third countries. For example, Singapore has trade agreements with Peru, Panama, Australia, China, South Korea, the European Free Trade Association (EFTA), the United States, Japan, Jordan, New Zealand, and India, and is a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

A company wishing to do business in Asia should know all these agreements in force for all the target markets in the region.

The Master of Science in Business in Asia and the Doctorate includes the following Free Trade Agreements (FTA) and institutions related to foreign trade in the region.

Master: Asia Free Trade Agreements
Source: Economic and Social Commission for Asia.

Master: Asia Trade Agreements

  1. Asia-Pacific Trade Agreement
  2. Comprehensive and Progressive Agreement for Trans-Pacific Partnership

Free Trade Agreements of India.

  1. India-Sri Lanka
  2. India-Thailand
  3. India-Singapore Free Trade Agreement (FTA)
  4. India-Chile Free Trade Agreement (FTA)
  5. India-MERCOSUR
  6. Andean Community-India Free Trade Agreement (FTA)
  7. India-South Korea Free Trade Agreement (FTA)
  8. India-European Union
  9. India-New Zealand Free Trade Agreement (FTA)
  10. India-Mauritius
  11. ASEAN-India Free Trade Agreement (FTA)
  12. India-Southern Africa Customs Union

Proposed/Under consultation and study.

  1. India-Indonesia
  2. India-Cooperation Council for the Arab States of the Gulf
  3. India-Canada Free Trade Agreement (FTA)
  4. India-Australia Free Trade Agreement (FTA)
  5. India-European Free Trade Association (EFTA)

Free Trade Agreement (FTA) of China.

  1. China-ASEAN
  2. China-Pakistan
  3. China-New Zealand Free Trade Agreement (FTA)
  4. China-Singapore Free Trade Agreement (FTA)
  5. European Union-China Free Trade Agreement (FTA)
  6. China-Chile Free Trade Agreement (FTA)
  7. Andean Community-China Free Trade Agreement (FTA)
  8. China-Peru Free Trade Agreement (FTA)
  9. China-Costa Rica Free Trade Agreement (FTA)

Trade Agreements (other ASEAN Countries):

  1. ASEAN-Canada Free Trade Agreement (FTA)
  2. ASEAN-Australia-New Zealand Free Trade Agreement (FTA)
  3. ASEAN-European Union
  4. ASEAN-Japan Free Trade Agreement (FTA)
  5. ASEAN-South Korea Free Trade Agreement (FTA)
  6. ASEAN-Russia
  7. ASEAN-United States
  8. ASEAN-Pakistan
  9. India-Thailand
  10. India-Indonesia

Singapore.

  1. Singapore-South Korea Free Trade Agreement (FTA)
  2. Singapore-Australia Free Trade Agreement (FTA)
  3. Singapore-New Zealand Free Trade Agreement (FTA)
  4. United States-Singapore Free Trade Agreement (FTA)
  5. Singapore-Peru Free Trade Agreement (FTA)
  6. Singapore-Panama Free Trade Agreement (FTA)
  7. Singapore-European Free Trade Association (EFTA)
  8. Singapore-Japan Free Trade Agreement (FTA)
  9. Singapore-Jordan

Agreements (other Asian Countries):

  1. Preferential Trade Area Mauritius-Pakistan
  2. United States-South Korea Free Trade Agreement (FTA)
  3. European Union-South Korea Free Trade Agreement (FTA)
  4. South Korea-Chile Free Trade Agreement (FTA)
  5. Peru-South Korea Free Trade Agreement (FTA)
  6. Mexico-Japan Free Trade Agreement (FTA)
  7. Taiwan-Nicaragua Free Trade Agreement (FTA)
  8. Panama-Taiwan Free Trade Agreement (FTA)
  9. Guatemala-Taiwan Free Trade Agreement (FTA)
  10. Taiwan-Honduras-El Salvador
  11. United States-Australia Free Trade Agreement (FTA)
  12. Australia-Chile Free Trade Agreement (FTA)

If the country of the exporter (or importer):

a) Has Agreements 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...) however, it also needs 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 an agreement in force with the 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 Argentinian 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 Trade Agreement in force with Singapore, and the Peruvian, Panamanian or Chinese company have all the advantages inherent to the FTA (although each agreement may vary in content). The Argentinian company should consider this factor in its export strategy to the region.

Master: Asia-Pacific Trade Agreement APTA

Master in Business in Asia: Organisations, China, India, Southeast Asia, Central Asia

Study Master Doctorate in International Business in Spanish Master en Negocios en Asia Study, Course Master Doctorate in International Business in French Master en Affaires en Asie Masters Foreign Trade in Portuguese Mestrado em Negócios na Asia



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