East Asian FTAs in Services
Bilateral and regional free trade agreements (FTAs) are proliferating across the globe, fundamentally altering the governance of world trade. Many of the recently concluded FTAs are comprehensive in their coverage, seeking to not only dismantle bar...
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| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2007/06/7818341/east-asian-ftas-services http://hdl.handle.net/10986/19240 |
| Summary: | Bilateral and regional free trade
agreements (FTAs) are proliferating across the globe,
fundamentally altering the governance of world trade. Many
of the recently concluded FTAs are comprehensive in their
coverage, seeking to not only dismantle barriers to trade in
goods but also the liberalization of trade in services. What
have FTAs in services actually accomplished? This paper
offers an assessment of the new generation of services
agreements that have been concluded in the East Asia region.
Until recently, governments in this region had been hesitant
to enter into bilateral or regional arrangements. Yet since
the year 2000-when only one regional services agreement was
in force-twenty-four agreements have been signed that
include at least one party in East Asia. Additionally,
around 40 FTAs are currently being negotiated in the region,
which suggests an even more prominent role for FTAs in the future. |
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