The Importance of CJK FTA for the Development of Trilateral Cooperation
|
|
- Audrey Harrington
- 5 years ago
- Views:
Transcription
1 The Importance of CJK FTA for the Development of Trilateral Cooperation April 7, 2016 Chang Jae LEE Korea Institute for International Economic Policy
2 Contents I. Brief history of CJK FTA II. Reasons why a CJK FTA is needed III. Prospects for the CJK FTA 1
3 A decade of preparations for the CJK FTA Trilateral Joint Research on CJK FTA ( ) DRC of China, NIRA/IDE-JETRO of Japan, KIEP of Korea Official Tripartite Joint Study for a CJK FTA Based on the recommendations of the Trilateral Joint Research, the leaders agreed to launch an OTJS at the Second Trilateral Summit Meeting in Beijing in October Joint Study Committee for a CJK FTA: May December 2011 At the Fifth Trilateral Summit Meeting in Beijing, in May 2012, the leaders of the three countries agreed to start the CJK FTA negotiations within the year. In November, 2012, the Trade Ministers of the three countries announced the launch of the CJK FTA negotiations. 3
4 CJK FTA negotiations The first round: in Seoul on March 26-28, 2013 The second round: in Shanghai on July 29 - August 2, 2013 The third round: in Tokyo on November 26-29, 2013 The fourth round in Seoul on March 4-7, 2014 The fifth round: in Beijing on September 1-5, 2014 The sixth round The working level meeting: in Tokyo on November 24-28, 2014 The Chief Delegate level meeting: in Tokyo on January 16-17, 2015 The seventh round The working level meeting: in Seoul on April 13-17, 2015 The Chief Delegate level meeting: in Seoul on May 12-13, 2015 The eighth round The working level meeting: in Beijing on July 20-24, 2015 The Chief Delegate level meeting: in Beijing on Sept , 2015 The ninth round The working level meeting: in Hakone on December 14-18, 2015 The Chief Delegate level meeting: in Tokyo on January 18-19,
5 Why is a CJK FTA necessary? Natural FTA partners Neighboring countries All three countries have formed many FTAs Major trading partners Commonalities Strong manufacturing sectors, less competitive service sectors Cultural similarities Participation in RCEP (Regional Comprehensive Economic Partnership) negotiations Current situation: Slow economic growth and difficulties in trade To turn obstacles into motivating factors Political and security tension in Northeast Asia 5
6 Natural FTA partners Being neighbors, the three countries are natural partners for a regional trade agreement (RTA). RTA: FTA, Customs union, Common market All three countries have formed many FTAs China: 12 FTAs (with 18 countries) are in effect Japan: 14 FTAs (with 16 countries) are in effect Korea: 14 FTAs (with 51 countries) are in effect However, among the three countries, there was no FTA until quite recently. The Korea-China FTA has been in effect since December 20, The Korea-Japan FTA negotiations started in December 2003 and have been stalled since November
7 Current status of FTAs in China Signed and in effect ASEAN Pakistan Chile New Zealand Singapore Peru Hong Kong* Macao* Costa Rica Iceland Switzerland Korea Signed but not in effect Australia CJK FTA RCEP Negotiations launched GCC Norway Sri Lanka Maldives Georgia Note: * Closer Economic Partnership Arrangement Source: Ministry of Commerce, PRC. 7
8 Current status of FTAs in Japan Signed and in effect Singapore Mexico Malaysia Chile Thailand Indonesia Brunei ASEAN Philippines Switzerland Viet Nam India Peru Australia Signed but not in effect Mongolia TPP CJK FTA RCEP Negotiations launched Canada Colombia European Union GCC Korea Source: Ministry of Foreign Affairs of Japan. 8
9 Current status of FTAs in Korea Signed and in effect Chile Singapore EFTA ASEAN India European Union Peru United States Turkey Australia Canada China New Zealand Viet Nam Signed but not in effect Colombia CJK FTA RCEP Negotiations launched Central America* Ecuador Japan Mexico GCC Indonesia Note: * Panama, Costa Rica, Guatemala, Honduras, El Salvador, Nicaragua Source: Ministry of Trade, Industry and Energy of ROK. 9
10 Natural FTA partners: Major trading partners Major trading partners (in 2014) For China, Japan and Korea were the third and fourth largest export destinations, respectively, while they were the second and the largest import sources, respectively. For Japan, China and Korea were the second and the third largest export destinations, respectively, while they were the largest and seventh largest import sources, respectively. For Korea, China and Japan were the largest and the third largest export destinations, respectively, while they were the largest and the second largest import sources, respectively. Shares of intra-regional trade among the three countries (in 2014) China s exports: 10.7%; China s imports: 18.0% Japan s exports: 25.8%; Japan s imports: 26.4% Korea s exports: 31.0%; Korea s imports: 27.4% 10
11 China s trade dependency on Japan and Korea - Exports - - Imports - (%) Source: Calculated from IMF Direction of Trade Statistics.
12 Japan s trade dependency on China and Korea - Exports - - Imports - (%) Source: Calculated from IMF Direction of Trade Statistics.
13 Korea s trade dependency on China and Japan - Exports - - Imports - (%) Source: Calculated from IMF Direction of Trade Statistics.
14 Commonalities China, Japan and Korea have strong manufacturing sectors but their service sectors are relatively weak. So, they could utilize the CJK FTA to make their service sectors more competitive. Cultural similarities Confucianism, Buddhism Chinese characters ( 漢字 ) Belong to Northeast Asia, East Asia and the Asia-Pacific ASEAN+3 framework, East Asia Summit, APEC A CJK FTA would be a first step toward a Northeast Asia Economic Community RCEP Participating the RCEP negotiations since May th round of negotiations were held in February 2016 Target year:
15 Additional rationale: Current economic difficulties Slow GDP growth (2015) Japan: 0.4% Korea: 2.6% China: 6.9% Difficulties in trade All three countries have recently experienced difficulties in trade. In particular, in 2015, both exports and imports of all three countries decreased markedly. Low level of intra-regional trade The level of intra-regional trade among the three countries has continued to decrease since
16 Japan s GDP Growth Rate (Quarterly annualized rate, %)
17 Korea s GDP Growth Rate (Quarterly annualized rate, %)
18 China s GDP Growth Rate (Quarterly annualized rate, %)
19 Current Status of Trade in China, Japan and Korea (Growth rates, %) China Japan Korea Exports Imports Exports Imports Exports Imports Sources: IMF Directions of Trade Statistics; KITA; JETRO, Japan s International Trade in Goods.
20 Trends of Exports in China, Japan and Korea China Japan Korea
21 Trends of Imports in China, Japan and Korea China Japan Korea
22 Shares of intra-regional trade in CJK (Unit: percent) Source: Calculated from IMF Direction of Trade Statistics. 22
23 Regional introversion index of CJK Source: IMF Direction of Trade Statistics. 23
24 To turn obstacles into incentives Political and security tension in the region is often considered the major obstacle to CJK FTA. Caused by legacies of past history including territorial disputes In fact, we witnessed that deteriorating political relations among the three countries produced negative effects on their economic cooperation and ongoing CJK FTA negotiations. By reversing the way of thinking, in order to reduce the regional political and security tension, we do need to enhance economic cooperation among the three countries. A CJK FTA could contribute to reducing regional political and security tension by reviving economic cooperation among the three countries. 24
25 Prospects for the CJK FTA: Variables Current economic situations Given the economic and trade difficulties, the three countries could be more cautious about their sensitive sectors, thus more reluctant to further liberalization. RCEP The CJK FTA among the three countries would normally be simpler to conclude than an RCEP with 16 participants. Since China, Japan and Korea are members of the RCEP, when the CJK FTA is concluded, it could contribute to the formation of RCEP. In fact, the three countries could either be stumbling blocks or facilitators for the formation of RCEP. Problem: the process of CJK FTA negotiations seems to be lagging behind the RCEP process TPP Ratification process may take a long time 25
26 Prospects for the CJK FTA: Future directions Trade in goods: Further liberalization is needed to make the three economies more competitive Trade in services and investment Given the relative weakness of service sectors, more attention should be given to further liberalization of service sectors. In order to deepen economic integration among the three countries, investment liberalization should be encouraged. Trade and investment facilitation Non-tariff barriers should be substantially eliminated Political leadership is needed A CJK FTA should be regarded by the leaders as not only a key institutional instrument to facilitate trade and investment among the three countries, but also a first step toward a new era of cooperation for Northeast Asia. 26
27 Thank You
The Relative Significance of EPAs in Asia-Pacific
The Relative Significance of EPAs in Asia-Pacific 10 November 2015 Kenichi Kawasaki GRIPS/JIIA/RIETI 29 October 2011 Overview The relative significance of EPAs in Asia-Pacific TPP and RCEP are shown to
More informationRIETI Special Seminar. The New Landscape of World Trade with Mega-FTAs and Japan's Strategy. Handout. URATA Shujiro
RIETI Special Seminar The New Landscape of World Trade with Mega-FTAs and Japan's Strategy Handout URATA Shujiro Faculty Fellow, RIETI / Professor of Economics, Graduate School of Asia-Pacific Studies,
More informationFREE TRADE AGREEMENTS ANALYSIS
FREE TRADE AGREEMENTS ANALYSIS F R E E T R A D E A G R E E M E N T S I N F O R C E Free Trade Agreement About the Free Trade Agreement ASEAN-Australia-NZ Free Trade Agreement (AANZFTA) The AANZFTA is Australia
More informationChina s FTA Initiatives with Trading Partners Initiative ASEAN China FTA China Pakistan FTA Signed in 2006 China Chile FTA Signed in 2005 China New Ze
China s FTA Policy and its implications for Regional Cooperation Dr. SHEN Minghui National Institute of International Strategy, Chinese Academy of Social Sciences (NIIS, CASS) 2016 Northeast Asia International
More informationJapan s New Trade Policy in Asia-Pacific
Japan s New Trade Policy in Asia-Pacific August 22, 2013 Shujiro URATA Waseda University 1 Contents I. Japan s Economic Situation II. High Economic Growth and Regional Economic Integration in Asia-Pacific
More informationChapter 2 Development of rules, including trade agreements
Chapter 2 Development of rules, including trade agreements Part II. Chapter 2. Section 2 explained the need to adopt a free and fair high-level trade policy in consideration of the changes occurring in
More informationCurrent Status and Challenges. May 14, Shujiro URATA Waseda University
Japan s FTA/EPA Strategy: Current Status and Challenges May 14, 2013 Shujiro URATA Waseda University Outline 1. Current Status of Japan s FTAs/EPAs 2. RCEP vs. TPP 3. Impacts of TPP and RCEP on Japanese
More informationJapan s FTA Strategy. August 7, Shujiro URATA Waseda University
Japan s FTA Strategy August 7, 2014 Shujiro URATA Waseda University 1 Contents I. Japan s Economic Situation II. High Economic Growth and Regional Economic Integration in Asia-Pacific III. Japan s New
More informationEU Trade Policy and CETA
EU Trade Policy and CETA http://www.youtube.com/watch?v=iioc5xg2i5y The EU a major trading power European Commission, 2013 The EU a major trading power % of global exports, goods, 2012 % of global exports,
More informationChina s FTA Arrangement with Other Countries and. Its Prospect
Zhang Jianping * National Development and Reform Commission FTA 1 is one of the most important forms of regional trade arrangement in the world. In recent years, it has been developing rapidly as an approach
More informationLegal Review of FTA Tariff Negotiations
Legal Review of FTA Tariff Negotiations Prof. Jong Bum Kim August 6, 2007 Legal Review of FTA Tariff Negotiations 1. Recent state of FTAs in the world Causes behind FTA Proliferation 2. WTO Consistent
More informationEconomy Report - China
2005/FTA-RTA/WKSP/020 Economy Report - China Submitted by: Ms. Zhao Jie & Mr. Han Yi, China Workshop on Identifying and Addressing Possible Impacts of RTAs/FTAs Development on APEC Developing Member Economies
More informationtariff global business nontariff barriers multinational corporation quota direct foreign investment trade barriers voluntary export restraints
global business tariff multinational corporation nontariff barriers direct foreign investment quota trade barriers voluntary export restraints protectionism government import standard A direct tax on imported
More informationSTANDARDS ANDTRADE. Eileen Hill Team Leader for Standards International Trade Administration U.S. Department of Commerce
STANDARDS ANDTRADE Eileen Hill Team Leader for Standards International Trade Administration U.S. Department of Commerce D13 Workshop on Smart Textiles June 26, 2016 1 Standards Related Trade Challenges
More informationCharting Mexico s Economy
Charting Mexico s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June
More informationTPP11 Agreement in Principle: Japan s Role in Mega-regional Trade Agreements
TPP11 Agreement in Principle: Japan s Role in Mega-regional Trade Agreements December 15, 2017 Shujiro URATA Waseda University Contents Mega-regional FTA Negotiations Japan s objectives behind mega-regional
More informationPlurilateralism: A New Way of Trade Liberalism?
Plurilateralism: A New Way of Trade Liberalism? E-Leader Vienna 6 8 June, 2016 Ludmila Sterbova University of Economics, Prague Historical Background of Trade Liberalism/1 20 th Century 1929-30 Great Depression
More informationThe Relative Significance of EPAs in Asia-Pacific
The Relative Significance of EPAs in Asia-Pacific 19 June 2014 Consulting Fellow, RIETI Kenichi Kawasaki 29 October 2011 Overview The relative significance of EPAs in Asia-Pacific TPP and RCEP are shown
More informationChapter 1 Worldwide expansion of economic partnership networks and the creation of the multilateral trading system
Part III International Economic Policy In order to underpin the competitiveness in export, competitiveness in attracting people and enterprises and competitiveness of Japanese multinationals, which were
More informationRegional Trade Agreements and US-China Trade Relations
Regional Trade Agreements and US-China Trade Relations Jeffrey J. Schott 1 Introduction Almost two decades ago, United States and Chinese leaders agreed at the Asia-Pacific Economic Cooperation (APEC)
More informationCurrent Status and Future Prospects of the TPP Negotiations
Current Status and Future Prospects of the TPP Negotiations Jeffrey J. Schott Senior Fellow Peterson Institute for International Economics Prepared for a seminar at RIETI Tokyo, Japan 31 January 2014 1
More informationPresentation by Economy Under Review - Chile
2008/SOM3/013anx3 Agenda Item: IV Presentation by Economy Under Review - Chile Purpose: Consideration Submitted by: APEC Secretariat Third Senior Officials Meeting Lima, Peru 22-23 August 2008 CHILE IAP
More informationEFTA FREE TRADE RELATIONS
EFTA FREE TRADE RELATIONS Relations with the rest of the world Brussels, Monday 4 December 2017 By Martin Zbinden, Deputy Secretary-General, EFTA Secretariat Agenda EFTA free trade network The EFTA FTA
More informationASEAN-Australia-New Zealand Free Trade Area (AANZFTA) Ms Foo May Yan Manager (FTA Division) Trade Services and Policy Group 9 July 2010
ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) Ms Foo May Yan Manager (FTA Division) Trade Services and Policy Group 9 July 2010 THE SINGAPORE PUBLIC SERVICE: INTEGRITY SERVICE EXCELLENCE 1 Outline
More informationJapan s Efforts to Encourage SMEs to Utilize EPAs
2012/CTI/WKSP/007 Session 2 Japan s Efforts to Encourage SMEs to Utilize EPAs Submitted by: Japan Workshop on Increasing Free Trade Agreement Utilization by SMEs Tokyo, Japan 7 August 2012 Japan s efforts
More informationServices Trade: Essential Fuel for U.S. and Global Economic Growth
Services Trade: Essential Fuel for U.S. and Global Economic Growth CHRISTINE BLISS, PRESIDENT, THE COALITION OF SERVICES INDUSTRIES SERVICESCOALITION.ORG The Role of Services in the U.S. Economy The United
More informationReport Special Committee Q184
A I P P I ASSOCIATION INTERNATIONALE POUR LA PROTECTION DE LA PROPRIETE INTELLECTUELLE INTERNATIONAL ASSOCIATION FOR THE PROTECTION OF INTELLECTUAL PROPERTY INTERNATIONALE VEREINIGUNG FÜR DEN SCHUTZ DES
More informationSURVEY TO DETERMINE THE PERCENTAGE OF NATIONAL REVENUE REPRESENTED BY CUSTOMS DUTIES INTRODUCTION
SURVEY TO DETERMINE THE PERCENTAGE OF NATIONAL REVENUE REPRESENTED BY CUSTOMS DUTIES INTRODUCTION This publication provides information about the share of national revenues represented by Customs duties.
More informationEstablishment of Disciplines on Formation of Economic Partnerships. Reasons for Discussing Economic Partnership Agreements in this Report
OVERVIEW Establishment of Disciplines on Formation of Economic Partnerships Reasons for Discussing Economic Partnership Agreements in this Report The numbers of EPAs/FTAs are rapidly increasing around
More informationAPEC Development Outlook and the Progress of Regional Economic Cooperation and Integration
2017/FDM1/004 Session: 1 APEC Development Outlook and the Progress of Regional Economic Cooperation and Integration Purpose: Information Submitted by: Asian Development Bank Finance and Central Bank Deputies
More informationDivision on Investment and Enterprise
Division on Investment and Enterprise Readers are encouraged to use the data in this publication for non-commercial purposes, provided acknowledgement is explicitly given to UNCTAD, together with the reference
More informationTotal Imports by Volume (Gallons per Country)
3/7/2018 Imports by Volume (Gallons per Country) YTD YTD Country 01/2017 01/2018 % Change 2017 2018 % Change MEXICO 54,235,419 58,937,856 8.7 % 54,235,419 58,937,856 8.7 % NETHERLANDS 12,265,935 10,356,183
More informationKorea and the FTA. Dr Sang-Min Woo Trade and Investment Commissioner, Korea
Korea and the FTA Dr Sang-Min Woo Trade and Investment Commissioner, Korea 1) KOREA OVERVIEW: AT A GLANCE 1. Geo-strategic location 2. 50 million in population 3. 1/17 of Queensland in size 4. Strong influence
More informationAsian Noodle Bowl of International Investment Agreements (IIAs)
Asian Noodle Bowl of International Investment Agreements (IIAs) ARTNeT Conference 10 December, 2013 Macau, PRC Shintaro Hamanaka Economist, Office of Regional Economic Integration (OREI), Asian Development
More informationJoint Report and Policy Recommendations on. the Possible Roadmaps of a Free Trade Agreement. between China, Japan and Korea
Joint Report and Policy Recommendations on the Possible Roadmaps of a Free Trade Agreement between China, Japan and Korea December 2008 Trilateral Joint Research by Development Research Center (DRC) of
More informationTotal Imports by Volume (Gallons per Country)
5/4/2016 Imports by Volume (Gallons per Country) YTD YTD Country 03/2015 03/2016 % Change 2015 2016 % Change MEXICO 53,821,885 60,813,992 13.0 % 143,313,133 167,568,280 16.9 % NETHERLANDS 11,031,990 12,362,256
More informationJapan-ASEAN Comprehensive Economic Partnership
Japan- Comprehensive Economic Partnership By Dr. Kitti Limskul 1. Introduction The economic cooperation between countries and Japan has been concentrated on trade, investment and official development assistance
More informationRina Oktaviani Bogor Agricultural University, Indonesia
Dhaka Roundtable on Reviving the Multilateral Trading System: Post-Bali Issues 23 24 November 2014, Bangladesh Session 6 Post-2015 International ti Development Agenda and Multilateral Trading System by
More informationElephants in a bazaar?
Elephants in a bazaar? The TTIP and TPP effects on developing countries and the multilateral trade system Max Mendez-Parra, International Economic Development Group, ODI @m_mendezparra Why Mega-regionals?
More informationAPEC, East Asia Consortium and Global Imbalance
APEC, East Asia Consortium and Global Imbalance --for US-JI Symposium 2010 Xiaopeng Yin UIBE, China Presentation Outline 1. Proposed Role and Current Status of APEC Economic integration and regional co-op
More informationWorld Economy: Prospects and Risks Masahiro Kawai Graduate School of Public Policy Univ. of Tokyo
World Economy: Prospects and Risks Masahiro Kawai Graduate School of Public Policy Univ. of Tokyo Seoul 13 June 2017 Prospects of the World Economy The world economy is growing in 2017 The US Fed continues
More informationTotal Imports by Volume (Gallons per Country)
6/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 04/2017 04/2018 % Change 2017 2018 % Change MEXICO 60,968,190 71,994,646 18.1 % 231,460,145 253,500,213 9.5 % NETHERLANDS 13,307,731 10,001,693
More informationAsia-Pacific Trade Briefs: Hong Kong, China
i Asia-Pacific Trade Briefs: Hong Kong, China Merchandise Trade Hong Kong, China has a trade-to-gdp ratio of 386.95%. Merchandise trade accounted for 86.3% of Hong Kong, China's total trade in 2017. Hong
More informationTotal Imports by Volume (Gallons per Country)
4/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 02/2017 02/2018 % Change 2017 2018 % Change MEXICO 53,961,589 55,268,981 2.4 % 108,197,008 114,206,836 5.6 % NETHERLANDS 12,804,152 11,235,029
More informationJapan, the US and TPP-11: Where do we go from here?
Japan, the US and TPP-11: Where do we go from here? Masahiro Kawai, PhD Economic Research Institute for Northeast Asia and Graduate School of Public Policy, Univ. of Tokyo "Japan in 2019: A Look at the
More informationArgentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
More informationSTANDARDS AND TRADE. Eileen Hill Team Leader for Standards International Trade Administration U.S. Department of Commerce
STANDARDS AND TRADE Eileen Hill Team Leader for Standards International Trade Administration U.S. Department of Commerce September 16, 2015 1 Standards Related Trade Challenges and Tools Standards-related
More informationCurrent Issues in International Tax Policy
Current Issues in International Tax Policy Shigeto HIKI Director, International Tax Policy Division, Tax Bureau, Ministry of Finance, Japan The Fourth IMF-Japan High-Level Tax Conference For Asian Countries
More informationEconomic Outlook and Risks in the APEC Region
2018/FMM/002 Agenda Item: 1.1 Economic Outlook and Risks in the APEC Region Purpose: Information Submitted by: ADB 25th Finance Ministers Meeting Port Moresby, Papua New Guinea 17 October 2018 Economic
More informationINTELLECTUAL PROPERTY RIGHTS IN BILATERAL AND REGIONAL TRADE AGREEMENTS
INTELLECTUAL PROPERTY RIGHTS IN BILATERAL AND REGIONAL TRADE AGREEMENTS TRADE, INVESTMENT AND INNOVATION DIVISION Teemu Alexander Puutio Luca Parisotto 11 March 2016 Observations: the Role of the Multilateral
More informationTotal Imports by Volume (Gallons per Country)
7/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 05/2017 05/2018 % Change 2017 2018 % Change MEXICO 71,166,360 74,896,922 5.2 % 302,626,505 328,397,135 8.5 % NETHERLANDS 12,039,171 13,341,929
More informationAPEC AND PROGRESS TOWARD BOGOR GOALS
APEC AND PROGRESS TOWARD BOGOR GOALS Inter-American Development Bank March 2010 This document was prepared by the Integration and Trade Sector (INT) of the Inter-American Development Bank (IDB) for the
More informationRole of RCI in Addressing Developing Asia s Long-term Challenges
Role of RCI in Addressing Developing Asia s Long-term Challenges Yasuyuki Sawada Chief Economist and Director General Economic Research and Regional Cooperation Department Asian Development Bank International
More informationANALYSIS OF JAPAN S EXISTING AND FORTHCOMING FREE TRADE AGREEMENTS IN THE ASIA PACIFIC AND GLOBAL CONTEXT
30 Analysis of Japan s existing and forthcoming free trade agreements in the Asia ANALYSIS OF JAPAN S EXISTING AND FORTHCOMING FREE TRADE AGREEMENTS IN THE ASIA PACIFIC AND GLOBAL CONTEXT Florin Bonciu
More informationAdvancing Good Corporate Governance by Promoting Utilization of the OECD Principles of Corporate Governance
011/SOM1/EC/WKSP1/00 Advancing Good Corporate Governance by Promoting Utilization of the OECD Principles of Corporate Governance Submitted by: PECC Workshop on Advancing Good Corporate Governance by Promoting
More informationTotal Imports by Volume (Gallons per Country)
11/2/2018 Imports by Volume (Gallons per Country) YTD YTD Country 09/2017 09/2018 % Change 2017 2018 % Change MEXICO 49,299,573 57,635,840 16.9 % 552,428,635 601,679,687 8.9 % NETHERLANDS 11,656,759 13,024,144
More information15 Popular Q&A regarding Transfer Pricing Documentation (TPD) In brief. WTS strong presence in about 100 countries
15 Popular Q&A regarding Transfer Pricing Documentation (TPD) Contacts China Martin Ng Managing Partner Martin.ng@worldtaxservice.cn + 86 21 5047 8665 ext.202 Xiaojie Tang Manager Xiaojie.tang@worldtaxservice.cn
More informationGlobal Economic Management and Asia s Responsibility Masahiro Kawai Asian Development Bank Institute
Global Economic Management and Asia s Responsibility Masahiro Kawai Asian Development Bank Institute PECC 18 th General Meeting Economic Crisis and Recovery: Roles for the Asia-Pacific Economies Washington,
More informationClick to edit Master title style. Presented by Sylvia Solf Private and Financial Sector Vice-presidency World Bank Group
Doing Business 2009 Presented by Sylvia Solf Private and Financial Sector Vice-presidency World Bank Group 2007 Starting a business Dealing with construction permits Employing workers Registering property
More informationBRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA)
BRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA) BY SYAHRIL SYAZLI GHAZALI Strategic Negotiation Division MITI 21 January 2016 1 BRIEF BACKGROUND 2005 (P4) - Brunei, Chile, Singapore & New Zealand.
More informationTotal Imports by Volume (Gallons per Country)
10/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 08/2017 08/2018 % Change 2017 2018 % Change MEXICO 67,180,788 71,483,563 6.4 % 503,129,061 544,043,847 8.1 % NETHERLANDS 12,954,789 12,582,508
More informationTotal Imports by Volume (Gallons per Country)
12/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 10/2017 10/2018 % Change 2017 2018 % Change MEXICO 56,462,606 60,951,402 8.0 % 608,891,240 662,631,088 8.8 % NETHERLANDS 11,381,432 10,220,226
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, July 14,
More informationTotal Imports by Volume (Gallons per Country)
2/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 11/2017 11/2018 % Change 2017 2018 % Change MEXICO 48,959,909 54,285,392 10.9 % 657,851,150 716,916,480 9.0 % NETHERLANDS 11,903,919 10,024,814
More informationTotal Imports by Volume (Gallons per Country)
3/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 12/2017 12/2018 % Change 2017 2018 % Change MEXICO 54,169,734 56,505,154 4.3 % 712,020,884 773,421,634 8.6 % NETHERLANDS 11,037,475 8,403,018
More informationWhy Corporate Governance is Important in APEC Economies
2008/SOM3/EC/WKSP/007 Agenda Item: 2 Why Corporate Governance is Important in APEC Economies Submitted by: Chile Workshop on Corporate Governance Lima, Peru 17 August 2008 Why Corporate Governance is Important
More informationKorea s FTAs: Current Status and Issues
JEF- PIIE Symposium Korea s FTAs: Current Status and Issues Chulsu Kim Institute for Trade and Investment Seoul November 27, 2007 1. Overview of Korea s FTAs Status Korea s FTA Partners Implemented Chile
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, December
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, February
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Thursday, July
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, January
More information2017 APEC CEO Survey Key Findings
A world in transition: PwC s 2017 APEC CEO Survey 2017 APEC CEO Survey Key Findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid trade policy environment
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, April
More informationOVERVIEW. Reasons for Discussing Economic Partnership Agreements in this Report. Establishment of Disciplines on Formation of Economic Partnerships
OVERVIEW Establishment of Disciplines on Formation of Economic Partnerships Reasons for Discussing Economic Partnership Agreements in this Report Recently, the number of Free Trade Agreements ( FTAs )
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, October
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, August
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, November
More informationSummary 715 SUMMARY. Minimum Legal Fee Schedule. Loser Pays Statute. Prohibition Against Legal Advertising / Soliciting of Pro bono
Summary Country Fee Aid Angola No No No Argentina No, with No No No Armenia, with No No No No, however the foreign Attorneys need to be registered at the Chamber of Advocates to be able to practice attorney
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Thursday, October
More informationJuly 12, 2013 Hanoi,Vietnam
The 6th Dialogue between Secretary General of ASEAN and Federation of ese Chambers of Commerce and Industry in ASEAN (FJCCIA) July 12, 2013 Hanoi,Vietnam is the principal investor in ASEAN(2011), in terms
More informationTotal Imports by Volume (Gallons per Country)
10/5/2017 Imports by Volume (Gallons per Country) YTD YTD Country 08/2016 08/2017 % Change 2016 2017 % Change MEXICO 51,349,849 67,180,788 30.8 % 475,806,632 503,129,061 5.7 % NETHERLANDS 12,756,776 12,954,789
More informationSETTLEMENT OF DISPUTES
Chapter 8 SETTLEMENT OF DISPUTES BETWEEN STATES, IMPROVEMENT OF BUSINESS ENVIRONMENT Settlement of Disputes between States Background of the Rules Regional trade agreements, including free trade agreements
More informationRecent Topics on Japan s Trade Policy. Feb. 4th, 2013 Asia Pacific Forum Nobuhiko Sasaki Vice-Minister for International Affairs METI
Recent Topics on Japan s Trade Policy Feb. 4th, 2013 Asia Pacific Forum Nobuhiko Sasaki Vice-Minister for International Affairs METI Contents 1. FTA 2. APEC 3. WTO 4. Abe administration s policies 1 1.
More informationEnvironmental Goods Agreement (EGA) negotiations Civil Society Dialogue meeting 13 September 2016
Environmental Goods Agreement (EGA) negotiations Civil Society Dialogue meeting 13 September 2016 Disclaimer: All images and photographs in this presentation are used purely for purposes of demonstration
More informationLessons and Experiences of Mexico in Dealing with Issues Emerging from RTAs/FTAs Participation
006/SOM/CTI/FTA-RTA/0 Lessons and Experiences of Mexico in Dealing with Issues Emerging from RTAs/FTAs Participation Submitted by: Mexico APEC Workshop on Best Practices in Trade Policy for RTAs/FTAs:
More informationA world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. The Philippines findings.
A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey The Philippines findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a
More informationA world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Malaysia s findings.
A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey Malaysia s findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid
More informationDoes One Law Fit All? Cross-Country Evidence on Okun s Law
Does One Law Fit All? Cross-Country Evidence on Okun s Law Laurence Ball Johns Hopkins University Global Labor Markets Workshop Paris, September 1-2, 2016 1 What the paper does and why Provides estimates
More informationTotal Imports by Volume (Gallons per Country)
1/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 11/2016 11/2017 % Change 2016 2017 % Change MEXICO 50,994,409 48,959,909 (4.0)% 631,442,105 657,851,150 4.2 % NETHERLANDS 9,378,351 11,903,919
More informationThe Political Economy of Reform in Resource Rich Countries
The Political Economy of Reform in Resource Rich Countries Professor Ragnar Torvik Department of Economics Norwegian University of Science and Technology High-level seminar on Natural resources, finance,
More informationMacroprudential policy over the business cycle
Macroprudential policy over the business cycle Pablo Federico (University of Maryland) Carlos Vegh (University of Maryland and NBER) Guillermo Vuletin (Colby College) Meeting of Monetary Policy Advisors
More informationBelize FedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationBelize FedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationIndex of Financial Inclusion. (A concept note)
Index of Financial Inclusion (A concept note) Mandira Sarma Indian Council for Research on International Economic Relations Core 6A, 4th Floor, India Habitat Centre, Delhi 100003 Email: mandira@icrier.res.in
More informationWorld Trade Organization Economic Research and Statistics Division
Staff Working Paper ERSD-2012-20 Date: 31 October 2012 World Trade Organization Economic Research and Statistics Division MARKET ACCESS PROVISIONS ON TRADE IN GOODS IN REGIONAL TRADE AGREEMENTS by Jo-Ann
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationTotal Imports by Volume (Gallons per Country)
2/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 12/2016 12/2017 % Change 2016 2017 % Change MEXICO 50,839,282 54,169,734 6.6 % 682,281,387 712,020,884 4.4 % NETHERLANDS 10,630,799 11,037,475
More informationTaking ASEAN+1 FTAs towards the RCEP
Taking ASEAN+1 FTAs towards the RCEP Ikumo Isono Economist Economic Research Institute for ASEAN and East Asia (ERIA) October 30, 2013, S.C. Tsiang Memorial Hall, CIER, Taipei What is RCEP? New FTA negotiation
More informationThe G20 Mexico Summit 2012 Key Issues for Asia-Pacific
The G20 Mexico Summit 2012 Key Issues for Asia-Pacific Third ESCAP High-Level Consultation Bangkok, 23 May 2012 Dr. Nagesh Kumar Chief Economist, UN-ESCAP And Director, ESCAP SRO-SSWA 1 Outline Reviving
More information2. Mining equipment exports
Raw Materials Scoreboard Mining equipment exports 2. Mining equipment exports Key points: The EU-28, China, Japan and the United States were net exporters of mining equipment over the 2011-2015 period.
More information