How companies in Asia view free-trade agreements (FTAs) is crucial to their implementation. Are they aware of these agreements and do they understand the potential benefits they offer? If they are using them, are they benefitting in the form of increased exports? If they aren’t, why aren’t they? What can be done to address constraints on their usage of FTAs? In terms of trade policy, what would companies in the region like to see happen next?
This survey, conducted by The EIU and sponsored by HSBC, answers these questions by analysing corporate views about FTAs across eight countries in the Asia-Pacific region.
In order to reflect the views of smaller and medium-sized companies the survey was weighted in their favour: 80% of respondent enterprises have annual revenues of between US$50m and US$150m while 20% have revenues in excess of US$150m. All have exposure to cross-border trade and investment and all respondents are knowledgeable about the corporate strategy.