Asian Trade -Devesh
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related to trade block in asia
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Asian Trade -Devesh
- 1. Presented by – Devesh Patidar ASIAN Trades ASIAN Trades
- 4. ASEAN ( 8 August 1967)
- 5. SAARC ( December 8, 1985 )
- 6. ASIA Pacific ( 1980 )
- 7. 1. Patterns of trade in Asia - Over 50% of trade by countries in the region is within the region - China’s role as a major exporter and importer, as well as investor looms ever larger - When seen in terms of sub-regions, however, it is clear that within South Asia, intraregional trade is much more limited (6%). India’s major markets are now in East Asia
- 8. 2. Role and impact of FTAs and RTAs - Various questions were raised: does trade expand more as a result of trade agreements, or is their impact quite marginal in practice? Are they “weak and light”? - Is there such a proliferation of the noodle bowl that trade becomes more complicated and may as well revert to MFN principles? - Do trade agreement pose a threat to, or do they reinforce WTO agreements?