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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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	AGREEMENT ON TRADE AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AIR TRANSPORT ARBITRAL PANELS BARGAINING POWER BENEFITS OF TRADE BILATERAL AGREEMENTS BILATERAL TRADE BILATERAL TRADE AGREEMENTS BILATERAL TREATIES BUSINESS SERVICES COMMERCIAL PRESENCE COMMUNICATIONS SERVICES CONSUMPTION ABROAD CROSS-BORDER SUPPLY CUSTOMS CUSTOMS UNION DIFFERENTIAL TREATMENT DISPUTE SETTLEMENT DISPUTE SETTLEMENT MECHANISMS DOHA DEVELOPMENT AGENDA DOMESTIC FIRMS DOMESTIC LAWS DOMESTIC REGULATION DOMESTIC SUPPLIERS DOMESTIC TRADE ECONOMIC COOPERATION ECONOMIC INTEGRATION ECONOMIC PARTNERSHIP AGREEMENTS ECONOMIC POLICY ELECTRONIC COMMERCE EMERGENCY SAFEGUARDS EXPORT OPPORTUNITIES EXPORTS FINANCIAL SERVICES FIRST-MOVER ADVANTAGE FOREIGN COMPETITION FOREIGN COUNTRIES FOREIGN COUNTRY FOREIGN ENTRY FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN MARKETS FOREIGN PARTICIPATION FOREIGN POLICY FOREIGN POLICY CONSIDERATIONS FOREIGN SERVICE SUPPLIERS FREE TRADE FREE TRADE AGREEMENTS FREE TRADE AREA GATS GENERAL AGREEMENT ON TARIFFS GENERAL AGREEMENT ON TRADE IN SERVICES GLOBAL COMPETITION GLOBAL LEVEL HARMONIZATION IMPORTED GOODS IMPORTING COUNTRY IMPROVED MARKET ACCESS INFANT INDUSTRY INTERNATIONAL COMMERCE INTERNATIONAL LAW INVESTMENT RULES KNOWLEDGE SPILLOVERS LABOR MOBILITY LEGAL STATUS LIBERAL RULE LIBERAL RULES LIBERALIZATION OF TRADE LIBERALIZING TRADE MARKET ACCESS MARKET FAILURE MARKET OPENING MEASURES AFFECTING TRADE MEMBER COUNTRIES MFN MODES OF SUPPLY MOST FAVORED NATION MOVEMENT OF NATURAL PERSONS MULTILATERAL AGREEMENTS MULTILATERAL COMMITMENTS MULTILATERAL LEVEL MULTILATERAL LIBERALIZATION MULTILATERAL NEGOTIATIONS MULTILATERAL TRADE MULTILATERAL TRADE NEGOTIATIONS MULTILATERAL TRADING SYSTEM NATIONAL TREATMENT NEGATIVE WELFARE NONDISCRIMINATORY LIBERALIZATION OPEN MARKETS OPENNESS PACIFIC REGION PARTNER COUNTRY POLICY REFORMS POLICY RESEARCH POSTAL SERVICES PREFERENCE EROSION PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PREFERENTIAL BASIS PREFERENTIAL LIBERALIZATION PREFERENTIAL MARKET ACCESS PREFERENTIAL TRADE PROFESSIONAL QUALIFICATIONS QUALIFICATION REQUIREMENTS REDUCING BARRIERS REGIONAL AGREEMENT REGIONAL AGREEMENTS REGIONAL ARRANGEMENTS REGIONAL CONTEXT REGIONAL FORUM REGIONAL FREE TRADE REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGULATORY COOPERATION REGULATORY OBJECTIVES RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SERVICE ACTIVITIES SERVICE DELIVERY SERVICE SECTORS SERVICE SUPPLIERS SERVICES AGREEMENT SERVICES AGREEMENTS SERVICES CONTEXT SERVICES LIBERALIZATION SERVICES NEGOTIATIONS SERVICES SECTORS SERVICES TRADE SETTLEMENT OF DISPUTES STATE-TO-STATE DISPUTE SETTLEMENT TAX REVENUES TECHNOLOGICAL PROGRESS TOURISM TOURISM SERVICES TRADE AGENDA TRADE AGREEMENT TRADE BARRIER TRADE BARRIERS TRADE CONCESSIONS TRADE DISCIPLINES TRADE DIVERSION TRADE DIVERSION EFFECT TRADE IN GOODS TRADE ISSUES TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE PREFERENCES TRADE REFORMS TRADE REGIME TRADE RELATIONS TRADE RULES TRADE-RESTRICTIVE MEASURES TRADING PARTNER TRADING PARTNERS TRADING SYSTEM TRANSPARENCY TRANSPORT SERVICES UNILATERAL LIBERALIZATION WELFARE GAINS WORLD TRADE WORLD TRADE ORGANIZATION WTO
Online Access:	http://documents.worldbank.org/curated/en/2007/06/7818341/east-asian-ftas-services http://hdl.handle.net/10986/19240

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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.

East Asian FTAs in Services

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