Free Trade Agreements in East Asia: A Way toward Trade Liberalization?
This brief begins by discussing East Asia's emergence as a global factory and the spread of FTAs. It then examines varieties of national FTA strategies in Northeast and Southeast Asia. The brief goes on to analyze information on FTA use, impediments, and rules of origin based on the ADB multi-country survey. Finally, it explores a possible way forward, highlighting short-term measures as well as a regionwide FTA for the medium term.
- Key Points
- Global Factory and the Spread of FTAs
- Varieties of National FTA Strategies
- How Do Firms See FTAs?
- Restrictive Rules of Origin?
- A Possible Way Forward