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Next-generation Trade Facilitation for Asian Integration: Cross-border Paperless Trade

Author

Listed:
  • Y. Duval
  • T. Wang
  • C. Utoktham
  • A. Kravchenko

Abstract

Reducing trade costs is essential to achieve Asian integration. Trade costs in the Asian and the Pacific region remain high, in particular, between different Asian subregions. Significant progress has been made in implementation of trade facilitation measures between 2015 and 2017, particularly those included in the World Trade Organization (WTO) Trade Facilitation Agreement (TFA). However, progress in implementing of next-generation digital trade facilitation measures, such as cross-border paperless trade measures, has been more limited. Simulation results suggest that full implementation of such measures could nearly double trade costs reductions expected from WTO TFA implementation. A new regional United Nations (UN) treaty, the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific, may accelerate progress in this area. JEL Codes: F13, F15, F17

Suggested Citation

  • Y. Duval & T. Wang & C. Utoktham & A. Kravchenko, 2019. "Next-generation Trade Facilitation for Asian Integration: Cross-border Paperless Trade," Journal of Asian Economic Integration, , vol. 1(1), pages 11-31, April.
    • Handle: RePEc:sae:jfasei:v:1:y:2019:i:1:p:11-31
    DOI: 10.1177/2631684618821473
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    References listed on IDEAS

    as
    1. Monteiro, José-Antonio & Teh, Robert, 2017. "Provisions on electronic commerce in regional trade agreements," WTO Staff Working Papers ERSD-2017-11, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Arvis, Jean-François & Duval, Yann & Shepherd, Ben & Utoktham, Chorthip & Raj, Anasuya, 2016. "Trade Costs in the Developing World: 1996–2010," World Trade Review, Cambridge University Press, vol. 15(3), pages 451-474, July.
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    Cited by:

    1. Craig Allen McGee Jones, 2021. "Critical Success Factors for Data Governance of Cross-border e-Trade Data Among ASEAN Member States," Journal of Asian Economic Integration, , vol. 3(1), pages 38-60, April.
    2. Yann Duval & Simon Hardy, 2021. "Climate Change and Trade Facilitation: Estimating Greenhouse Gas Emission Savings from Implementation of Cross-Border Paperless Trade in Asia and the Pacific," Journal of Asian Economic Integration, , vol. 3(2), pages 190-210, September.

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    More about this item

    Keywords

    Trade facilitation; regional integration; paperless trade; digital trade; trade agreements; Asia-Pacific;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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