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The 2030 Architecture of Association of Southeast Asian Nations Free Trade Agreements

Author

Listed:
  • Suthiphand Chirathivat

    (Asian Development Bank Institute (ADBI))

  • Piti Srisangnam

Abstract

This paper investigates and analyzes the present status, potential, and prospects of Association of Southeast Asian Nations (ASEAN) free trade agreements (FTAs). It begins with a review of the historical evolution of ASEAN FTAs, which captures the achievements of the ASEAN Free Trade Agreement (AFTA) and the efforts meant to lead to a further step of deeper integration, i.e., the realization of the ASEAN Economic Community (AEC) by 2015. The paper then offers a view on how the grouping adopted an extension of ASEAN FTAs beyond the AEC—a widening integration process that includes ASEAN+1 FTAs, bilateral trading arrangements, and region-wide economic integration. These parallel developments present major challenges to ASEAN, particularly the move towards the AEC by 2015 and the attempts to broaden FTAs in East Asia. Ultimately, it is desirable for ASEAN to draw a clear picture of how the architecture of ASEAN FTAs in 2030 can be given shape.

Suggested Citation

  • Suthiphand Chirathivat & Piti Srisangnam, 2013. "The 2030 Architecture of Association of Southeast Asian Nations Free Trade Agreements," Governance Working Papers 23412, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:govern:23412
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    File URL: http://www.eaber.org/node/23412
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    Citations

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    Cited by:

    1. Lili Yan Ing, . "East Asian Integration (First Edition)," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2014-rpr-6 edited by Lili Yan Ing, August.
    2. Sanchita Basu Das & Rahul Sen & Sadhana Srivastava, 2017. "A Partial Asean Customs Union Post 2015?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(03), pages 593-617, June.
    3. Nanda Nurridzki, . "Learning from the ASEAN+1 Model and the ACIA," Chapters, in: Lili Yan Ing (ed.), East Asian Integration (First Edition), chapter 9, pages 261-280, Economic Research Institute for ASEAN and East Asia (ERIA).

    More about this item

    Keywords

    ASEAN; FTAs; ASEAN+1; AEC; integration process; East Asia;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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