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Trade Facilitation: The Way Forward for ASEAN and Its FTA Partners

Author

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  • Marn-Heong Wong

    (Assistant Professor, Lee Kuan Yew School of Public Policy, National University of Singapore)

  • Marie Isabelle Pellan

    (Counsellor, Legal Affairs Division, WTO)

Abstract

ASEAN is working towards establishing a Regional Comprehensive Economic Partnership with its FTA partners. All five existing ASEAN+1 FTAs contain provisions on trade facilitation. Although varying in their scope, specificity and depth of commitments, they tend to cover several core areas and affirm the application of international agreements, standards and instruments. A review of trade facilitation performance shows that there are great disparities among ASEAN countries and their FTA partners. Reform efforts in the area of trade facilitation could be tracked regularly through a set of specially-compiled indicators. The following policy recommendations could inform discussions on trade facilitation coverage in the context of a wider agreement between ASEAN and its FTA partners: (i) define a consistent set of trade facilitation principles; (ii) adopt specific trade facilitation measures; (iii) monitor performance in core trade facilitation areas and set targets; (iv) share best practices and implement capacity-building measures in priority areas; and (v) keep abreast of developments in the multilateral process.

Suggested Citation

  • Marn-Heong Wong & Marie Isabelle Pellan, 2012. "Trade Facilitation: The Way Forward for ASEAN and Its FTA Partners," Working Papers PB-2012-04, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:pb-2012-04
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    References listed on IDEAS

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    1. Peng Bin, 2008. "Trade Facilitation Provision in Regional Trade Agreements in Asia and the Pacific," Working Paper Series 108, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
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    Cited by:

    1. Ken Itakura & Yoshifumi Fukunaga & Ikumo Isono, 2013. "A CGE Study of Economic Impact of Accession of Hong Kong to ASEAN-China Free Trade Agreement," Working Papers DP-2013-06, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Yoshifumi Fukunaga & John Riandy & Pierre Sauve, . "Introduction and Overview," Chapters, in: Yoshifumi Fukunaga & John Riady, Pierre Sauve (ed.), The Road To Bali: ERIA Perspectives on the WTO Ministerial and Asian Integration, chapter 1, pages 9-31, Economic Research Institute for ASEAN and East Asia (ERIA).

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