This report estimates the possible economic benefits—export gains, and cost savings—from partial or full implementation of cross-border paperless trade facilitation measures. Simulation results suggest that cross-border paperless trade has significant potential to reduce trade costs and boost trade in the Asia-Pacific region.
This paper examines how freedom of transit and transit facilitation are addressed in trade and transport (as well as transit-specific) agreements in the ESCAP region. The objective is to identify good practices and understand the extent to which existing agreements meet the transit facilitation provisions set out in the draft text of the WTO trade facilitation agreement (TFA).
The principal aim of this publication is to analyze the current status of paperless trade implementation in the region and assess a practical approach to the facilitation of cross-border paperless trade in the Asia-Pacific region, as this will contribute to regional connectivity. With world-leading paperless trade systems already in place in several countries of Asia and the Pacific, including a few cases of successful cross-border paperless trade data exchange, the region is fast moving towards a paperless trade environment.
Edited by Ravi Ratnayake, Rajan Sudesh Ratna, Martina Francesca Ferracane and Yann Duval.
In the post-crisis world, new drivers of growth are required to drive further reductions in poverty. This new book from the Asia-Pacific Research and Training Network on Trade (ARTNeT) examines the role of trade facilitation measures in lowering barriers to trade and raising incomes. In addition to a review of relevant literature and theoretical findings, empirical case studies are presented from across the region including: Indonesia, Sri Lanka, Bangladesh, Thailand, and China.
The present document is based on the forthcoming Asia-Pacific Trade and Investment Report 2013 (henceforth the Report), which is the main substantive document prepared for the third session of the Committee on Trade and Investment. The Report comprises two parts. In the first part, there is a focus on trends and developments in trade in merchandise and commercial services, foreign direct investment flows, performance in trade facilitation, and reliance on preferential policies and trade agreements from an Asia-Pacific perspective.
ESCAP focuses on a number of areas of economic and social development in Asia and the Pacific. One of these is trade and investment – a vital engine for growth and integration. Recent decades have seen an enormous expansion in trade and investment flows in the Asia-Pacific region. Regional economies are increasingly part of global value chains. This has helped foster the economic dynamism that has lifted many from poverty and spread prosperity more widely. At the same time, however, too many individuals and communities remain excluded from the benefits of trade and investment.
Trade has the potential to contribute to economic growth and to more and better jobs. Whether trade contributes to growth that is inclusive, in the sense that all people can contribute to and benefit from growth triggered by trade, is likely to depend on country specificities including institutional pre-conditions and policies applied in domains other than trade. This paper identifies specific challenges for making trade inclusive and identifies ways for dealing with them.
This book, co-published by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Asian Development Bank (ADB), provides guidance for the implementation of trade facilitation measures and reforms in Asia and the Pacific. It attempts to bridge the gaps among policy makers, practitioners, and economists by outlining operational guidance on how to assess the status of trade facilitation, what measures and reforms are necessary, and how to implement them at the national and regional levels.
The fact that the Asia-Pacific region hosts both the most and least efficient economies in conducting international trade transactions is generally well-known. However, information on the actual implementation of specific trade facilitation reforms in the Asia-Pacific developing economies is generally lacking.
This Working Paper presents Asian Single Window background and evolution; a description of what we mean by national versus regional single window; an update on Member States’ National Single Window (NSW) status; an overview of Asian Single Window (ASW) technical, legal aspects; an assessment of institutional and technical aspects of the Asian Single Window work; potential benefits from the crossborder exchange of data using the Asian Single Window; incremental benefits from Asian Single Window; challenges to Asian Single Window implementation; and conclusions.