Analysis of Regional Trade Agreements Formed with the Participation of ASEAN

Анализ региональных торговых соглашений, сформированных с участием АСЕАН

Nadezhda Volovik

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: Regional economic integration has proved itself in the world practice as a successful model of strategic development. Liberalization of customs tariffs, as well as unification and removal of non-tariff restrictions within the integration associations are carried out faster than in the whole world trading system. At present, 419 regional trade agreements (RTS) have been signed, of which more than half are agreements on free trade zones (FTAs). In the context of a certain decrease in the intensity of Russia's interaction with Western partners, the escalation of activity in the Asia-Pacific region (the most dynamically growing world region) acquires special significance for the Eurasian Economic Union (EAEC). A key area of ??international cooperation for the EEMA is the implementation of the formats of modern comprehensive agreements on free trade zones. The ASEAN countries have rich experience in concluding regional trade agreements. In total, they concluded more than 80 bilateral and multilateral RTAs. Thus, currently there are multilateral RTAs (the so-called ASEAN 1) ASEAN-China, ASEAN-India, ASEAN-the Republic of Korea and ASEAN-Australia-New Zealand.

Pages: 55 pages
Date: 2018-03
New Economics Papers: this item is included in nep-cis, nep-int and nep-sea
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