Promoting Energy Market Integration in the EAS Region through Trade Facilitations: a Chinese Perspective

Jianping Zhang and Daojiong Zha
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Jianping Zhang: Institute for International Economic Research, NDRC
Daojiong Zha: School of International Studies, Peking University

from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Intro-regional energy trade is increasing rapidly in EAS Region in recent years. There are a lot of factors contributing for intro-regional energy trade booming, such as market demand, trade liberalization and trade facilitation. However, there are still several problems in the energy market of EAS region, such as insufficient level of energy supply, concerted effort, and the necessary infrastructure construction. An integration energy market is urgently required for resolving the problems. With the growing energy trade among the EAS Region, the improvement of the trade facilitation is one of key tools towards market integration, and will benefit both the resource-rich countries and energy-deficit countries in the region.

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