South Asian Free Trade Agreement and the Possibility of Regional Integration within the SAARC: A Historical, Legal and Economic Analysis

2007 ◽  
Vol 2 (1) ◽  
Author(s):  
Michael Ewing-Chow ◽  
Md. Rizwanul Islam
Keyword(s):  
Economic Analysis ◽  
Free Trade ◽  
South Asian ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Trade Agreement

Central American integration through infrastructure development: A case study of Costa Rican hydropower

2016 ◽  
Vol 6 (1) ◽  
pp. 96-115 ◽  
Author(s):  
Denielle M. Perry ◽  
Kate A. Berry
Keyword(s):  
United States ◽  
Central America ◽  
Free Trade ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Global Market ◽  
Central American ◽  
Infrastructure Development

At the turn of the 21st century, protectionist policies in Latin America were largely abandoned for an agenda that promoted free trade and regional integration. Central America especially experienced an increase in international, interstate, and intraregional economic integration through trade liberalization. In 2004, such integration was on the agenda of every Central American administration, the U.S. Congress, and Mexico. The Plan Puebla-Panama (PPP) and the Central America Integrated Electricity System (SIEPAC), in particular, aimed to facilitate the success of free trade by increasing energy production and transmission on a unifi ed regional power grid (Mesoamerica, 2011). Meanwhile, for the United States, a free trade agreement (FTA) with Central America would bring it a step closer to realizing a hemispheric trade bloc while securing market access for its products. Isthmus states considered the potential for a Central America Free Trade Agreement (CAFTA) with the United States, their largest trading partner, as an opportunity to enter the global market on a united front. A decade and a half on, CAFTA, PPP, and SIEPAC are interwoven, complimentary initiatives that exemplify a shift towards increased free trade and development throughout the region. As such, to understand one, the other must be examined.

scholarly journals Free Trade Agreement between Turkey and Russian Federation and its Possible Effects to these Countries’ Trade and Taxational Reflections

2015 ◽  
Author(s):  
Raşit Gültekin ◽  
Mustafa Erkan Üyümez
Keyword(s):  
International Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Trade Restrictions ◽  
The Impact

The last period of international trade in goods covers a process carried out with globalization and regionalization efforts. Many countries, on the one hand, take part in arrangements that are executed under the leadership by global actors and aim at removing or reducing conventional obstacles to international trade, on the other hand, participate in various and regional economic integrations to provide a more deep and comprehensive economic cooperation and to cope with the competition and trade restrictions which continually increasing due to political, commercial and economical motives. Trade relations between Turkey and Russian Federation is an important element of the two countries' multidimensional cooperation. The most effective attempt to raise the top level of the volume and quality of existing commercial relationships will be the signing and putting into practice of a comprehensive free trade agreements between the two countries that have not been done previously. The purpose of this study is to determine the potential effects of such a free trade agreements between Turkey and Russian Federation in terms of trade in goods between two countries. To this end, in this study, theoretical aspects of free trade agreements' effects and place within regional integration types will be considered the impact of the possible Turkey-Russia free trade agreement will be examined in a framework of basic provisions with customs duties that set out in free trade agreements, recent trade data and key issues related to these countries.

South Asian Free Trade Agreement and the Possibility of Regional Integration within the SAARC: A Historical, Legal and Economic Analysis

2007 ◽  
Vol 2 ◽  
pp. 1-21
Author(s):  
Michael Ewing-Chow ◽  
Md. Rizwanul Islam
Keyword(s):  
Trade Liberalization ◽  
South Asian ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Regional Cooperation ◽  
Trade Agreement ◽  
Common Phenomenon ◽  
Multilateral Trade ◽  
Multilateral Trade Liberalization ◽  
South Asian Region

AbstractPreferential trading exchanges have been a very common phenomenon in today's world. FTAs and RTAs are growing so fast that many academics are arguing that they are creating obstacles towards WTO's multilateral trade liberalization. Although seven nations in the South Asian region have recently executed an FTA, the progress of regional cooperation in this region is rather dismal. The purpose of this paper is to analyze SAFTA and discuss the prospect of more meaningful cooperation within the SAARC.

scholarly journals Trade Impacts of South Asian Free Trade Agreements in Sri Lanka

2019 ◽  
Vol 20 (1) ◽  
pp. 1-18
Author(s):  
Hiroyuki Taguchi ◽  
Don Chalani Imasha Rubasinghe
Keyword(s):  
Sri Lanka ◽  
Free Trade ◽  
South Asian ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Sri Lankan ◽  
Trade Model ◽  
Preferential Tariff ◽  
Tariff Rates ◽  
Gravity Trade Model

This article aims to examine the trade effects of the South Asian Free Trade Agreement (SAFTA) with a focus on Sri Lanka, by applying a gravity trade model. The study targets the following three FTAs: the SAFTA, the India–Sri Lanka Free Trade Agreement (ISFTA), and the Pakistan–Sri Lanka Free Trade Agreement (PSFTA). The outcomes of the gravity trade model estimation suggested that the trade creation effects were identified in the ISFTA, while those were not verified in the SAFTA and that the PSFTA had the trade creation effects only on the Sri Lankan imports. Those results seem to reflect the differentials in the preferential tariff rates. In particular, ISFTA could have the predominant positive effects on Sri Lankan trade flows due to its lowest preferential tariff rates, and thus the SAFTA effect might be crowded out at the current stage of Sri Lankan trade. JEL: F13, F14, O53

scholarly journals South Asian Countries in Regional Integration Perspective: A Critical Review

2015 ◽  
Vol 9 (2) ◽  
pp. 43-59
Author(s):  
Sharmin Sultana ◽  
Jumana Asrat
Keyword(s):  
South Asian ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Regional Cooperation ◽  
Secondary Data ◽  
Trade Agreement ◽  
Developed Countries ◽  
Competitive Advantages ◽  
Asian Countries ◽  
Strong Source

This article focuses on regional integration among the eight South Asian countries i.e. Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. This study attempts to undertake an in-depth assessment of the potential of South Asian Free Trade Agreement (SAFTA) in South Asian Association for Regional Cooperation (SAARC) countries. The study is based on secondary data collected from different reliable sources. SAFTA can be a strong source of economic development and it can also enhance socio-economic opportunities throughout the region. Larger and economically stronger countries can achieve better bargaining power on trade negotiations by utilizing existing competitive advantages and regional expertise of the region as a unit. This approach can also help less developed countries to develop their economies and also can ensure the best possible use of the existing resources.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 43-59

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