scholarly journals PENGARUH ASEAN-CHINA FREE TRADE AREA TERHADAP KOMODITI TEKSTIL INDONEISA PERIODE 2008-2015

2019 ◽  
Vol 23 (2) ◽  
pp. 47-56
Author(s):  
Raudah Aghnia Ahda ◽  
Made Siti Sundari ◽  
Idfi Setyaningrum

This study aims to determine whether there is different value between exportand import performance before ACFTA and after ACFTA by developing hypothesis from the previous studies. To test the proposed hypothesis, this Study employed the independent samples t-test with data from the World Bank database. The case study was carried out with concern on textile business between Indonesia and China. The results indicate that the exports value has different mean following the free trade agreement. Similar result occurs at the import value of textile from China toIndonesia.

2017 ◽  
Vol 10 (1) ◽  
Author(s):  
F. A. Ismail

AbstractThe past decade and a half of the new millennium has ushered in dramatic changes to the architecture of world trade creating both opportunities and challenges for Africa’s development. The paper is critical of the recent paper of the World Bank that resuscitates the approach to trade liberalization and regional integration propagated by the Washington Consensus. The paper argues that African countries should adopt a “development integration” approach to regional integration that seeks to combine trade liberalization, industrial development and infrastructure development. The paper urges the World Bank and Africa’s trading partners from the north and south, such as the EU, the US and China, to work closely with the African Union to advance the negotiations and implementation of the Continental Free Trade Area (CFTA) and the African Union Agenda 2063.


2005 ◽  
Vol 33 (1) ◽  
pp. 11-64 ◽  
Author(s):  
Michelle S. Viegas

At the 1994 Summit of the Americas, leaders of democratic nations in the Western Hemisphere committed to establishing a Free Trade Area of the Americas (FTAA) by January 2005. The Declaration of Principles resulting from that Summit called for building on “existing sub-regional and bilateral arrangements in order to broaden and deepen hemispheric economic integration and to bring the agreements together.” Although ambitious, this endeavor was undertaken during a decade marked by an unprecedented proliferation of trade agreements. In 1991, Argentina, Brazil, Paraguay and Uruguay agreed to initiate the formation of a common market now known as the MERCOSUR. Then in 1994, Canada, Mexico and the United States signed the North American Free Trade Agreement which replaced the United States-Canada Free Trade Agreement. Later that year, nations around the world formalized the existing General Agreement on Tariffs and Trade, creating the World Trade Organization. In 1997, the Andean Community of Bolivia, Colombia, Ecuador, Peru and Venezuela formalized its plans to establish a common market. Members of the Caribbean Community and Common Market also agreed in several protocols to further their economic and social integration. During the 1990's, numerous other trade agreements were negotiated, and their development continues at the same rapid pace today.


2003 ◽  
Vol 45 (4) ◽  
pp. 1-32 ◽  
Author(s):  
Kathryn Hochstetler

AbstractThis article explores the role of environmental concerns in free trade areas made up entirely of developing countries. It surveys the environmental institutions of Mercosur, the Common Market of South America, and its member states. It also presents a case study of the recently terminated negotiations over a regional environmental legal instrument as an example of collective environmental decisionmaking. The article concludes that all the environmental components of the agreement are weak, and have even been downgraded in recent years. Even so, national environmental protections have increased during the years of the Mercosur agreement, and some regional actors are poised to join their northern counterparts in opposition to any potential free trade area of the Americas that does not include environmental provisions.


2006 ◽  
Vol 5 (1) ◽  
pp. 1-30 ◽  
Author(s):  
KERRY CHASE

The GATT treaty's loophole for free trade areas in Article XXIV has puzzled and deceived prominent scholars, who trace its postwar origins to US aspirations to promote European integration and efforts to persuade developing countries to endorse the Havana Charter. Drawing from archival records, this article shows that in fact US policymakers crafted the controversial provisions of Article XXIV to accommodate a trade treaty they had secretly reached with Canada. As a result, the free trade area exemption was embedded in the GATT–WTO regime, even though neither the Havana Charter nor the US–Canada free trade agreement was ever ratified. Theoretically, the case is an important example of how Cold War exigencies altered the policy ideas of US officials.


1993 ◽  
Vol 27 (3) ◽  
pp. 415-446 ◽  
Author(s):  
Daphna Kapeliuk-Klinger

On January 1, 1989, the State of Israel abolished the remaining customs duties and charges, having equivalent effect on imported products originating in the European Communities (hereinafter the Community), in accordance with the Free Trade Agreement (hereinafter the FT Agreement) concluded on May 11, 1975, between the Community and Israel.The FT Agreement, which sets out to create a free trade area in the territories of the contracting parties, was the result of the previously existing relationship between the Community and Israel, as well as the emergence of the Global Mediterranean Policy within the Community. The FT Agreement attempts to foster economic activity by promoting expansion of trade and cooperation in reciprocal areas of interest, thus creating fair competition and contributing to the development and expansion of world trade.


2021 ◽  
Vol 20 (1-2) ◽  
pp. 57-76
Author(s):  
Ifeanyi Ezeonu

Abstract On March 21, 2018, the African Continental Free Trade Agreement was signed in Kigali, Rwanda by an overwhelming majority of African states. This Agreement, which was designed to create a free-trade area across the African continent, came into force on May 30, 2019, following its ratification by twenty-two African states as provided for in the agreement. The resultant free-trade area is intended to integrate African markets, stimulate industrialization, and engender the economic transformation of the continent through the promotion of free movement of persons, capital, goods, and services across the continent. This article discusses the key challenges facing the new free-trade zone and the prospects of the trade zone for African industrialization and economic development in the twenty-first century.


2021 ◽  
Author(s):  
Edward Asiedu

The COVID-19 pandemic has caused nontrivial disruptions to global value chains and affected the lives of many people, particularly the poor across the world. The outbreak of the COVID-19 pandemic in the early part of 2020 in Africa, happened during a time that African countries had just signed one of the world’s largest trade agreements and therefore began introducing continental-level structures to strengthen free trade among member states. This chapter examines the potential effect of the COVID-19 pandemic on the agenda for free trade in Africa, both in the short and in the long-term. Specifically, the chapter explores the trading environment of firms in Africa and highlights generally the challenges faced when implementing a trade agreement in the middle of a pandemic. It also, on the other hand, highlights how trade agreement in a middle of a pandemic can be a good thing to minimize the effect of the pandemic on poor and vulnerable households in Africa. The chapter ends by highlighting the need for managing the COVID-19 pandemic to grow and sustain intra-African trade.


2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Bruno Zeller ◽  
Richard Lightfoot

The International Convention for the Settlement of Investment Disputes (“ICSID”) or the “Washington Convention of 1965” was implemented by the World Bank to facilitate global investment.  It provides for the settlement of investment disputes by establishing an autonomous system of conciliation and arbitration between foreign private investors and host states administered by ICSID. This paper investigates whether good faith plays a role in the resolution of investment disputes between states and investors.  The issue is complicated as in effect three contracts are at play.  To start with there is the contract between the investor and the state. This is supported by a Free Trade Agreement (FTA) or a Bi-lateral Investment Treaty (BIT)[1]which in most cases provides the impetus and the basic rules of the investment being the second contract.  Importantly FTA’s or BIT’s can also contain a method of dispute resolution.  Thirdly, in general any disputes between a state and an investor are submitted to ICSID for a resolution. 


2021 ◽  
Vol 56 (2) ◽  
pp. 249-256
Author(s):  
Colin Koh-King Wong ◽  
Venus Khim-Sen Liew ◽  
Mohammad Affendy Arip

This article adopts the augmented versions of the Gravity Model to examine the effects of the signing of the ASEAN-China Free Trade Agreement (ACFTA) on the bilateral aggregate trades. Specifically, ACFTA dummy variables are incorporated in the basic model is to estimate the direction and magnitude of the ACFTA effects. A total of 79 trading partners of ASEAN member countries plus China were examined in this article. The study finds that the Gross Domestic Product, population, natural endowment, distance, and common language are the main determining factors of the bilateral trade for ASEAN member countries and their trading partners. Estimated results from this Augmented Gravity Model showed that ACFTA had increased the bilateral aggregate trades not only between intra-bloc member countries but also intra-bloc and extra-bloc countries. With this positive finding, ASEAN and China could consider expanding their free trade area to a broader regional perspective, enhancing economic growth and reducing regional inequality.


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