scholarly journals The Prospects for Indo-Pakistan Trade

2012 ◽  
Vol 17 (Special Edition) ◽  
pp. 293-313 ◽  
Author(s):  
Hafiz A. Pasha ◽  
Muhammad Imran
Keyword(s):  
South Asian ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Tariff Reduction ◽  
Final Phase ◽  
Most Favored Nation ◽  
Nontariff Barriers ◽  
Positive List ◽  
The Impact

This article analyzes the volume and pattern of India–Pakistan trade given the extent of trade complementarity between the two countries and, in the presence of a restricted positive list of imports from India, the tariff regime and nontariff barriers in the two countries. The study also assesses the impact on bilateral trade of granting most-favored nation status to India, the removal of some of the impediments to trade, and the implementation of the final phase of import tariff reduction under the South Asian Free Trade Agreement. Finally, the article highlights emerging opportunities and possible threats to the process of trade normalization between the two countries.

The China Factor Blunts the Cutting-Edge of the Japan-Malaysia Free Trade Agreement

2008 ◽  
Vol 8 (4) ◽  
pp. 1850152 ◽  
Author(s):  
Khondaker Mizanur Rahman ◽  
Rafiqul Islam Molla ◽  
Md. W. Murad
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Time Series Data ◽  
Trade Agreement ◽  
Early Years ◽  
Sharp Edge ◽  
Series Data ◽  
Trade Growth ◽  
The Impact

Most industrialized and industrializing countries of the world were highly nervous about the spread effect of the surge of investment, industrialization and economic growth in China during early years of the 2000s. They were anxiously searching for ways and means to protect their economic interests from this effect. To describe this phenomenon eloquently the mass media used the term `China factor in world trade.' Against this backdrop the Japan-Malaysia free trade agreement (FTA) under an economic partnership agreement was signed in 2005 and implemented from 2006 with the expectation that it would be able to protect their bilateral trade from the sharp edge of the China factor and further enhance trade and investment relationships between the two countries. This study examines its effectiveness in influencing their bilateral trade growth in the face of this so called China factor. From analyses of the time series data on Malaysia's trade during 1986-2007 it is observed that the bilateral trade between Malaysia and Japan became stagnant during 2001-2005 with an average annual value of US$25.35 billion as a result of the impact of the China factor. However, during 2006-2007, the initial two years of its operation, the FTA was able to minimize the impacts of the China factor and revamp the growth of the bilateral trade at a modest rate. It is projected that their bilateral trade will grow marginally and reach to US$50.34 billion in 2010; but the growth rate will start declining from that year. This, in effect, indicates that the China factor's massive impact has blunted the sharp-edge of the Japan-Malaysia FTA's `tactical merit' for promoting bilateral trade growth. As a result, it is found to have only a modest and short lived influence on bilateral trade growth in the presence of China's increasing involvement in Malaysia's industrial growth. However, for a more reliable assessment a longer experience of FTA will be required.

Exploiting the Trade Potential from Integration: Analysing the Impact of Free Trade Agreements between ASEAN and India and China

China Report ◽  
2018 ◽  
Vol 54 (4) ◽  
pp. 442-466 ◽  
Author(s):  
Nguyen Xuan Trung ◽  
Nguyen Duc Hung ◽  
Nguyen Thi Hien
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Positive Impact ◽  
Stochastic Frontier ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
The Impact ◽  
Stochastic Frontier Estimation

In this article, we use the technique of stochastic frontier estimation for the structural gravity model to analyse Vietnam’s bilateral trade and evaluate its exploitation of trade efficiency before and after its free trade agreements (FTAs) with China and India entered into force. The results from Vietnam’s bilateral trade data between 2000 and 2015 show that the ASEAN–India Free Trade Agreement (AIFTA) has had a positive impact on Vietnam’s bilateral trade flows while we found a remarkably negative effect on Vietnam’s exports but not imports after the entry into force of the ASEAN-China Free Trade Agreement (ACFTA). In addition, Vietnam’s participation in the regional trade agreements (RTAs) and FTAs has significantly reduced the costs of trade over time, and these impacts on Vietnam’s imports are much higher than those on Vietnam's exports.

scholarly journals Impact of Free Trade Agreement Use on Import Prices

2018 ◽  
Vol 33 (3) ◽  
pp. 643-660
Author(s):  
Kazunobu Hayakawa ◽  
Nuttawut Laksanapanyakul ◽  
Hiroshi Mukunoki ◽  
Shujiro Urata
Keyword(s):  
Free Trade ◽  
Fixed Effects ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Firm Characteristics ◽  
Most Favored Nation ◽  
Rules Of Origin ◽  
Import Prices ◽  
Percentage Points ◽  
The Impact

Abstract We examine the impact of free trade agreement (FTA) use on import prices. For this analysis, we employ establishment-level import data with information on tariff schemes, that is, the FTA and most-favored-nation schemes used for importing. Unlike previous studies, we estimate the effects of FTA use on prices by controlling for differences in importing-firm characteristics. There are three main findings. First, the effect of FTA use is overestimated when not controlling for importing firm-related fixed effects. Second, on average, firms’ FTA use reduces tariffs by 12 percentage points and raises import prices by 3.6–6.7 percent. Third, in general, we do not find a price rise resulting from the costs of complying with rules of origin.

Developments in India’s Bilateral Trade with ASEAN: A Study in Manufactured Sectors

2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Mayengbam Lalit Singh
Keyword(s):  
Free Trade ◽  
Equilibrium Model ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Partial Equilibrium ◽  
Trade Creation ◽  
Partial Equilibrium Model ◽  
The Impact ◽  
Model Approach

The present paper deals with the impact of the recently signed ASEAN-India Free Trade Agreement (FTA) on manufactured goods. Partial equilibrium model approach (SMART model) has been employed to find out trade creation and diversion values of those goods in respective markets (India as well as ASEAN). In this paper, a new index has been constructed to embody score of India and two ASEAN groups using values of trade creation and diversion.

Assessment of the Proposed India-China Free Trade Agreement: A General Equilibrium Approach

2015 ◽  
Vol 8 (2) ◽  
pp. 81-108 ◽  
Author(s):  
Rahul Arora ◽  
Sarbjit Singh ◽  
Somesh K. Mathur
Keyword(s):  
General Equilibrium ◽  
Free Trade ◽  
World Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Tariff Reduction ◽  
Trade Association ◽  
Content Type ◽  
The World ◽  
The Impact

Purpose The present study is an attempt to evaluate the impact of the proposed India-China free trade agreement (FTA) in goods trade on both countries under a static general equilibrium framework. Design/Methodology/Approach The study has utilized the Global Trade Analysis Project (GTAP) model of world trade with the presence of skilled and unskilled unemployment in the world. For analysis purposes, 57 GTAP sectors, representing the whole regional economy, have been aggregated into 43 sectors and 140 GTAP regions, representing the whole world, have been aggregated into 19 regions. The study has also used the updated tariff rates provided by the World Trade Organization for better results. Findings The preliminary analysis using trade indicators depicted that by utilizing their own comparative advantage, both of the countries can maximize their gains by exporting more to the world. The simulation results from the GTAP analysis revealed that a tariff reduction in all goods trade would be more beneficial for both the countries than the tariff reduction in each other's specialized products. All other regions lose in terms of shifting the Indian imports towards China in a post-simulation environment. Regions with a significant loss are: the European Union (28 members), Southeast Asia, the Unites States, Japan, Korea, West Asia, and the European Free Trade Association (EFTA). Originality/Value The disaggregated sector-wise analysis has been performed using the latest available GTAP database, version 9.

scholarly journals Should Pakistan Liberalize Trade With India Against the Backdrop of the FTA with China? A Comparative Advantage Analysis for the Manufacturing Sector

2014 ◽  
Vol 19 (Special Edition) ◽  
pp. 327-348 ◽  
Author(s):  
Naheed Memon ◽  
Faiza Rehman ◽  
Fazal Rabbi
Keyword(s):  
Free Trade ◽  
Comparative Advantage ◽  
Bilateral Trade ◽  
Manufacturing Sector ◽  
Trade Agreement ◽  
Industrial Sector ◽  
Most Favored Nation ◽  
Global Competitiveness ◽  
Trade Relations ◽  
The Impact

Pakistan and India have not yet normalized trade relations and gained the full benefits of bilateral trade despite significant developments to this end since 2011. Pakistan has yet to reciprocate the most-favored-nation status granted by India. This study investigates the benefits of trade liberalization between the two countries by studying the global competitiveness of Pakistan’s industrial sector from a policy perspective. We construct a revealed comparative advantage index for manufacturing products (HS 2-digit level) for Pakistan, India, and China for the period 2003–12, and then identify the changing patterns of comparative advantage for Pakistan. We find that 18 industries should be protected upon liberalizing trade with India. These industries are termed ‘vulnerable’ as they have moved from either borderline competitiveness to becoming uncompetitive or vice versa. Additionally, the excessive concessions granted to China in its free trade agreement with Pakistan and the resistance to opening up trade with India may have resulted in inefficient trade, i.e., imports from a less competitive partner and exports to a less lucrative market. We aim to establish a direction for further research to determine the ex ante impact of trade with India on the economy via a change in the production levels of these vulnerable industries, given the impact of free trade with China and the availability of Chinese substitutes.

Assessing the Impact of the Australia-United States Free Trade Agreement (AUSFTA) on Australian and Global Medicines Policy

2005 ◽  
Author(s):  
Thomas Alured Faunce ◽  
Evan Doran ◽  
David Henry ◽  
Peter Drahos ◽  
Andrew Searles ◽  
...  
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The Impact

The Investment Provisions of the Canada—United States Free Trade Agreement: A Canadian Perspective

1990 ◽  
Vol 84 (2) ◽  
pp. 394-443 ◽  
Author(s):  
Jean Raby
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Good Deal ◽  
Trade Agreement ◽  
Ronald Reagan ◽  
The United States ◽  
The World ◽  
Trading Partners

This is a good deal, a good deal for Canada and a deal that is good for all Canadians. It is also a fair deal, which means that it brings benefits and progress to our partner, the United States of America. When both countries prosper, our democracies are strengthened and leadership has been provided to our trading partners around the world. I think this initiative represents enlightened leadership to the trading partners about what can be accomplished when we determine that we are going to strike down protectionism, move toward liberalized trade, and generate new prosperity for all our people.On January 2, 1988, President Ronald Reagan of the United States and Prime Minister Brian Mulroney of Canada signed the landmark comprehensive Free Trade Agreement (FTA) between the two countries that already enjoyed the largest bilateral trade relationship in the world. The FTA was subsequently ratified by the legislatures of both countries, if only after a bitterly fought election on the subject in Canada. On January 1, 1989, the FTA formally came into effect.

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