World Trade Statistical Review 2018
World Trade Statistical Review 2018 presents the latest developments in world trade, with analysis of recent trends for trade in goods and services. It looks at the performance of developing economies, where merchandise exports increased by 12% in 2017. The book also looks at value-added exchanges and digital trade, and provides data on trade-facilitating measures and on the implementation of regional trade agreements, such as the South Asian Free Trade Area.
Author: World Trade Organization
Tags: Trade Facilitation Agreement, WTO, UNCTAD
Trade Rules in E-commerce: WTO and India
Regulations for e-commerce is evolving in India and the rest of the world. This paper traces the growth of the e-commerce sector in India, developments in the WTO, and India’s position. It finds that while trade rules in India are more liberal than in other countries, India needs to address gaps and inconsistencies in the regulations. It also recommends that India join the negotiations on trade rules.
Author: Arpita Mukherjee and Avantika Kapoor
Tags: ADB, India, Trade Facilitation Agreement, WTO
Trade Facilitation and Innovation: Evidence from South Asia Subregional Economic Cooperation Countries
This paper looks at trade and its effects on innovation. Its analysis of firm-level data from Bangladesh, India, and Nepal shows that shorter trade times add competitive pressure from world markets and induces firms to innovate, hence associated with introduction of new products and new management systems. The results suggest that policies that improve trade facilitation would support long-term growth in South Asia Subregional Economic Cooperation countries.
Author: Ben Shepherd, Utsav Kumar, and Roselle Dime
Tags: Bangladesh, India, Nepal, SASEC, Trade Facilitation Agreement, WTO
Impact of Implementation of Digital Trade Facilitation on Trade Costs
This paper studies of the effect of the implementation of World Trade Agreement Trade Facilitation Agreement (WTO TFA) measures on trade costs in the Asia-Pacific region. Its analysis shows that full implementation of measures is associated with 15% reduction in trade cost. The paper also projects a 26% decrease in trade costs, amounting to $600 billion annually, with the full implementation of WTO TFA measures together with digital trade facilitation measures. It also looks at the need to develop legal and technical frameworks to support cross-border paperless trade, including the legal recognition of trade data and documents between public and private organizations in different countries.
Author: Yann Duval, Chorthip Utoktham, and Alexey Kravchenko
Tags: Trade Facilitation, Trade Facilitation Agreement, WTO
Digital Trade Facilitation in Asia and the Pacific: Studies in Trade, Investment and Innovation
Digital trade facilitation is reducing trade costs for developing economies, allowing them to use trade as an engine of growth and sustainable development. This report provides an overview of trade facilitation and paperless trade implementation in the Asia-Pacific region. It analyzes the impact on trade costs of trade facilitation measures and reviews paperless trade provisions in recent regional trade agreements. Among the countries surveyed are Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka, Trade Facilitation Agreement, WTO
National Trade Facilitation Committees: Beyond Compliance with the WTO Trade Facilitation Agreement?
This study presents analysis of 59 national trade facilitation committees from around the world, based on a survey by the United Nations Conference on Trade and Development. It outlines how countries are applying the World Trade Organization Trade Facilitation Agreement article number 23.2 relating to the formation of national committees on trade facilitation. The study includes analysis of national trade facilitation committees’ institutional frameworks, composition, gender mainstreaming policies, communications activities, and financing sources. It also gives a summary of outcomes, obstacles faced, and lessons learned by the committees.
Author: United Nations Conference on Trade and Development
Tags: Sri Lanka, Trade Facilitation Agreement, Transport, UNCTAD, WTO
Extra Time: Trade Insight, Vol. 13 No. 2, 2017
Trade Insight is published by the South Asia Watch on Trade, Economics and Environment. This issue’s main feature examines the special and differential treatment (S&D) provisions, which give least developed countries flexibilities in implementing WTO Agreements. The issue also includes features on trade integration among landlocked developing countries and the proposal to facilitate trade in services.
Author: South Asia Watch on Trade, Economics and Environment
Tags: Regional Integration, South Asia, Trade Facilitation Agreement, WTO
Work Plan for the Technical Assistance for SASEC Customs Reform and Modernization for Trade Facilitation under JFPR
This work plan serves as a roadmap to implement the second tranche policy actions of the SASEC Customs Reform and Modernization for Trade Facilitation Program, a policy-based loan signed between the Government of Nepal and the Asian Development Bank. Ten policy actions feature reform milestones in (i) policy and legal framework, (ii) automation, (iii) organization restructuring, and (iv) capacity development—building blocks to transform the Nepal Department of Customs into risk-based, paperless e-Customs operations, introduce customs procedures with economic impact to promote exports, and comply with WTO TFA measures and implement RKC general standards and other relevant international standards. This work plan comprises tasks designed to boost the capacity of the Customs and support delivery of its Customs Reform and Modernization Strategies and Action Plan 2017–2021. It also includes implementation arrangements, timeline, and inputs from the technical assistance (TA) attached to the Program.
Author: Nepal Ministry of Finance, Department of Customs
Tags: SASEC, Customs, ADB, Nepal, Trade Facilitation Agreement
Trade Facilitation and Paperless Trade Implementation in Asia and the Pacific - Regional Report 2017
Paperless trade reduces trade costs and enables trade to drive growth and sustainable development. This report shares results of the global survey on trade facilitation and paperless trade implementation, covering 44 countries in Asia and the Pacific. It covers 47 trade facilitation measures, including those involving general trade, paperless trade, cross-border paperless trade, transit, and trade for small and medium-sized enterprises. The report gives an overview of trade facilitation implementation in South and Southwest Asia, and includes Bangladesh, India, and Myanmar in its analysis of transit measures in Asia and the Pacific.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: UNESCAP, Bangladesh, India, Least Developed Countries, Maldives, Myanmar, Small and Medium Enterprise, Trade Facilitation Agreement, Transport Facilitation, WTO
Trade Facilitation for a More Inclusive and Connected Asia and Pacific Region: Progress and Way Forward
This report gives an overview of assessments from the 2017 global survey on trade facilitation and paperless trade in Asia and the Pacific. It looks at the implementation of trade facilitation and paperless trade measures in 44 countries in Asia and the Pacific, including how the South Asia Subregional Economic Cooperation Trade Facilitation Strategic Framework promotes development by deepening regional cooperation. The Framework covers national and subregional projects in Customs harmonization, improving cross-border facilities, and transport facilitation. The Framework also supports regulatory reforms and the development of the National Single Window Customs management system in Bangladesh, Bhutan, Maldives, and Nepal.
Author: Asian Development Bank and United Nations Economic and Social Commission for Asia and the Pacific
Tags: ADB, Bangladesh, Bhutan, BIMSTEC, Maldives, Nepal, Regional Cooperation, Regional Integration, SAARC, SASEC, Standards Harmonization, Trade Facilitation, Trade Facilitation Agreement, WTO, UNESCAP