조설미 조탁 장언산

Overview Of APTA 1 Main Contents 2 Conclusion 43 Features Negotiations Current Trade Profile

장언산

What is APTA ? APTA is open to all developing members of the United Nations Economic and Social Commission for Asia and the Pacific,(UNESCAP) which serves as the APTA Secretariat.

Bangkok Agreement(BA), signed in 1975 China joined in 2001 Renamed to the Asia-Pacific Trade Agreement (APTA) in 2005 Established the Ministerial Council in 2005 Launched the 4th Round on tariff concession in 2007

countryPopulation (Million,200 6) GDP growth (%,2006) GNI per capita ($,2006) Export growth (%,00- 05) Import growth (%,00-05) Banglade sh China1, India1, Lao PDR Korea , Sri Lanka ,

 Ministerial Council the highest decision-making authority provide overall policy direction for future negotiating agenda supervise and coordinate the implementation meet at least once every two years.  Standing Committee Administer the Agreement Each Participating State designates a national focal point and an alternate focal point for APTA  Secretariat Trade and Investment Division of ESCAP

 Promote economic development through a continuous process of trade expansion among the developing member countries of ESCAP  Further international economic co-operation through the adoption of mutually beneficial trade liberalization measures consistent with their respective present and future development and trade needs.

조설미

 Open for accession by all developing member countries of UNESCAP, APTA is the only truly region-wide trading arrangement spanning east, southeast and south Asia, with the potential to extend to other sub regions.

1 The first round of negotiations was concluded in The second round finished in The third round concluded in The forth round is going on….

Implementation results : The utility and coverage ratios as well as the utilization rates are only available for China and the Republic of Korea for the ten month period following the implementation date of the Third Round (1 September 2006) in the table below. Imports from all APTA members by Coverage Ratio Utilization Rate Utility Ratio China Rep. of Korea

 ① Value of total dutiable imports from APTA  ② Value of imports eligible for APTA preferential tariffs  ③ Value of imports receiving APTA preferential tariffs Methodology: 3 key measurements Coverage Ratio = ② / ① Utilization Rate = ③ / ② Utility Ratio = ③ / ①

45 per cent local value addition, 35 per cent for LDC members. Rules of origin The aggregate content originating in the territory of the Participating States is not less than 60 per cent of its f.o.b. value (50 per cent for LDC members). The Second Session of the Ministerial Council adopted a set of Operational Procedures for the Certification and Verification of the Origin of Goods under APTA, which is a first among regional trade agreements in the Asia-Pacific region.

Fourth Round Fourth Round Tariff negotiations Tariff negotiations New areas of integration New areas of integration Framework agreement on trade in services Framework agreement on trade in services Information exchange on non-tariff measures Framework agreement on trade facilitation Framework agreement on investment

In 2005, APTA member states accounted for more than 11 per cent of world trade. Almost 30 per cent of Bangladesh’s imports originates from other APTA members. Over 23 per cent of exports from Republic of Korea is destined for other APTA members. Total imports to the Republic of Korea of goods eligible for preferential treatment from all other APTA member states jumped from US$1.4 billion to US$14.5 billion when the Third Round concessions entered into force (1 September 2006).

34% growth rate 21% growth rate 16% growth rate

조탁

 The only truly region- wide trade arrangement  Open & huge market potential  Bridge to other RTAs  Simple and operational  WTO consistent  Low connectivity due to geographical reason  Undeveloped potential  Neither “Core” nor “Hub”  Potential barriers for deepening APTA further Uniqueness of APTA APTA itself is a evolving Agreement ProsCons

SAARC Maldives Pakistan Nepal Bhutan BIMSTEC Bangladesh India Sri Lanka Thailand Myanmar APTA China Republic of Korea Brunei Cambodia Indonesia Malaysia Philippines Singapore Vietnam ASEAN Lao PDR Mongolia

Thailand Seminar on Implication of the Bangkok Agreement for Prospective Members, March 2004 Mongolia National Seminar on Prospective Benefits of Joining the Asia-Pacific Trade Agreement for Mongolia, June 2009 Cambodia National Seminar on Prospective Benefits of Joining the Asia-Pacific Trade Agreement for Mongolia, 7 September 2009 Pakistan Nepal …….