Presentation on theme: "Services Negotiation in JTEPA and RCEP"— Presentation transcript:
1 Services Negotiation in JTEPA and RCEP Mr. Krisda PiampongsantAdvisor at The Board of Trade of Thailand
2 Unit: No. of firms and (%) RankingExpectation for implementation of the items under consideration by the RCEPManufacturingNon-manufacturingTotal1Improvement of various systems (Transparency of customs clearance, relaxation of issue of work permits/visa, etc.)(63)(47)(56)2High level of liberalization in terms of item numbers and trade volume(45)(27)(38)3Relaxation or elimination of non-tariff barriers(32)(31)(32)4Standardization of the certificate of origin in 16 countries(33)(29)(31)5Introduction of user-friendly rules of origin(14)(46)(27)6Relaxation or elimination of the barriers for foreign ownership(35)(14)(27)7Participation by all the relevant countries, including ASEAN and Japan, China, South Korea, India, Australia and New Zealand(25)(21(23)8Relaxation or elimination of investment restrictions(19)(22)(20)9Relaxation or elimination of service trade barriers(12)(27)(18)10Improvement of intellectual property rights(13)(5)(10)11Accumulation of added value resulting from the rules of origin(6)12Economic and technical cooperation for reducing any development gap among member countries(4)(4)(4)-Other(0)(3)(1)6934371130No. of firms227154(100)
3 The expectation for implementation of the AEC Unit: No. of firms and (%)RankingThe expectation for implementation of the AECManufacturingNon-manufacturingTotal1Simplified customs clearance (United customs declaration and introduction of a single window system for import and export)135(59)80(50)215(56)2Elimination of import tariffs in CLMV116(51)75(47)191(49)3Uniformity of interpretation and management concerning the rules of origin88(39)32(20)120(31)4Avoidance of double taxation and correction of uneven withholding tax rates58(25)39975Free movement of skilled labor60(26)35(22)956Infrastructure development in the CLMV46(29)92(24)7Reduction of non-tariff barriers (license requirements and mandatory standards)48(21)37(23)858Introduction of standardization, certification and labeling system standards for the ASEAN nations49849Relaxation of foreign ownership control in the service sector (ASEAN corporations at most 70%)14(6)54(34)68(18)10Establishment of an environment for fair competition in the region38(17)296711Further deregulation of capital transfers23(10)62(16)12Deregulation of investment by ASEAN corporations in manufacturing, mining, agriculture and foresty industries18(11)55(14)13Improvement of intellectual property rights-related system’ik25(9)Harmonization of policies within the region (e.g. fair competition, consumer protection)(8)26(7)-Others(1)(3)(2)7525501,302No. of firms228159387(100)
4 JTEPA Japan–Thailand Economic Partnership Agreement It was signed on April 3, 2007 in Tokyo, Japan by the Prime Minister of Japan Shinzō Abe and the visiting Prime Minister of Thailand, Surayud Chulanont.
5 Review of JTEPA services Conform to Japan’s commitment in WTO more than 70 sectorsAdditional commitments inHRConstructionReal Estates BusinessAdvertisementMauy ThaiThai musicThai restaurantInterpretationRentals of Logistics EquipmentAccounting
6 Review of JTEPA services Conform to Thailand’s commitment inWTO 14 sectorsAdditional commitmentsElectronic and Electricity Equipment RepairsRetails and WholesalesLicensed Medical Doctors ConsultationInternational SchoolsRestaurants, Hotels, Engineer, Computer
7 RCEP Regional Comprehensive Economic Partnership (ASEAN+6) More than 3 billion people ; 10.7 Trillion USD (29%)RCEP negotiations were formally launched in November at the ASEAN Summit in Cambodia.To be finalized by the end of (57% Thai Export)Trade in goods, Trade in services, investment, economic and technical cooperation, intellectual property, competition, dispute settlement and other issues.
8 Key Impending IssuesServices - Liberalization Modality [Early Harvest]Request – Offer CoveragePositive List [Developing Countries]Negative List [Developed Countries]Hybryd List [Transparency]
10 Cooperation CLMV trade facilitation training program at border trade. Thai and CLMV SME’s capacity building program.Transfer of technology for Thai + CLMV SME’s investment at special economic zones.