PPT On Regional Trading Blocs
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2. Trading Blocs
Also known as 'preferential trade agreement’ (PTA)
Between a subset of countries
Significantly reduce or remove trade barriers within member countries
Also referred to preferential trade between country with presumably low cost of transportation
3. Principal
It implies a reduction or elimination of barriers to trade
Discriminatory trade liberalization
4. Motive
New regionalism
Standard trade policy concerns, such as competition, investments, labour and capital market considerations Ensuring the credibility of the reform process
Reducing uncertainty and increasing credibility about political and economic developments
5. Goals of ASEAN
To accelerate the economic growth, social progress and cultural development in the region through joint endeavors
To promote regional peace and stability through abiding respect for justice and the rule of law
To promote Southeast Asia as a single tourism destination
6. Agreements
Treaty of Amity and Cooperation in Southeast Asia (1976)
Treaty on the Southeast Asia Nuclear Weapon-Free Zone 15 December 1995
ASEAN Free Trade Area Launched in January 1992
The Chiang Mai Initiative
Functional Co-operation
7. ASEAN Regional Forum
Confidence-building
Preventive diplomacy
Conflict resolution
8. Goal
Promote the welfare of the people of South Asia and to improve their quality of life
Accelerate economic growth, social progress and cultural development in the region
Contribute to mutual trust, understanding and appreciation of one another's problems
9. Continued…
Strengthen cooperation with other developing countries Strengthen cooperation among themselves in international forums on matters of common interest
10. For More Please Refer Our PPT. Thank You.
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Presentation Transcript:
1. Regional Trading Blocs2. Trading Blocs
Also known as 'preferential trade agreement’ (PTA)
Between a subset of countries
Significantly reduce or remove trade barriers within member countries
Also referred to preferential trade between country with presumably low cost of transportation
3. Principal
It implies a reduction or elimination of barriers to trade
Discriminatory trade liberalization
4. Motive
New regionalism
Standard trade policy concerns, such as competition, investments, labour and capital market considerations Ensuring the credibility of the reform process
Reducing uncertainty and increasing credibility about political and economic developments
5. Goals of ASEAN
To accelerate the economic growth, social progress and cultural development in the region through joint endeavors
To promote regional peace and stability through abiding respect for justice and the rule of law
To promote Southeast Asia as a single tourism destination
6. Agreements
Treaty of Amity and Cooperation in Southeast Asia (1976)
Treaty on the Southeast Asia Nuclear Weapon-Free Zone 15 December 1995
ASEAN Free Trade Area Launched in January 1992
The Chiang Mai Initiative
Functional Co-operation
7. ASEAN Regional Forum
Confidence-building
Preventive diplomacy
Conflict resolution
8. Goal
Promote the welfare of the people of South Asia and to improve their quality of life
Accelerate economic growth, social progress and cultural development in the region
Contribute to mutual trust, understanding and appreciation of one another's problems
9. Continued…
Strengthen cooperation with other developing countries Strengthen cooperation among themselves in international forums on matters of common interest
10. For More Please Refer Our PPT. Thank You.
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