+ All Categories
Home > Documents > EU-Asia Free Trade Areas? Economic and Policy Considerations

EU-Asia Free Trade Areas? Economic and Policy Considerations

Date post: 09-Apr-2018
Category:
Upload: adbi-publications
View: 219 times
Download: 0 times
Share this document with a friend

of 27

Transcript
  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    1/27

    LMD@ Xatn`eh Rlrct _ct`cs

    CS+Ls`l Gtcc ]tlmc Ltcls1Coaeak`o lem Raj`opOaes`mctl}`aes

    K`oflcj H% Rjkkct

    Ea% 433Mcockdct 42

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    2/27

    ]fc Xatn`eh Rlrct sct`cs `s l oae}`el}`ae ag }fc gatkctjp elkcm M`soss`ae Rlrct sct`cs>}fc ekdct`eh ag }fc rlrcts oae}`ecm x`}fa} `e}cttr}`ae at oflehc% LMD@s xatn`eh

    rlrcts tcgjco} `e`}`lj `mcls ae l }ar`o lem ltc ras}cm aej`ec gat m`soss`ae% LMD@ ceoatlhcstclmcts }a ras} }fc`t oakkce}s ae }fc kl`e rlhc gat clof xatn`eh rlrct &h`wce `e }fco`}l}`ae dcjax)% _akc xatn`eh rlrcts klp mcwcjar `e}a a}fct gatks ag rdj`ol}`ae%

    _hhcs}cm o`}l}`ae9

    Rjkkct* K% 42

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    3/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    Lds}tlo}

    @e }f`s rlrct* xc leljpycm ncp lsrco}s ag }fc ofleh`eh coaeak`o tcjl}`aesf`r dc}xcce }fcCtarcle Se`ae &CS) lem Ls`l* lem cvrjatcm }fc ra}ce}`lj coaeak`o tlk`g`ol}`aes ag mccrctCS+Ls`le coaeak`o oaarctl}`ae% Xc ljsa `ewcs}`hl}cm }fc rass`djc oas}s }a }fc CS agtckl`e`eh m`scehlhcm gtak }fc Ls`le `e}chtl}`ae rtaocss lem }fc j`ncjp `krlo} ag kj}`+ecs}cm CS+Ls`le }tlmc lhtcckce}s% At ckr`t`olj tcw`cx ag OHC kamcjs tcwcljcm }t`w`ljcggco}s ag scwctlj rass`djc CS+Ls`le looatms &c%h%* CS+@em`l* CS+L_CLE* CS+Tcrdj`o agNatcl)% @e rlt}* }f`s `s l tcsj} ag tcjl}`wcjp skljj }tlmc sfltcs* arce kltnc}s* lem tcs}t`o}`aes`e }fc kamcjs* rlt}`ojltjp `e }fl} }fcp cvojmcm dcf`em+}fc+datmct cggco}s% Xc ljsartcsce}cm }xa OHC kamcjs }fl} cs}`kl}cm }fc ra}ce}`lj echl}`wc cggco}s ag Ls`le!Ls`l+Rlo`g`o tch`aelj looatms ae }fc CS* lem j`ncx`sc gaem skljj cggco}s% Ecwct}fcjcss* s`eh lf`hfjp+m`slhhtchl}cm &rlt}`lj+c|`j`dt`k) lrrtalof* xc lthcm }fl} f`hf+|lj`}p G]Ls `eLs`l oajm dc |`}c mc}t`kce}lj }a }fc CS* rlt}`ojltjp `e ncp sco}ats% ]fc rsf }axltm lGtcc ]tlmc Ltcl ag }fc Ls`l Rlo`g`o oajm dc rlt}`ojltjp xatt`sakc }a }fc CS% Xc }fctcgatcoaeojmcm }fl} `} klncs scesc gat }fc CS }a dc katc lhhtcss`wc `e rts`eh rtasrco}`wc}tlmc lhtcckce}s x`}f Ls`l%

    ICJ Ojlss`g`ol}`ae9 G

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    4/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    Oae}ce}s

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    5/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    6/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    Oakr}ldjc Hcectlj C|`j`dt`k &OHC) kamcjs xf`of flwc cs}`kl}cm }fc cggco}s ag wlt`asoaeg`htl}`aes ag Ls`le tch`aelj`sk% Xc ljsa scm at axe m`slhhtchl}cm lrrtalof `e atmct}a eoawct ncp CS cvrat}s }fl} oajm gloc ra}ce}`lj }tlmc lem `ewcs}kce} m`wcts`ae% _co}`ae@W rtcsce}s at oaeojs`ae%

    4% ]FC CS+L_@LE COAEAK@O TCJL]@AE_F@R

    Ls`l oae}`ecs }a dc }fc kas} mpelk`o tch`ae `e }fc xatjm% Dp lep kclstc* Ls`le coaeak`ohtax}f lem mcwcjarkce} s`eoc }fc

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    7/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]xa+}f`tms ag }fc CSs `e}ctel}`aelj }tlmc `s `e}tl+tch`aelj* xf`of fls `eotclscm gtak 7

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    8/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    G`htc 49 M`tco}`ae ag Ls`le Cvrat}s* 4227

    L_CLE

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    9/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ldjc

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    10/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ldjc 49 M`tco}`ae ag Ls`le Cvrat}s }a Kliat Kltnc}s dp _co}at* 4227&< m`h`} _@]O)

    Kliat Kltnc}s gat Ls`le Cvrat}s &ls rctoce}lhc ag }a}lj cvrat}s)Rtamo}Ol}chatp

    Xatjm L_CLE RTO FNH @EM IRE NAT CS S_ TAX

    Gaam lem j`wcle`kljs of`cgjpgat gaam

    4%7= 4%86

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    11/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]fc oattcjl}`aes ag CS cvrat}s }a Ls`le coaeak`cs lem }fc xatjm }cem }a dc ldawc 2%8* x`}f}fc cvocr}`aes ag @em`l &2%77) lem W`c} Elk &2%7)% H`wce }fl}

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    12/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ldjc =9 GM@ Gjaxs }a L_CLE Oae}t`cs dp _atoc*

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    13/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    cvocr} gat `krat}s ag el}tlj tcsatocs% Fceoc* }a }fc cv}ce} }fl} CS `e}chtl}`ae fls lggco}cmLs`l* }fc tlk`g`ol}`aes sfajm ljtclmp dc cw`mce}% D} xfl} xajm dc }fc cggco} ag Ls`letch`aelj`sk ae }fc CS1 Lem xfl} xajm dc }fc cggco}s ag ra}ce}`lj CS looatms x`}f Ls`leoae}t`cs1

    Xc lesxct }fcsc |cs}`aes gtak }xa rctsrco}`wcs% G`ts}* xc tcw`cxcm }fc OHC j`}ctl}tc

    lem stwcpcm }fc ra}ce}`lj cggco}s ag CS+Ls`le looatms lem }fc `krj`ol}`aes ag wlt`asoaeg`htl}`aes ag Ls`le lttlehckce}s ae }fc CS% _coaem* xc scm l m`slhhtchl}cm}cofe`|c }a olr}tc }fc kas} `krat}le} rtamo}s }fl} x`jj j`ncjp gloc }tlmc m`wcts`ae `e }fccwce} ag le Ls`le G]L at sdhtars }fctcag% Xc lthc }fl} }fcsc x`jj dc `krat}le} gtak }fcraj`}`olj+coaeakp rctsrco}`wc%

    Dcgatc s}lt}`eh* xc sfajm dc cvrj`o`} lda} xfl} xc kcle dp Ls`le tch`aelj`sk% Xfl} x`jjdc }fc ar}`klj oaeg`htl}`ae ag Ls`le oae}t`cs1 @e hcectlj* x`mct G]L lttlehckce}s `e Ls`lltc cvrco}cm }a dc dc}}ct }fle skljjct aecs* ls shhcs}cm dp }fc }fcatp ag rtcgctce}`lj }tlmclhtcckce}s lem emctsoatcm `e sof s}m`cs ls Nlxl` lem X`heltlil &4226)% ]fcpshhcs}cm }fl} le Ls`l+x`mc G]L xajm dc `mclj gtak le coaeak`o ra`e} ag w`cx* d}oaes`mct`eh }fc s}tl}ch`o lem raj`}`olj `krat}leoc ag }fc S_ `e Ls`l* rctflrs le Cls}

    Ls`l.ELG]L looatm* at cwce }fc G]LLR* xajm dc dcs}% @e glo}* }fc rtasrco}s ag le Ls`l+x`mc G]L x`}fa} }fc rlt}`o`rl}`ae ag }fc Se`}cm _}l}cs ltc |`}c skljj mc }a raj`}`oljoaes}tl`e}s%

    ]a ml}c* }fctc `s ea looatm dc}xcce Eat}fcls} Ls`le oae}t`cs* xf`of oaes}`}}c }fc .? ag}fc L_CLE.?% ]fc tclsaes ltc dls`oljjp raj`}`olj% ]fc tcsj} fls dcce l sct`cs ag d`jl}ctljlttlehckce}s* ls xcjj ls L_CLE.

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    14/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ckdtloc dcs} rtlo}`ocs* `es}clm ag is} dls`eh }fck ae k`e`kk s}lemltms }a rlss }fcX]As Lt}`ojc VV@W ot`}ct`l%

    ?%< Cs}`kl}cs ag Wlt`as Oaeg`htl}`aes ag CS+Ls`l Looatms9 OHCKamcjs

    ]fctc ltc scwctlj OHC s}m`cs }fl} flwc cs}`kl}cm }fc ra}ce}`lj cv+le}c cggco}s ag wlt`asCS+Ls`le looatms% Gtleoa`s &4228) cs}`kl}cm }fc cggco}s ag l gcx ra}ce}`lj socelt`as `e }fcolsc ag le CS+ Natcl lhtcckce}% Fc sc} r }ftcc rass`djc socelt`as* wltp`eh gtak l sag}&rlt}`lj) lhtcckce} }a l gjj G]L% ]fc `e}ctkcm`l}c olsc `eojmcm l gjj tcmo}`ae agkleglo}t`eh }lt`ggs* l 32# tcmo}`ae `e dltt`cts }a }tlmc `e sctw`ocs* lem l =2# tcmo}`ae `elht`oj}tlj rta}co}`ae x`}fa} }tlmc glo`j`}l}`ae% Kas} ag }fc hl`es `e ljj socelt`as xctcmct`wcm gtak j`dctlj`yl}`ae ag }tlmc `e sctw`ocs% ]fc xcjgltc cggco} ag }f`s socelt`a xajm dcle `eotclsc ag 4%4 d`jj`ae &2%2?# ag HMR) lem =%? &

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    15/27

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    16/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ldjc 79 Xcjgltc Cggco}s ag L_CLE.7 lem L_CLE.? G]Ls

    Oflehcs)

    _ocelt`as _ocelt`a

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    17/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]fc ec} }tlmc m`wcts`ae cggco} ae }fc CS xls skljj* lem `eojs`ae ag cemahceas rtamo}`w }plem }tlmc glo`j`}l}`ae lo}ljjp tcmocm }fc oas}s }a }fc CS &cwce jclm`eh }a ras`}`wc hl`es }a}fc ecx CS kckdcts `e _ocelt`a =)% ]fc m`ggctceocs dc}xcce }fc L_CLE.? lem L_CLE.7looatms xctc lo}ljjp |`}c }t`w`lj* x`}f }fc L_CLE.? dc`eh rtcgcttcm }a L_CLE.7 `e ljjsocelt`as lem oaeg`htl}`aes ag rlt}ects cvocr} L_CLE.7 gat ecx CS kckdcts%

    ?%? ]fc Oas}s ag M`scehlhckce}9 L M`slhhtchl}cm Lrrtalof

    Kas} OHC s}m`cs ea}cm }fc j`k`}l}`aes ag }fc`t kamcjs* s}tcss`eh }fc`t `eld`j`}p }a cggco}`wcjpolr}tc klep ag }fc mpelk`o cggco}s lssao`l}cm x`}f tch`aelj `e}chtl}`ae% ]f`s dcoakcs`eotcls`ehjp rtadjckl}`o x`}f f`hf+|lj`}p G]Ls* xf`of gaos kof katc ae dcf`em+}fc+datmct kclstcs tl}fct }fle }tlm`}`aelj aecs &c%h%* }lt`ggs ljaec)% ]fc kamcjs ma l dc}}ct iadag `mce}`gp`eh sof }f`ehs ls s}to}tlj oflehc lem tcjl}`wc oflehcs `e glo}at tc}tes gat }fc`e}chtl}`eh oae}t`cs ls arrascm }a tclj`s}`o cs}`kl}cs ag xcjgltc oflehc%

    Olwcl}s ea}x`}fs}lem`eh* }fc OHC tcsj}s ma ea} rtcsce} l rtcss`eh olsc }a }fc CS48 `e}ctks ag }fc ra}ce}`lj oas}s lssao`l}cm x`}f s}lp`eh a}s`mc }fc Ls`le `e}chtl}`ae rtaocss% @eglo}* cvrtcss`eh }fcsc oflehcs `e }ctks ag HMR k`hf} dc k`sjclm`eh9 HMR s`he`g`cs }fcwljc ag haams lem sctw`ocs rtamocm `e }fc ce}`tc coaeakp awct aec pclt* lem ec} oflehcsltc gaoscm ae }tlmc ljaec% Oarjcm x`}f }fc glo} }fl} Ls`le }tlmc oaes}`}}cs aejp lda}

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    18/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    At fpra}fcs`s `s }fl} `g }fc CS48 xctc cvojmcm gtak }fc rtaocss* Ls`le `e}chtl}`ae x`jjolsc }tlmc m`wcts`ae `e sco}ats xfctc rta}co}`ae ag `em`w`mlj Ls`le kltnc}s `s s`he`g`ole}*lssk`eh }fl} }fctc `s oakrc}`}`ae `e lep h`wce Ls`le kltnc} gtak `e}chtl}`eh oakrc}`}ats%H`wce }fc s`yc lem m`wcts`}p ag }fc Ls`le `e}chtl}`ae rtaocsslem }fc glo} }fl} }fc S_ `slo}`wcjp j`en`eh `e}a `}oakrc}`}`ae `s rtc}}p kof hltle}ccm* }fahf }fc cjls}`o`}p agsds}`}}`ae `s adw`asjp ot`}`olj `e mc}ctk`e`eh }fc cv}ce} ag ra}ce}`lj oakrc}`}`ae% Jlthctcvrat} wljc kcles f`hfct jcwcj ag rta}co}`ae* xf`jc jlthct cjls}`o`}p ag sds}`}}`ae dc}xcceCS48 lem `e}chtl}`eh Ls`l0 &at rlt}ects) cvrat}s ce}l`js htcl}ct ra}ce}`lj gat }tlmc m`wcts`ae%

    Xc ljsa kl`e}l`e }fl}* h`wce }fc el}tc ag kamcte G]Ls* mccr `e}chtl}`ae oajm jclm }a }fcm`wcts`ae ag cvrat}s lxlp gtak }fc CS `e glwat ag `e}chtl}`eh oae}t`cs cwce `e ltcls xfctcrta}co}`ae `s ea} f`hf% Tcsj}s gtak Jcc lem wle mct Kcesdthhfc &4226)* xf`of ltcoaes`s}ce} x`}f }fc tcs} ag }fc j`}ctl}tc* shhcs}cm }fl} tcmo}`aes `e dcf`em+}fc+datmctdltt`cts hcectl}c tcsj}s &_ocelt`a 4 lem =) }fl} ha xcjj dcpaem kctc }lt`gg cggco}s% _ofoflehcs jclm }a `krat}le} cgg`o`ceop cggco}s }fl} x`jj el}tljjp sr`jj awct `e}a f`hfctrtamo}`w`}p% D} }fcp x`jj ljsa j`ncjp flwc }fc cggco} ag tc`egato`eh rtamo}`ae ofl`es lemmcklem sps}cks `e Ls`l `}scjg* at x`}f `e}chtl}`eh rlt}ects% Gat cvlkrjc* Ilrle lem_`ehlratc cssce}`ljjp flwc ycta }lt`ggs ae cjco}tae`o rtamo}s* l tcsj} ag da}f }fc `egatkl}`ae

    lem }cjcoakke`ol}`aes }cofeajah`cs lhtcckce} lem }fc wctp arce el}tc ag }fc`tkleglo}t`eh sco}ats% Faxcwct* }fc 4224 Ilrle+_`ehlratc Coaeak`o Rlt}ectsf`rLhtcckce} `s l kamcte* ecx lhc lhtcckce} }fl} dt`ehs maxe klep a}fct oas}s }a d`jl}ctlj}tlmc lem coaeak`o `e}ctlo}`ae dcs`mcs }lt`ggs% ]f`s oajm rjloc }fc CS l} l m`slmwle}lhcmcsr`}c ycta }lt ggs% ]fc slkc `s }tc ag }fc _`ehlratc+S_ G]L9 `g }fc s}atp xctc is} lda}}lt`ggs* xfp xctc cjco}tae`os kj}`el}`aeljs sa ncce ae }fc lhtcckce}1 ]lt`ggs xctc`es`he`g`ole}% Fceoc* xf`jc }lt`ggs oaes}`}}c le `krat}le} rlt} ag oakkcto`lj raj`op* }fctc ltcklep katc }fl} }fc CS eccms }a }lnc `e}a oaes`mctl}`ae%

    Katcawct* }fc raj`}`olj coaeakp ag rta}co}`ae `e }fc CS48 `s sakcxfl} katc oakrj`ol}cm}fle `e }fc olsc ag a}fct kliat coaeak`cs% Lj}fahf }fc CS fls l oakkae oakkcto`ljraj`op lem echa}`l}cs ls l htar* }fc glo} }fl} 48 el}`aes ltc tcrtcsce}cm shhcs}s }fl} }fc

    oaeg`htl}`ae ag `e}ctcs} htars `s katc oakrjcv% @e rlt}`ojlt* el}`aelj `e}ctcs}s ole dcdtahf} `e}a coaeak`o lthkce}s katc cls`jp }fle* slp* xajm flrrce `e }fc olsc ag }fcS_% Gat cvlkrjc* xf`jc }fc l}a `ems}tp `e Mc}ta`} klp sc raj`}`olj &c%h%* el}`aelj `e}ctcs})lem rscma+coaeak`o &c%h%* iads) lthkce}s `e rc}`}`ae`eh gat rta}co}`ae* `} x`jj ea} dc ldjc }adt`eh `e }fc K`of`hle gjlh `e}a }fc lthkce}* at l} jcls} ea} oaew`eo`ehjp% @e Ctarc* faxcwct*}fc cv`s}ceoc ag el}`ae+s}l}cs x`}f`e }fc coaeak`o srloc xajm rctk`} }f`s el}`aelj`s}`om`kces`ae% Lem lthldjp }f`s el}`aelj`s}`o m`kces`ae `s r`on`eh r s}clk `e Ctarc%

    ]te`eh }a }fc tcsj}s* xc ea}c }fl}* sakcxfl} strt`s`ehjp* }f`s m`slhhtchl}cm lrrtalof }ara}ce}`lj }tlmc m`wcts`ae `mce}`g`cm RTO ls }fc r`wa}lj kltnc}% ]ldjc 8 tcwcljs }fl} }fchtcl}cs} ekdct ag CS F_7 cvrat}s wljcm l} awct S_-< d`jj`ae ha }a RTO* xfctc scwcertamo} j`ecs ltc `mce}`g`cm% Katcawct* }tlmc rta}co}`ae `e RTO }cems }a dc kof f`hfct }fle

    `e }fc olsc ag a}fct kliat ncp kltnc}s* tc`egato`eh }fc s`he`g`oleoc ag RTO `e ra}ce}`lj }tlmcm`wcts`ae% Ilrle `s }fc scoaem kas} `krat}le} kltnc} x`}f g`wc ce}t`cs* d} `}s jcwcj agrta}co}`ae `s sa jax ls }a rtcojmc lep W`ect`le }tlmc m`wcts`ae `e }fcsc ltcls% _}`jj* ls ea}cmldawc* }fcsc ltcls sfajm s}`jj dc ag oaeocte }a CS raj`opklncts%

    L`trjlecs oaes}`}}c }fc kas} `krat}le} CS48 cvrat} }a RTO lem }fc scoaem kas} `krat}le}}a @em`l% Ea Ls`le kltnc}* ag oatsc* oakrc}cs s`he`g`ole}jp x`}f }fc CS `e }fc slkc j`ec ls*gat cvlkrjc* L`tds% Faxcwct* _`ehlratc &S_-=0? k`jj`ae)* ]fl`jlem &S_-48 k`jj`ae)*Kljlps`l &S_-

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    19/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    }fc S_ `s l g`ctoc oakrc}`}at x`}f }fc CS `e }f`s ltcl* ra}ce}`ljjp jclm`eh }a }tlmc m`wcts`ae `e}fc olsc ag }fc G]LLR% Cjco}tae`os lem wcf`ojc cvrat}s ltc ljsa s`he`g`ole} CS48 cvrat}s%Xf`jc cjco}tae`o rtamo}s }cem }a gloc jax jcwcjs ag rta}co}`ae* wcf`ojcs gloc tl}fct f`hfjcwcjs `e }fc Of`ecsc lem a}fct kltnc}s% Gat cvlkrjc* ]ldjc L%< sfaxs }fl} }fc Kljlps`le}lt`gg ae wcf`ojcs ag

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    20/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ldjc 89 ]ar CS+48 Oakkam`}p Cvrat}s }a Ls`le Kltnc}s

    &Cvrat}s cvoccm`eh S_- < d`jj`ae* F_ 7+m`h`} jcwcj)

    @}ck Oamc Oakkam`}p Mcsot`r}`ae

    CS+48

    Cvrat}s&S_-k`j%*4228)

    Lwctlhc]lt`gg )

    CS oakkam`}p cvrat}s }a RTO &4227 }lt`gg ml}l)

    < 6624=2 L`trjlecs ' a}fct l`totlg} 3*26? ?

    4 000000 Oakkam`}`cs ea} srco`g`cm looatm`eh }a n`em ?*704 EL

    ? 682?4= Wcf`ojcs ag l opj`emct olrlo`}p 5?*222oo 4*6?= 46

    = 8=2=22 Oarrct xls}c ' sotlr 4*477

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    21/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    Ea}cs9 CS ; Ctarcle Se`ae* Natcl ; Tcrdj`o ag Natcl* RTO ; Rcarjcs Tcrdj`o ag Of`el%

    ]lt`gg gat F_000000 ea} kcle`ehgj* h`wce m`wcts`}p ag oakraece}s%

    X]A macs ea} rdj`sf W`c} Elk }lt`gg* sa }f`s oae}tp fls dcce cvojmcm

    mcea}cs F7 7+m`h`} ml}l elwl`jldjc% Cs}`kl}`aes lmar}cm gtak Elpl lem Rjkkct &4223)%

    _atocs9 Gtak Lrrcem`v ]ldjc X]A ]lt`gg Ml}l%

    @ewcs}kce} m`wcts`ae k`hf} ljsa dc le `ssc% @ewcs}kce} m`wcts`ae }lncs rjloc xfcekj}`el}`aelj oakrle`cs `ewcs} `e le G]L `e atmct }a }lnc lmwle}lhc ag dltt`ct+gtcc loocssx`}f`e l h`wce kltnc}% Ls rta}co}`ae `e Ls`l `s tcjl}`wcjp jax lem kj}`el}`aeljs `ewcs} `e Ls`lkl`ejp ls rlt} ag l rtamo}`ae+ofl`e rtaocss

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    22/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    hcectljjp `e glwat ag l s}taeh* oakrtcfces`wc lem cggco}`wc X]A* ia`e} oaarctl}`ae l} }fcX]A x`jj dc `eotcls`ehjp rass`djc ls L_CLE coaeak`o mccrce`eh lmwleocs% _oocss `e}f`s ltcl x`jj tc|`tc s`he`g`ole} raj`}`olj oakk`}kce}* ls oct}l`e `e}ctcs} htars arrascm }a}tlmc j`dctlj`yl}`ae x`jj eccm }a dc oaegtae}cm%

    _coaem* xc flwc scm }fc hcect`o }ctk G]L x`}fa} dt`eh`eh `e }fc `krat}leoc ag }fc

    ofltlo}ct`s}`os ag }fcsc lhtcckce}s% ]fc mtlxdlons ag }fc srlhfc}}`+daxj cggco} ltc xcjjneaxe* rlt}`ojltjp `e }ctks ag }fc oakrj`ol}cm tjcs ag at`h`e }fl} ltc `eojmcm `e }fcsclooatms% Xc lthcm ldawc }fl} CS+Ls`l looatms x`jj j`ncjp }lnc rjlocl} jcls} `e`}`ljjpael d`jl}ctlj dls`s* xf`of xajm `eotclsc }fc s`yc ag }fc srlhfc}}` daxj% D} xc ma ea} gccj}fl} }f`s `s l tclsae gat }fc CS }a sfe lhtcckce}s x`}f Ls`le oae}t`cs* rlt}`ojltjp h`wce}fc ottce} G]L }tcem% Tl}fct* xc shhcs} gaos`eh ae dcs} rtlo}`ocs `e }fc lhtcckce}* lelrrtalof }fl} xc flwc oljjcm cjscxfctc ls }te`eh srlhfc}}` `e}a jlslhel &Rjkkct 4228)%

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    23/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    TCGCTCEOC_

    LMD% 4226% Ckcth`eh Ls`le Tch`aelj`sk9 L Rlt}ectsf`r gat _fltcm Rtasrct`}p% Kle`jl9 LMD%

    OCR@@% 4227% Coaeak`o @krlo} ag l Ra}ce}`lj Gtcc ]tlmc Ltcl dc}xcce }fc Ctarcle Se`ae

    lem L_CLE% G`elj Tcrat}* Gtlkcxatn Oae}tlo} Ea ]TLMC!23!F?!2

    Mcotcv* P%* lem O% K`}lt`}aeel% 4228% Coaeak`o @krlo} ag l Ra}ce}`lj Gtcc ]tlmc Ltcl&G]L) dc}xcce }fc Ctarcle Se`ae lem @em`l% G`elj tcrat}* Gtlkcxatn Oae}tlo} Ea]TLMC!23!F?!2

    Nlxl`* K%* lem H% X`heltlil% 4226% Ls`le.? at L_CLE.79 Xf`of Xlp Gatxltm1 LMD@es}`}}c M`soss`ae Rlrct Ea% 88% ]anpa9 LMD @es}`}}c%

    Ntc`e`e* K% C%* lem K% H% Rjkkct% 4224% Coaeak`o @e}chtl}`ae lem Mcwcjarkce}9 FlsTch`aelj`sk Mcj`wctcm gat Mcwcjar`eh Oae}t`cs1 Jaemae9 Cmxltm Cjhlt%

    Jcc* F%* lem M% wle mct Kcesdthhfc% 4226% Tch`aelj @e}chtl}`ae `e Ls`l lem `}s Cggco}s ae}fc CS lem Eat}f Lkct`ol% Rlrct rtcsce}cm l} }fc

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    24/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    LRRCEM@V

    ]ldjc L%

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    25/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ar32

    Oakkam`}`cs

    Oakkam`}p

    Oamc&F_7

    m`h`})

    Oakkam`}pMcsot`r}`ae

    CS48

    Cvrat}s

    &S_-k`j*

    4228)

    Lwctlhc

    ]lt`gg)

    O%]ar

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    26/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ar32

    Oakkam`}`cs

    Oakkam`}p

    Oamc&F_7

    m`h`})

    Oakkam`}pMcsot`r}`ae

    CS48

    Cvrat}s

    &S_-k`j*

    4228)

    Lwctlhc

    ]lt`gg)

    0 ?22=02 Kcm`olkce}s

  • 8/8/2019 EU-Asia Free Trade Areas? Economic and Policy Considerations

    27/27

    LMD@ Xatn`eh Rlrct 433 Rjkkct

    ]ar32

    Oakkam`}`cs

    Oakkam`}p

    Oamc&F_7

    m`h`})

    Oakkam`}pMcsot`r}`ae

    CS48

    Cvrat}s

    &S_-k`j*

    4228)

    Lwctlhc

    ]lt`gg)


Recommended