New studies on Tariffs; FDIs and Global Value Chains are now online
Study on Tariffs: Analysis of the Regional Comprehensive Economic Partnership (RCEP) Tariff Liberalization Schedules
RCEP is the largest regional free trade agreement (FTA) in the world. Its potential is huge, as its 15 members account for about 2.2 billion people (30% of the global population), a regional gross domestic product (GDP) of about USD38,813 billion (30% of global GDP), and 28.8% of global trade. This study examines market access commitments and comparing the extent of tariff liberalization within RCEP as well as the other major regional FTA in the Asia-Pacific, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Read the full report
The FDI Network, Global Value Chain Participation and Economic Upgrading
Foreign direct investment (FDI) represents an important internationalization pathway to global value chain (GVC) participation. APEC economies as a group have dominated as FDI recipients, accounting for nearly 52% of the global inward FDI stock. This study analyses the role of FDI in economies' GVC participation.
Read the full report
ICYMI: Media opportunities at Second APEC Senior Officials' Meeting and Ministers' Responsible for Trade Meeting