Asia-Pacific trade agreement : implications of exchange of trade preferences for member and prospective member countries
Abstract
The present study has clearly revealed that considerable opportunities exist for new countries to accede to the Agreement. The prospective member countries of the region would find that the large and growing markets of China, India and the Republic of Korea offer attractive opportunities to expand their share in the vast regional market.
The study further highlights the favourable export-import complementarities that exist with respect to products/sectors between some of the prospective member States of ESCAP (particularly Indonesia, the Philippines, Thailand and Viet Nam) with the APTA contracting States.
