TY - BOOK ID - 143494701 TI - Assessing the Benefits of the ASEAN+6 Single Window for ASEAN Members AU - Suvannaphakdy, Sithanonxay AU - Neo, Guo Wei Kevin PY - 2022 SN - 9789815011289 9815011286 PB - Singapore : ISEAS Publishing, DB - UniCat KW - Electronic commerce KW - International economic integration. KW - ASEAN. KW - Southeast Asia KW - Economic integration. UR - https://www.unicat.be/uniCat?func=search&query=sysid:143494701 AB - The ASEAN+6 Single Window (ASW+6) in this study refers to the geographic expansion of the ASEAN Single Window (ASW) to enable cross-border electronic exchange of trade-related data and documents among ASEAN member states and six FTA partners, namely, Australia, China, India, Japan, New Zealand and South Korea. The ASW is part of ASEAN's trade facilitation reform to reduce intraregional trade costs and time.
This study considers cross-border paperless trade measures to represent the implementation of ASW+6, using data from the UN Global Survey on Digital and Sustainable Trade Facilitation in 2019. The simulation analyses reveal that the ASW+6 has significant potential to reduce times required to export and import, and to boost trade in ASEAN and its FTA partners.
The sequence of expanding the ASW to FTA partners may begin with countries that are major sources of ASEAN's export gains identified in this study and those that have expressed their political will to move in that direction. These are Japan and South Korea. The ASW should then be enlarged to remaining FTA partners, especially China and India.
While trade gains from ASW+6 are substantial, the implementation costs can also be significant due to different regulatory requirements across ASEAN+6 countries. Aid for trade and capacity-building to support the reform process have to be an integral part for the design of ASW+6. ER -