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Free Trade Agreements (FTAs) are often considered as one of the building blocks for regional economic integration. They specify a set of rules or standards that govern trade among the members who are signatories to these agreements. However, by definition, FTAs tend to be discriminatory and are often considered to be hindering rather than facilitating the goal of achieving global free trade. In the context of Southeast Asia, consumers and businesses must understand in what way a bilateral FTA might affect them, given that this is hitherto an unknown trend to most of the region. This book attempts to create a conceptual understanding on the features and benefits of FTAs proliferating in Southeast Asia. It focuses on the debate of whether such FTAs are a building or stumbling block towards achieving global free trade. The book details the concluded as well as ongoing FTA initiatives of Singapore, highlighting the benefits to the Singapore economy. It further details the other ongoing ASEAN-wide FTA initiatives, both at the bilateral and regional levels, and analyses their implications for the economies of Southeast Asia. The book observes that it is important to understand the exact nature of the gains from trade when entering into such agreements, given their wide scope and diverse nature. This is the first book in the ISEAS Southeast Asia Background Series.
Free trade --- Foreign trade regulation --- Export and import controls --- Foreign trade control --- Import and export controls --- International trade --- International trade control --- International trade regulation --- Prohibited exports and imports --- Trade regulation --- Law and legislation --- Southeast Asia --- Asia, Southeast --- Asia, Southeastern --- South East Asia --- Southeastern Asia
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Foreign trade. International trade --- Japan --- Singapore --- United States of America
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Foreign trade policy --- South Korea --- Singapore
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The Korea-Singapore Free Trade Agreement (KSFTA) is Korea's first comprehensive FTA involving any ASEAN member country and provides a framework for building a strong strategic and economic partnership between Korea and the ASEAN countries. It is therefore designed to be a building block in the process of community building efforts towards an East Asian Community in the long run as well as towards global free trade. This book analyses and documents the rationale behind the agreement and its impact on the economies of Korea and Singapore, underpinning the growing economic linkages between the two countries that have become stronger since the enforcement of the agreement.
Free trade --- Free trade and protection --- Trade, Free --- Trade liberalization --- International trade --- Singapore --- Korea (South) --- USAMGIK --- United States Army Military Government in Korea --- Taehan Minʼguk --- Han guo --- Dae Han Min Kuk --- Tae Han Min Guk --- Daehan-Minʼguk --- South Korea --- Tai Han Min Kook --- South Korean Interim Government --- S.K.I.G. --- SKIG --- Nam Chosŏn Kwado Chŏngbu --- Namjosŏn --- Namjosŏn Kwado Chŏngbu --- Republic of Korea --- Da Han Minguo --- Daehan Min-kuk --- Daikan Minkoku --- ROK --- 대한민국 --- 大韓民國 --- 대한 민국 --- Daehanminguk --- Ciṅkappūr --- Colony of Singapore --- Garden City --- Hsin-chia-pʻo --- Lion City --- Red Dot --- Republic of Singapore --- Republik Singapura --- Singapore City (Singapore) --- Singapore Colony --- Singapore (Singapore) --- Singapour --- Singapur --- Singapura --- Singkhapō --- Tumasik (Singapore) --- Xinjiapo --- Xinjiapo gong he guo --- Xinjiapo Gongheguo --- 新加坡 --- 新加坡共和国 --- Syonan-to --- Foreign economic relations --- Singapoer --- سنغافورة --- Sanghāfūrah --- Singhāfūrah --- Sinqapur --- Sin-ka-pho --- Сінгапур --- Sinhapur --- Сингапур --- Singgapura --- Σιγκαπούρη --- Sinkapoyrē --- Singapuro --- Singapul --- Sinngapuur --- Singeapór --- 싱가포르 --- Singgap'orŭ --- Singafora --- Sinapoa --- סינגפור --- Singapuri --- Sengapou --- Singapūras --- Singapūro Respublika --- Scingapô --- Szingapúr --- Singaporo --- Hingapoa --- シンガポール --- Shingapōru --- Ȯmnȯd Solongos --- Emu̇nedu̇ Solungus --- Solongos (South) --- Solungus (South) --- Bu̇gd Naĭramdakh Solongos Uls --- Bu̇gu̇de Nayiramdaqu Solungus Ulus --- I︠U︡zhnai︠a︡ Korei︠a︡ --- Южная Корея --- Korei︠a︡ (South) --- Корея (South) --- BNSU --- БНСУ --- Commerce
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