Agricultural Trade: Planting the Seeds of Regional by United Nations

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By United Nations

The goals of the examine are to map and examine latest alternate agreements within the quarter and their product assurance, really agricultural items, in addition to linked tariff and non-tariff limitations and to derive implications and suggestions and guidance for alternate coverage negotiations. It includes either quantitative and qualitative analyses of liberalization efforts within the region of agricultural exchange, which happened in parallel to negotiations on agricultural exchange liberalization within the context of Doha improvement schedule. It offers an up to date, trustworthy account of preferential alternate in Asia with admire to agriculture. The research additionally features a assessment of agricultural reform in China.

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Extra resources for Agricultural Trade: Planting the Seeds of Regional Liberalization in Asia - A Study by the Asia-Pacific Research and Training Network on Trade

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Tonga’s accession process was finalized in 2005, but ratification is pending. Figure VIIa shows total trade among the members of each one of the 10 RTAs in the region in 2005, while figure VIIb shows those values for the years in which those RTAs were signed. In 2005, AFTA led with almost US$ 300 billion-worth of intra-bloc trade, but members of APTA were not far behind. It is, however, not possible to assert how much of this trade in any of the blocs is done under the preferential terms negotiated.

During the late 1970s in Sri Lanka, and in the late 1990s in other SAEs, the tariff structures were simplified and the number of tariff bands was reduced. The changes in the SAE tariff structures and exchange rate regimes as well as relaxation of payment restrictions during the 1990s show that SAEs have moved towards greater openness in their trade. All the SAEs, except Bhutan, are members of the World Trade Organization (WTO); under this multilateral trade agreement, the SAEs’ bound agricultural tariffs are at considerably higher rates.

Bangladesh, Pakistan and Sri Lanka depend more on a narrow base of manufactured exports, textile and clothes, and some other manufactured exports (figure I). 36 Table 2. 3 5 58 16 362 490 450 1 220 220 508 814 25 18 28 16 38 27 21 GDP per capita (US$) Agricultural share of GDP (%) Source: Note: World Bank (2004). Data represent 2004-2005 for Bangladesh and India, 2002-2003 for Pakistan, and 2003-2004 for Sri Lanka and Nepal. Figure I. Share of merchandise exports, 1995-1999 Sri Lanka 23 Pakistan 54 15 India 71 20 Bangladesh 14 28 52 11 0 23 79 20 40 10 60 80 100 Percentage Agr.

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