Beyond Goods and Services: Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs involving ASEAN Countries
O G Dayaratna Banda, John Whalley
NBER Working Paper No. 11232
We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. What emerges is of a picture of ill-defined general commitments and precise undertaking, which vary from element to element and country pair to country pair. These agreements are recent, but they are numerous and more are under negotiation. We separately synthesize and evaluate provisions in five areas: competition policy, investment, mutual recognition, movement of persons, and broader cooperation.