We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

AEC Blueprint Implementation Performance and Challenges: Service Liberalization

AEC Blueprint Implementation Performance and Challenges: Service Liberalization
Date:
8 May 2015
Category:
ASEAN, Services, Trade
Tags:

Print Article:

Abstract


This paper examines the progress of liberalization of the ASEAN Framework Agreement in Services (AFAS). It measures the changes in the rate of liberalization of the AFAS commitments from the 7th to the 8th package negotiations. The comparisons show only marginal improvement in the depth of services liberalization rate between the two packages, albeit significant increase in the number of subsectors covered in the 8th package. Deeper examination of the commitments suggests that many ASEAN Member States utilized a facility under AFAS (Flexibility Rule) to put a number of sensitive subsectors which are not subject to liberalization commitments. Mode 3 liberalization rate of package 8 increases significantly when the Flexibility Rule is considered. This suggests that many subsectors do not pass the threshold set by package 8.

ERIA-DP-2015-39

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Latest Articles

Lao PDR, Energy, White Paper
23 September 2024
Editor(s)/Author(s): Han Phoumin, Anousak Phongsavath
Coming soon: 23 September 2024   The Energy Security White Paper outlines[...]
SME, SME Policy Index
20 September 2024
Editor(s)/Author(s): ERIA
ISBN: 978-602-5460-58-6 coming soon: 20 September 2024 The SME Policy[...]