Economies in Asia and the Pacific should consider utilization rates as a regional public good allowed to raise the value of trade agreements and foster regional value chains.
Cambodia is about to graduate from least developed country status. It should accelerate trade reforms to address the challenges its new status will bring.
With mega trade deals and digitalization, we need to rethink aid for trade with more focus on policy and regulatory support.
The massive Regional Comprehensive Economic Partnership (RCEP) agreement is expected to go into force in 2022. It could be instrumental in helping Asian economies bounce back from the pandemic.
The massive Regional Comprehensive Economic Partnership presents a major trade opportunity for Asia but there are still critical details that need to be worked out.