Open AccessTRADE IN SERVICES LIBERALIZATION WITH RESPECT TO ASEAN FRAMEWORK AGREEMENT ON SERVICES
Author(s) -
Oleksandr Krinitsyn
Publication year - 2016
Publication title -
aktualʹnì problemi mìžnarodnih vìdnosin
Language(s) - English
Resource type - Journals
eISSN - 2663-8959
pISSN - 2308-6912
DOI - 10.17721/apmv.2016.127.1.163-170
Subject(s) - international trade , trade in services , free trade , trade barrier , economic integration , general agreement on trade in services , business , liberalization , international economics , international free trade agreement , commercial policy , economics , market economy
Nowadays very dynamic and ambitious structural changes transform the globaleconomy and international trade. Particularly noteworthy is not only the speed of global changes, but the coverage which affects almost the entire economic world.The Association of Southeast Asian Nations economies are no exception to these trends. While their rapid growth over the past few decades, largely driven by high exports of industrial products, services sector and trade in services began to gain importance recently.This article analyzes the volume, dynamics and structure of trade in services in the Association of Southeast Asian Nations with respect to the Framework Agreement on Trade in Services (AFAS) geography and development of free trade zones involving ASEAN.A comprehensive analysis of trade in services of individual sectors was performed. As a factor that contributes to international trade the Framework Agreement on Trade in Services was analyzed. Moreover free trade zones involving ASEAN were pointed out. This article analyzes the importance of comprehensive measures to successfully promote trade in services both within the region and with the rest of the world.