An easy business-oriented guide to the region's various multilateral trade agreements


Welcome to PBEC Trade Matters

As of 2017 there are 279 Regional Trade Agreements (RTAs) in force around the world. The ever-growing number of regional trade agreements is a prominent feature of international trade, and one that is becoming increasingly complex. Already RTAs span more than 50% of global trade, and along with the global multilateral agreements under WTO, this is becoming increasing complex for organisations running global and regional businesses. Such effects have increased the cost of doing business as well as increased the risks associated to geopolitical tensions.

PBEC was born in 1967 - a time when regional trade was nascent in Asia-Pacific, and few governments were ready to shoulder the responsibility of negotiating trade agreements. So a group of business leaders around the Pacific took it upon themselves to meet regularly and work with their respective governments to develop frameworks to facilitate international trade.

Now - 50 years later - PBEC continues its mission as the independent voice of responsible business and trade across the Pacific Basin.
We believe that through cooperation and the exchange of ideas, the private sector can work with governments to promote significant growth and prosperity across Asia and the Pacific.

In 2016, the PBEC Trade Matters project was initiated to provide a no-nonsense business friendly guide to the trade agreements in the Pacific Rim. A resource to help business leaders understand these agreements in a language that makes sense. A guide that is continuously updated and revised to keep our readers abreast of changes that may have an impact on their business decisions.

I hope you find our guide useful, and I welcome any feedback you may have.

 

Andrew Weir
Chairman
Pacific Basin Economic Council

 

PBEC Trade Covers:

Economies in the Pacific Rim

Percent of World Population

Percent of World GDP

Latest News on Regional Trade Agreements

2018-05-27
KUALA LUMPUR, May 28 (Bernama) -- The 24th Meeting of the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) has recognised the importance of digital economy as the enabler in today's businesses. Malaysia was represented by ...
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2018-05-27
MEXICO CITY — For a soft-spoken stalwart of Mexico's auto industry, Guillermo Rosales is blunt when it comes to the frustrations his country has faced since President Donald Trump reopened the North American Free Trade Agreement. Foreign investment is ...
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2018-05-27
FOX Sports Asia brings you the weekly match schedules of the ASEAN football stars who are plying their trade in Thailand and Malaysia. With the Thai League taking a breather till June 9, league leaders Buriram United signed off in style as they battered ...
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2018-05-27
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not ...
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2018-05-26
KUALA LUMPUR: Malaysia is haggling over the terms of a $14 billion rail deal with its Chinese partners and can reduce its ballooning national debts by $50bn by doing away with mega projects, its prime minister said in an interview published on Saturday.
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2018-05-23
SANTIAGO (Reuters) - Britain’s Foreign Secretary Boris Johnson concluded a five-day charm offensive in Latin America on Wednesday by expressing interest in a trade agreement with Chile and other countries in Latin America’s so-called Pacific Alliance.
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