Source: ASEAN – Association of SouthEast Asian Nations (2)
BANGKOK, Thailand 10 September 2019 – Organised by Economic Research Institute for ASEAN and East Asia (ERIA), a ceremony to hand-over the Non-Tariff Measures (NTM) Database to ASEAN was held at the sidelines of the 51st of ASEAN Economic Ministers Meeting and Related Meetings, 3-10 September 2019.
In his remarks, the Secretary-General of ASEAN expressed appreciation to ERIA and the United Nations Conference on Trade and Development (UNCTAD) for this initiative. He highlighted the importance of the NTMs database as it will support ASEAN exporters in understanding and complying with trade formalities and regulations that apply to products they trade in the region. He added that “this effort can also help MSMEs improve their competitiveness by having direct access to reliable and fully validated NTMs, which in turn, would facilitate more regional firms, particularly MSMEs, to trade and integrate within regional and global value chains, expanding the benefits of the ASEAN Economic Community (AEC) in promoting inclusive growth and sustainable development.” The Secretary-General of ASEAN also underlined the potential contribution of the NTMs database in reducing the cost of doing business in ASEAN and in doubling intra-ASEAN trade by 2025.
In collaboration with UNCTAD, ERIA collected and classified NTMs in the ten ASEAN countries and the six East Asia Countries (China, Japan, Korea, Australia, New Zealand, and India). The data collection covered all regulations from official documents including international conventions adopted by countries. A total of 28,947 measures were classified, 6,699 regulations were coded and up to 11,347 product lines were covered.
The hand-over ceremony was attended by Deputy Prime Minister of Thailand H.E. Jurin Laksanawisit, President of ERIA Professor Hidetoshi Nishimura, Secretary-General of ASEAN H.E. Dato Lim Jock Hoi, as well as economic ministers from the ASEAN Member States and ASEAN Dialogue Partners.
The database can be found here.