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Corporate Competitiveness in FTA Era

5.1.2.3. Incorporating FTAs into Business Strategy. Corporate Competitiveness in FTA Era. 31 st ASEAN-Japan Business Meeting November 2005. A Region Without FTAs. Regulatory walls isolate domestic markets Tariff and non-tariff measures Regulatory requirements / restrictions

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Corporate Competitiveness in FTA Era

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  1. 5.1.2.3 Incorporating FTAs into Business Strategy Corporate Competitiveness in FTA Era 31st ASEAN-Japan Business Meeting November 2005

  2. A Region Without FTAs • Regulatory walls isolate domestic markets • Tariff and non-tariff measures • Regulatory requirements / restrictions • Focus on individual domestic market • Captive market • Captive consumer • Operational isolation • Little / No sharing of resources • Duplication Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

  3. ASEAN Free Trade Area (AFTA) • Intra ASEAN barriers gradually removed • Tariff reduction and elimination • Removal of non-tariff measures • Access to regional market • Expanded marketplace • Greater pool of supply • Create regional operational space • Rationalization • Specialization Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

  4. ASEAN+ Japan ASEAN Implemented On-going Negotiations China Republic of Korea India Australia New Zealand Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

  5. Bilateral THAILAND 1. Australia2. BIMSTEC 3. EFTA 4. India 5. Japan 6. New Zealand7. Peru 8. United States • PHILIPPINES • Japan • SINGAPORE • Australia • EFTA • India • Japan • Jordan • Kuwait • New Zealand • Pakistan • Panama • Qatar • Republic of Korea • Trans-Pacific • United States • MALAYSIA • Australia • Japan • New Zealand • Pakistan • INDONESIA • Japan Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

  6. Facing FTAs • Inevitability of FTAs • Maximizing opportunities and minimizing challenges • Market access / competition • Regulatory transparency / corporate governance • Influencing / Anticipating the FTA negotiations • Regular updates on FTA developments • Inputs to negotiations • Safety net for the “losers” Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

  7. Worldwide. For Our Clients. www.whitecase.com White & Case, a New York State registered limited liability partnership, is engaged in the practice of law directly and through entities compliant with regulations regarding the practice of law in the countries and jurisdictions in which we have offices. Corporate Competitiveness in FTA Era: Incorporating FTAs into Business Strategy

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