The Various Dimensions of Thailand-Japan Economic Partnership. His Excellency Virasakdi Futrakul the Ambassador of Thailand to Japan
|
|
- Charla Curtis
- 5 years ago
- Views:
Transcription
1
2 The Various Dimensions of Thailand-Japan Economic Partnership His Excellency Virasakdi Futrakul the Ambassador of Thailand to Japan
3 Outlines 1. Japan Thailand bilateral relations 2. Japan Mekong sub-region 3. Japan ASEAN 4. Opportunities to enhance Thailand Japan relations
4 1. Japan Thailand bilateral relations
5 Highlights (1) 125 th Anniversary of diplomatic relations in years of historical ties Close relations in every aspect and level: Imperial Family and Royal Family Politics Economics/Business sectors People-to-People
6 Highlights (2) Japan and Thailand are strategic partners in strengthening bilateral, regional, and international issues in fields of economy, society, development, security, and political cooperation. Japan is Thailand s largest trade partner and investor for more than a decade Japanese community in Thailand is the 2nd largest community in the world in term of size after China (46,000 businessmen and 7,000 Japanese firms)
7 Trade between Japan Thailand Trade in 2011 : Japan is Thailand s largest trade partner Total Trade = 62 billion US$ (+ 8.38% from 2010) Trade between Japan and Thailand accounted for 14.5 % of Thailand s total trades with the world. Export to Japan = 22 billion US$ (+ 12.4% from 2010) Japan is the 2 nd largest Thailand s export market after China Import from Japan = 40 billion US$ (+ 6.2% from 2010) Japan is Thailand s largest import market Thailand s trade deficit with Japan = 18 billion US$
8 Trade between Japan Thailand (2) JTEPA (Japan-Thailand Economic Partnership Agreement) Entered into force in November 2008 Instrument for strengthening economic relationship and facilitating the economic cooperation between two nations. Cover 19 fields of economic partnership and cooperation such as trade in goods, service, custom procedure, rules of origin, investment, government procurement, ICT, agriculture, food safety, local-to-local linkage, SME, tourism, enhancement of business environment, etc.
9 2011 Total Trade = 5 trillion yen (62 billion US$) Import = 3.22 trillion yen (40 billion US$) Export = 1.81 trillion yen (22 billion US$) 1$ = 80 Source: Ministry of Commerce of Thailand Source: Ministry of Commerce of Thailand
10 Japan remains Thailand s largest trade partner in spite of the downward trend of share in Thailand s total trade Source: Ministry of Commerce of Thailand
11 Investment from Japan to Thailand Investment in 2011: Japan is Thailand s largest FDI source FDIs from Japan is the largest FDIs to Thailand, followed by China and U.S. 57 % of all FDIs from overseas to Thailand Number of Japanese applications in 2011 = 560 projects (+ 54% from 2010) Amount of Japanese investment in 2011 = 6 billion US$ (+ 85.6% from 2010) Investment promotion application = 484 projects Valued 4.9 billion US$ Mostly in automobile, machinery, metal, electronic industry.
12 Japan Even after Great Flood during Oct Nov 2011, FDIs from Japan to Thailand still increased
13 100 Million Yen Remittance from Japanese companies in Thailand in 2011 = 3.68 billion US$ (30% of all ASEAN) ASEAN = billion yen (12.18 billion US$) P.R. China = billion yen (8.29 billion US$) Thailand = billion yen (3.68 billion US$) Singapore = billion yen (3.2 billion US$) P.R.China. Taiwan Singapore Indonesia Philippines Hong Kong R. Korea Thailand Malaysia India P.R.China Thailand Singapore Indonesia Income from Japan's Direct Investment in Asia Source: Bank of Japan
14 Tourism in 2011: Tourism Japanese tourists to Thailand = 1,126,221 persons 13.34% from 2010 Ranked 3 rd after China and Malaysia Thai tourists to Japan in 2011 = 145,000 persons 32.5% from 2010 due to Tohoku Great Earthquake and Tsunami on 11 March ,000 Japanese long-stayers in Chiang Mai
15 Persons No. of Tourists travelling between 2 countries 1,400,000 1,200,000 1,000,000 1,042,349 1,212,213 1,196,654 1,311,987 1,277,638 1,153,868 Thai Tourists to Japan Japanese Tourists to Thailand 1,126,221 1,004, , , , , ,000 80, , , , , , , , , Source: Department of Tourism, Ministry of Tourism and Sports of Thailand
16 Assistance from Thailand to Japan during Great Earthquake in March million yen (395,000 US$) of donations and other relief supplies from members of the Royal Family 512 million yen (6.4 million US$) budget approved by the Thai Government for relief activities 2 medical teams sent for disaster victims in Fukushima prefecture Lending of 2 gas turbines (122 MW) to TEPCO, which can provide electricity for 250,000 households 2.35 billion yen (29.3 million US$) of donations from general public through various channels
17 Effects on Japanese Businesses Direct damages on 451 firms located in 7 industrial parks in 2 provinces JETRO estimated damages on Japanese businesses in Thailand at 250 billion yen (3.1 billion US$), which would result in 1% shrink of Thai GDP (out of total shrink of 2.3% from the flood) Effects on Japanese manufacturing industries both in Thailand and overseas through supply-chain disruptions, particularly, automobile, HDD, electronics Concerns on reinsurance issues
18 Assistance from Japan to Thailand during Great Flood in Oct-Nov 2011 (1) 1.06 billion yen (13.25 million US$) of donations by Japanese Government, and million yen (5 million US$) of donations from public and private sectors. Expert teams sent for monitoring flood situation and advice on safety of public infrastructure Lending of Pi-SAR-L surveillance aircraft and 10 water-pumping trucks with operating personals 250 million US$ 2-step soft loan to be provided by JBIC through 5 Thai commercial banks Import of Thai workers for short-term operation at factories in Japan as well as exchanges/trainings of experts Measures to enhance liquidity for Japanese companies in Thailand, i.e., using Japanese Government Bond as guarantee for monetary measures by the Bank of Thailand
19 Assistance from Japan to Thailand during Great Flood in Oct-Nov 2011 (2) Assistance through JICA: 2 Joint Study Projects with Thai authorities Study on a Comprehensive Flood Management (Control) Plan for the Chao Phraya River Basin and Feasibility Study on Flood Protection/Mitigation Project Study on Flood Countermeasure for Thailand Agricultural Sector Grant of 1 billion yen (12.5 million US$) for the purpose of contributing to the Programmed concerning the mitigation and relief efforts to restore loss from the recent flood disasters in Thailand.
20 Current Situation after the Great Flood (1) First half of 2012: Jan Jun 2012 Jan Jun 2011 Change (%) Export to Japan 11,347 Million USD 890,270 Million JPY 11,490 Million USD 901,473 Million JPY Import from Japan 23,732 Million USD 1,862,049 Million JPY 19,725 Million USD 1,547,647 Million JPY Total Trade 35,079 Million USD 2,752,319 Million JPY 31,215 Million USD 2,449,120 Million JPY Trade Balance -12,386 Million USD -971,778 Million JPY -8,236 Million USD -646,174 Million JPY Total trade between Japan and Thailand recovered by 12.5% Source: Ministry of Commerce of Thailand
21 Current Situation after the Great Flood (2) First half of 2012: Jan Jun 2012 Jan Jun 2011 Change (%) No. of Project Project Value 176,298 Million Baht 434,060 Million JPY 5,425 Million USD 72,244 Million Baht 177,871 Million JPY 2,223 Million USD First half of 2012: Jan Jun 2012 Jan Jun 2011 Change (%) Thai Tourists to Japan 132,400 people 60,700 people Japanese Tourists to Thailand 630,058 people 565,240 people Source: Board of Investment of Thailand / :Ministry of Tourism and Sports of Thailand
22 Facts After the Great Flood (1) 66.7% of directly damaged companies resumed their operation at the same places in Thailand (JCC survey) 20% resumed at other places in Thailand 6.7% move their operations abroad 6.7% under consideration
23 Current Japanese view of Thailand After the Great Flood (2) Japanese companies still consider Thailand as promising and favorable investment destination (JBIC survey) Well-developed basic infrastructure Robust economic growth and sound macroeconomic management Consistent investment promotion privilege and policy But if flood reoccurs, most companies plan to invest somewhere else.
24 After the Great Flood (3) Japan s expectation towards Thai Government More information about Government s flood-control measures transparency, availability, reliability Improve weather forecast system (prediction of rainfall volumes) Develop disaster information system Improve infrastructure on water management control such as drainage channel and drainage tunnel Improve long-term flood-prevention system such as construction of permanent flood way
25 Technical Cooperation with JICA 8 Projects ( ): 1. Enhancing RISMEP (Regional Integrated SME Promotion) Mechanism Project 2. Improving and Enhancing the Transparency and Predictability of Tariff Classification and Customs Valuation Project 3. Capacity Development on Mitigation/Adaptation to Climate Change in the Southeast Asia Region Project 4. Long-term Care Service Development for the Frail Elderly and Other Vulnerable People Project (cont.)
26 Technical Cooperation with JICA (2) 8 Projects ( ): 5. Policy/Strategy and Operation on HIV/AIDS Prevention and Control Project 6. Harmonization of Power Distribution System in ASEAN countries Project 7. Comprehensive Flood Management Plan for the Chao Phraya River Basin Project 8. Flood Countermeasures for Thailand Agricultural Sector Project
27 2. Japan Mekong sub-region
28 Japan Mekong sub-region (1) Japan is a long-standing, reliable, and indispensable partner for the Mekong region countries. The relationship between Japan and the Mekong countries has progressed substantially since the 1 st Mekong - Japan Summit in Japanese government announced to provide the Mekong countries with ODAs of 600 billion yen (7.64 billion US$) during The objective of the sub-regional development is to narrow the economic and developmental gaps among the Mekong countries.
29 Mekong-Japan sub-region (2) Fields of Development under Mekong- Japan Framework Development of basic physical infrastructure and transport facilitation. Creation of society placing importance on human dignity issues by Disaster management Environmental conservation Climate change mitigation Human security Food security and food safety
30 Mekong-Japan sub-region (3) Thailand s role in Mekong Japan Framework (1) Thailand s role in the framework is in form of partnership for development (co-donor) with Japan in contribution to the development of the neighboring countries in Mekong sub-region. Japan views that Thailand, located geographically in the centre of the Mekong sub-region and playing a constructive role in regional integration, will continue to contribute to the development of the region.
31 Mekong-Japan sub-region (4) Thailand s role in Mekong Japan Framework (2) Up until now, Thailand has contributed to the development of basic infrastructure of approximately 20 projects in the region. Budget of 77 million US$ is earmarked by the Thai Government for the development of the infrastructure in the Mekong sub-region.
32 Mekong-Japan sub-region (5) Cooperations between Thailand and Japan on Myanmar Thailand and Japan intend to further support of the government of Myanmar towards democracy and national reconciliation. Thailand and Japan place the importance of extending support for poverty reduction and economic development in Myanmar; for instance, Dawei Mega Project. Joint working group between Thailand and Japan on the development of basic infrastructure and deep-sea port in Dawei.
33
34
35 3. Japan - ASEAN
36 Japan s views on ASEAN Japan-ASEAN (1) Have great potential population size (600 million people) growing purchasing power high development of FTAs Its ability to recover and grow even stronger after crises
37 Key Statistics Japan-ASEAN (2) Japan is the 4 th largest trading partner with 10 % share of ASEAN s total trade in 2010 (after China, ASEAN, EU-27) ASEAN is Japan s 2 nd largest trading partner after China. (2010) FDI from Japan to ASEAN increased by % to 8.4 billion US$ in 2010 (the 4 th largest investor after EU, ASEAN, USA ) FDI from Japan is accounted for 11.4 % of total inward investment to ASEAN (2010) 3.66 million Japanese visited ASEAN in 2011 (the 6 th largest visitors after ASEAN, EU-25, China, Australia, South Korea)
38 Billion U.S. Dollar Trade between Japan - ASEAN ( ) 1$ = Trade, Trade Exports Imports Source: ASEAN Secretariat Office/ASEAN-Japan Centre
39 Billion U.S. Dollar Trades between Japan and members of ASEAN Thailand Thailand Thailand Singapore Indonesia Malaysia Phillipines Indonesia Thailand Thailand Source: ASEAN Secretariat Office/ASEAN-Japan Centre
40 Trend of Japan s FDI to ASEAN and China, ASEAN Source: ASEAN-Japan Centre
41 Japan-ASEAN (3) Thailand in ASEAN Framework Gateway to ASEAN (CLMV (Mekong Sub-region)) 1,126,211 Japanese tourists travelling to Thailand in the largest among ASEAN countries for the past decade and ranks #4 worldwide (after China, U.S., and S. Korea) 6 billion US$ of FDI from Japan in 2011 (of all ASEAN countries, ranked # 2 after Singapore) Trade value between Thailand and Japan is 62 billion US$ in 2011 (ranked #1 among ASEAN countries for the past decade) Source: ASEAN-JAPAN Center Computation: 1$ = 80
42 Japan-ASEAN (4) Cooperation between Thailand- Japan under ASEAN framework ASEAN-Japan Summit ASEAN+3 Summit East Asia Summit (EAS) ASEAN Regional Forum (ARF) ASEAN-Japan Center (established in 1981)
43 Japan-ASEAN (5) Under ASEAN-Japan Framework Inauguration of ASEAN Community by 2015 Japan s Task Force for ASEAN Connectivity Continued support for ASEAN Integration ASEAN- Japan Comprehensive Partnership Agreement (AJCEP) entered into force in April 2008 Under ASEAN+3 framework ASEAN+3 Partnership on Connectivity (Thailand s initiative) ASEAN Plus Three Emergency Rice Reserve (APTERR)
44 Thailand as a hub for Japan s access to AEC/ASEAN Community
45 Japan-ASEAN (4) Under EAS framework Cooperation on political and security issues Cooperation of food safety and food security Establish ASEAN Plus Working Groups to study on East Asia Free Trade Area (EAFTA) and Comprehensive Economic Partnership for East Asia (CEPEA)
46 4. Opportunities to enhance Thailand Japan relations
47 Japan s Economic Policy and Prospects Japan s New Growth Strategy: Strategy for Rebirth of Japan The Cabinet approved the strategy on 31 July Top priorities are 1) Reconstruction from the March 11 disaster and 2) Rebirth of Fukushima. It aims to achieve an average nominal growth rate of 3% with an average real GDP growth rate of 2% by FY There are 11 fields in the strategy. Among them, focuses are on investment especially in 3 fields including the Environment, Medical and Agriculture/ Forestry/Fisheries sectors.
48 Japan s New Growth Strategy: Strategy for Rebirth of Japan (2) 11 fields and main mid-long term goals and measures for each field are as follows: 1. Environment sector 2. Medical sector 3. Agriculture, forestry, and fisheries sector 4. SMEs sector 5. Science and technological innovation & IT sector 6. Financial sector 7. Tourism 8. Economic strategy in Asia-Pacific 9. Life and employment 10. Human resources and education 11. Creation of vigorous nation and local community
49 Japan s New Growth Strategy: Strategy for Rebirth of Japan (3) Thailand can greatly benefit from #8. Economic strategy in Asia-Pacific 80% of trade should be done with nations with which Japan has concluded Economic Partnership Agreements (EPAs) by Promotion of international economic partnerships including establishment of FTAAP. Promotion of export of integrated infrastructure system in Asian, Middle East and Latin America. Capture growing middle class markets in emerging countries. Expand export of Cool Japan and Japanese food products. Expand flow of people, goods and capital into Japan. Promote overseas development of Japan s logistics system in order to further expand and gain overseas logistics market, especially in Asia.
50 Japanese Economy
51 Japan s GDP in recent years Source: Cabinet Office
52 Japan s Current Economic Situation In FY2012, the Japanese economy will grow by 2.2%, driven by domestic demand as intensive implementation of full-fledged reconstruction measure is expected to created steady demand and employment. Downside risks include a further downturn in the overseas economy amid the deepening European sovereign debt crisis, the appreciation of the yen and the subsequent acceleration of hollowing out of industry, constraint on the electricity supply and crude oil price increase.
53 Japan s Current Economic Situation Challenges Japan is now facing The shortage of power supply was caused by the shut-down of nuclear power plant across country- The percentage on the nuclear-power usage ratio to the total energy supply in 2030 ranges from 0% to 25% In worst case of no usage of nuclear power : Production cost of Japanese firms is expected to increase by 6.75 billion US$ Japan s GDP will shrink by 562 billion US$ (GDP s Growth declines by 0.4%) The ratio of Japanese s national public debt is over 200 %of GDP. The shortage of working labor due to the Japan s transition to aging society and low-birth rate problem.
54 Opportunities for Thailand Benefits from the commitment of the Government of Japan and Japanese private sector to: Development of Thailand s infrastructure including post-flood recovery and reconstruction projects, Cooperation through Japan s advanced technology in areas of space technology, high-speed urban railway, ICT infrastructure, Japan s conducting the preliminary feasibility study on high-speed rail links on Bangkok-Chiang Mai and Bangkok-Rayong routes. Benefit from the increasing trend of Japanese firms desire for business expansion in overseas especially in Asia and ASEAN.
55 Opportunities for Japan Water resource management system projects of 915 billion yen (11.4 billion US$) budget Country-wide infrastructure upgrading projects of 5.9 trillion yen (73.7 billion US$) Gateway and access to ASEAN Economic Community (AEC) in 2015, a single market of 600 million population, trillion yen (1.7 trillion US$) GDP, and 5% annual economic growth Export opportunities to FTA/EPA partners of Thailand and ASEAN 55 trillion yen (687.5 billion US$) of regional connectivity projects under Master Plan on ASEAN Connectivity and ASEAN Plus Three Connectivity Partnership, linking Japan with ASEAN, India, and beyond 21 st Century s Silk Route
56 Thank you for your kind attention
Push and Pull Factors for Japanese Manufacturing Companies Moving Production Overseas
Push and Pull Factors for Japanese Manufacturing Companies Moving Production Overseas February 20, 2013 Tsunehiko Yanagihara Mitsubishi International Corporation/Washington Office OUTLINE 1. Hollowing-Out
More informationUnderstanding AEC : Implication for Thai Business MRS. SRIRAT RASTAPANA
Understanding AEC : Implication for Thai Business MRS. SRIRAT RASTAPANA Director-General Department of Trade Negotiations April 20, 2011 Outline of Presentation 1. Thailand vs. ASEAN 2. Development on
More informationSECTION THREE BENEFITS OF THE JSEPA
SECTION THREE BENEFITS OF THE JSEPA 1. Section Two described the possible scope of the JSEPA and elaborated on the benefits that could be derived from the proposed initiatives under the JSEPA. This section
More informationState and Prospects of the FTAs of Japan and the Asia-Pacific Region. February 2013 Kazumasa KUSAKA
State and Prospects of the FTAs of Japan and the Asia-Pacific Region February 2013 Kazumasa KUSAKA 1 Development of Japan s EPA/FTA Networks Took Effect/Signed 12 countries and 1 region Study/discussion
More informationProliferation of FTAs in East Asia
Proliferation of FTAs in East Asia Shujiro URATA Waseda University and RIETI April 8, 2005 Contents I. Introduction II. Regionalization in East Asia III. Recent Surge of FTAs in East Asia IV. The Factors
More informationJapan s Policy to Strengthen Economic Partnership. November 2003
Japan s Policy to Strengthen Economic Partnership November 2003 1. Basic Structure of Japan s External Economic Policy -Promoting Economic Partnership Agreements with closely related countries and regions
More informationEXECUTIVE SUMMARY. Shuji Uchikawa
EXECUTIVE SUMMARY Shuji Uchikawa ASEAN member countries agreed to establish the ASEAN Economic Community by 2015 and transform ASEAN into a region with free movement of goods, services, investment, skilled
More informationMizuho Economic Outlook & Analysis
Mizuho Economic Outlook & Analysis The 18th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 18) - Japanese Firms Reevaluate China as a Destination for Business
More information1. East Asia. the Mekong region; (ii) environment and climate change (launch of the A Decade toward the Green Mekong. Part III ch.
1. East Asia East Asia consists of a variety of nations: countries such as Republic of Korea and Singapore, which have attained high economic growth and have already shifted from aid recipients to donors;
More informationThailand at a Glance. Belgian Economic Mission to Thailand Information Session. Arkhom Termpittayapaisith
Thailand at a Glance Belgian Economic Mission to Thailand Information Session Arkhom Termpittayapaisith Secretary-General Office of the National Economic and Social Development Board (NESDB) Monday 18
More informationBuilding an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN,
Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN, Excellencies Ladies and Gentlemen 1. We are witnessing today how assisted by unprecedented
More informationChina ASEAN Relations: Opportunities and Challenges for Development
Rising Powers Workshop 1 Beijing, 15-16 July 2010 China ASEAN Relations: Opportunities and Challenges for Development Prof. Dr. Dang Nguyen Anh Vietnam Academy of Social Sciences (VASS) ASEAN The Association
More informationASEAN 2015: OPPORTUNITIES AND CHALLENGES
ASEAN 2015: OPPORTUNITIES AND CHALLENGES Dr. Wilfrido V. Villacorta Former Philippine Ambassador and Permanent Representative to ASEAN; Former Deputy Secretary-General of ASEAN PACU ASEAN 2015 SEMINAR,
More informationJapan-Thailand Joint Press Statement on the Occasion of the Visit by Prime Minister Prayut Chan-o-cha
Japan-Thailand Joint Press Statement on the Occasion of the Visit by Prime Minister Prayut Chan-o-cha of the Kingdom of Thailand to Japan February 9, 2015, Tokyo H.E. General. Prayut Chan-o-cha (Ret.),
More informationEconomic Trends Across the Asia Pacific Region. Pansy Yau Deputy Director of Research
Economic Trends Across the Asia Pacific Region Pansy Yau Deputy Director of Research 2 Rebalancing of the World Economy % 70.00 65.00 60.00 55.00 50.00 45.00 40.00 35.00 Share of world total GDP (PPP)
More informationINTRODUCTION The ASEAN Economic Community and Beyond
1 INTRODUCTION The ASEAN Economic Community and Beyond The ten countries of Southeast Asia Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam are achieving
More informationJoint Statement of the Ninth Mekong-Japan Summit
Joint Statement of the Ninth Mekong-Japan Summit 1. The Heads of State/Government of Japan, the Kingdom of Cambodia, the Lao People s Democratic Republic, the Republic of the Union of Myanmar, the Kingdom
More informationGrowth, Investment and Trade Challenges: India and Japan
Growth, Investment and Trade Challenges: India and Japan October 31, 2017 Shujiro URATA Waseda University Outline 1. Economic Growth: Japan and India 2. Foreign Trade and Investment 3. India Japan EPA
More informationThe RCEP: Integrating India into the Asian Economy
Indian Foreign Affairs Journal Vol. 8, No. 1, January March 2013, 41-51 The RCEP: Integrating India into the Asian Economy Kristy Hsu * The ten member states of the Association of Southeast Asian Nations
More informationEU-Japan FTA/EPA JETRO s perspective. Jan 2015 Jun ARIMA Director General, JETRO London
EU-Japan FTA/EPA JETRO s perspective Jan 2015 Jun ARIMA Director General, JETRO London 1 Globalization Status of Japanese SMEs Not globalized 63.1% Imports from overseas Exports to overseas 15.8% 22.9%
More informationExecutive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA)
Executive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA) 1. Economic Integration in East Asia 1. Over the past decades, trade and investment
More informationJoint Statement of the 16th ASEAN-China Summit on Commemoration of the 10th Anniversary of the ASEAN-China Strategic Partnership
Joint Statement of the 16 th ASEAN-China Summit on Commemoration of the 10 th Anniversary of the ASEAN-China Strategic Partnership ----------------------------------- WE, the Heads of State/Government
More informationPrincipal Trade Negotiator Ministry of Economy, Trade and Industry Senior Fellow Research Institute of Economy, Trade and Industry October 19, 2011
Trade patterns and global value chains in East Asia: From trade in goods to trade in tasks (IDE-JETRO/WTO joint publication) Michitaka Nakatomi Principal Trade Negotiator Ministry of Economy, Trade and
More informationWhy we have to understand China role? China is a major trading partner of Thailand. China's role in world political and economic stage. China is fast
Why we have to understand China role? China is a major trading partner of Thailand. China's role in world political and economic stage. China is fast developing policies, strategies and goals for new releases.
More informationTowards ASEAN Economic Community 2025!
ISSN 2335-6677 #43 2013 RESEARCHERS AT SINGAPORE S INSTITUTE OF SOUTHEAST ASIAN STUDIES SHARE THEIR UNDERSTANDING OF CURRENT EVENTS Singapore 8 Jul 2013 Towards ASEAN Economic Community 2025! By Sanchita
More informationThe Asia-Pacific as a Strategic Region for the European Union Tallinn University of Technology 15 Sep 2016
The Asia-Pacific as a Strategic Region for the European Union Tallinn University of Technology 15 Sep 2016 By Dr Yeo Lay Hwee Director, EU Centre in Singapore The Horizon 2020 (06-2017) The Asia-Pacific
More informationJAPAN ASEAN RELATIONS
JAPAN ASEAN RELATIONS Rotary Club Jakarta April 16, 2013 Kimihiro Ishikane Ambassador of Japan to ASEAN 1 Table of Contents Japan-ASEAN : Strategic Partners People to People Connectivity Kokoro no tomo
More informationCLMV and the AEC 2015 :
CLMV and the AEC 2015 : The Rising of Continental Southeast Asia and Its Implications to Taiwan Hugh Pei-Hsiu Chen President Taiwan Association of Southeast Asian Studies TASEAS to explore the economic
More informationARANGKADA PHILIPPINES 2010: A BUSINESS PERSPECTIVE. Figure 10: Share in world GDP,
Living in the High Growth Neighborhood The Philippines is located in the world s fastest growing region. Figure 10 shows that the ASEAN-6 plus 4 (China, India, Japan, and Korea) in 2009 had about the same
More informationImpact of Japan s ODA Loan on Asian Economic Developments
Impact of Japan s ODA Loan on Asian Economic Developments Ken-ichi RIETI/MoFA, Japan June 2001 4th GTAP Annual Conference Table of Contents Japanese Official Development Assistance (ODA) Aid Philosophy
More informationASEAN Community: ASEAN Political Security Community Public Seminar ASEAN: My Choice, My Future
ASEAN Community: ASEAN Political Security Community Public Seminar ASEAN: My Choice, My Future 12 th December 2015 1. Background ASEAN: founded on 8 August 1967 by 5 countries ( Indonesia, Malaysia, Philippines,
More informationTHAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement
THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement March 2016 Contents 1. Objectives of the Engagement 2. Systematic Country Diagnostic (SCD) 3. Country Context 4. Growth Story 5. Poverty Story 6.
More informationCambodia Industrial Development Policy
Council for the Development of Cambodia Cambodia Industrial Development Policy 2015-2025 By SOK Chenda Sophea Minister attached to the Prime Minister Secretary General of the Council for the Development
More informationIndonesia s Chairmanship of ASEAN 2011 and Future Relations of ASEAN-Australia
Indonesia s Chairmanship of ASEAN 2011 and Future Relations of ASEAN-Australia Monash Asia Institute, Monash University H. E. Ngurah Swajaya Ambassador/ Permanent Representative of the Republic of Indonesia
More informationThe Nanning-Singapore Economic Corridor:
The Nanning-Singapore Economic Corridor: Challenges for China and ASEAN John WONG* To compete for GDP growth, many provinces and loccalities in China are developing their own going out strategies. Yunnan
More informationFree Trade Vision for East Asia
CEAC Commentary introduces outstanding news analyses and noteworthy opinions in Japan, but it does not represent the views of CEAC as an institution. April 28, 2005 Free Trade Vision for East Asia By MATSUDA
More informationKeynote Speech by H.E. Le Luong Minh Secretary-General of ASEAN at the ASEAN Insights Conference 11 September 2014, London
Keynote Speech by H.E. Le Luong Minh Secretary-General of ASEAN at the ASEAN Insights Conference 11 September 2014, London Mr Michael Lawrence, Chief Executive, Asia House Excellencies, Distinguished Guests,
More informationJapan-ASEAN Relations --- Post February, 2016 Yukiko Okano Chargé d affaires, Minister-Counsellor Mission of Japan to ASEAN
Japan-ASEAN Relations --- Post 2015 17 February, 2016 Yukiko Okano Chargé d affaires, Minister-Counsellor Mission of Japan to ASEAN Outline 1. Japan-ASEAN Relations 2. Japan s Support to ASEAN Community
More informationCurrent Development Cooperation (DC) in the ASEAN Region
Current Development Cooperation (DC) in the ASEAN Region Dinur Krismasari Senior Representative, JICA Indonesia Session on New Forms of Development Cooperation and Their Potential for the ASEAN Region;
More informationASEAN ECONOMIC BULLETIN January 2016
ASEAN ECONOMIC BULLETIN January 2016 HIGHLIGHTS Although 2016 started with heightened global uncertainty, it could be a better year for ASEAN s economy, equivalent to the world s 7 th largest. The IMF
More informationChapter 5: Internationalization & Industrialization
Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization... 1 5.1 THEORY OF INVESTMENT... 4 5.2 AN OPEN ECONOMY: IMPORT-EXPORT-LED GROWTH MODEL... 6 5.3 FOREIGN
More informationUNDERSTANDING TRADE, DEVELOPMENT, AND POVERTY REDUCTION
` UNDERSTANDING TRADE, DEVELOPMENT, AND POVERTY REDUCTION ECONOMIC INSTITUTE of CAMBODIA What Does This Handbook Talk About? Introduction Defining Trade Defining Development Defining Poverty Reduction
More informationSoutheast Asian Economic Outlook With Perspectives on China and India, 2013
Southeast Asian Economic Outlook With Perspectives on China and India, 2013 October 2012 I. What is the Outlook? First launched in 2010, the Southeast Asian Economic Outlook: With Perspectives on China
More informationStrengthening Regional Cooperation in East Asia
NIRA East Asian Regional Cooperation Research Group Report Strengthening Regional Cooperation in East Asia Executive Summary Motoshige Itoh President, National Institute for Research Advancement (NIRA)
More informationEconomic Development: Miracle, Crisis and Regionalism
Economic Development: Miracle, Crisis and Regionalism Min Shu School of International Liberal Studies Waseda University 18 Dec 2017 IR of Southeast Asia 1 Outline of the Lecture Southeast Asian economies
More informationSouth-South Cooperation: changes in economic architecture
Forum Kajian Pembangunan Jakarta, Thursday 18 August 2011 South-South Cooperation: changes in economic architecture Peter McCawley SEADI USAID Project, Jakarta Paper prepared in cooperation with Shikha
More informationJETRO Bangkok Newsletter October/November/December 2013 HIGHLIGHTS OF THIS ISSUE
JETRO Bangkok Newsletter October/November/December 2013 Nantawan Building, 16 th Fl., 161 Rajdamri Road Patumwan, Bangkok 10330, Thailand Tel: (66) 0-2253-6441-5 Fax: (66) 0-2253-2020 Web site: http://www.jetro.go.jp/thailand/
More informationJapanese External Policies and the Asian Economic Developments
Japanese External Policies and the Asian Economic Developments Ken-ichi RIETI, Japan June 2002 5th GTAP Annual Conference Table of Contents Economic Developments of Japan and Asia Trends in the Japanese
More informationSECTOR ASSESSMENT (SUMMARY): TRANSPORT 1 Sector Road Map. 1. Sector Performance, Problems, and Opportunities
Greater Mekong Subregion Highway Expansion Phase 2 Project (RRP THA 41682) SECTOR ASSESSMENT (SUMMARY): TRANSPORT 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. The transport sector
More informationEconomic Development in South Korea. Young-Jun Cho Assistant Professor The Academy of Korean Studies
Economic Development in South Korea Young-Jun Cho Assistant Professor The Academy of Korean Studies Maddison Project Angus Maddison (1926-2010) a British economist Compilation of the long-term economic
More informationVIETNAM FOCUS. The Next Growth Story In Asia?
The Next Growth Story In Asia? Vietnam s economic policy has dramatically transformed the nation since 9, spurring fast economic and social development. Consequently, Vietnam s economy took off booming
More informationTurning Trade Opportunities and Challenges into Trade: Implications for ASEAN Countries
Turning Trade Opportunities and Challenges into Trade: Implications for ASEAN Countries Dr. Ponciano Intal, Jr The OECD-WB Global Forum on Globalization, Comparative Advantage and Trade Policy Chengdu,
More informationASEAN and the EU. Political dialogue and security cooperation. Working closely for 40 years. Wednesday, 11 May, :22
Wednesday, 11 May, 2016-14:22 ASEAN and the EU The EU and ASEAN have a dynamic partnership in a number of areas, from political dialogue, cooperation in non-traditional security areas, trade and investment
More informationAsianBondsOnline WEEKLY DEBT HIGHLIGHTS
AsianBondsOnline WEEKLY November 6 Key Developments in Asian Local Currency Markets Japan s real gross domestic product (GDP) growth accelerated to.% quarter-on-quarter in the third quarter (Q) of 6 from.%
More informationEconomics of the Trans- Pacific Partnership (TPP)
Economics of the Trans- Pacific Partnership (TPP) AED/IS 4540 International Commerce and the World Economy Professor Sheldon sheldon.1@osu.edu What is TPP? Trans-Pacific Trade Partnership (TPP), signed
More informationEABER WORKING PAPER SERIES
EAST ASIAN BUREAU OF ECONOMIC RESEARCH EABER WORKING PAPER SERIES PAPER NO.49 GLOBAL FINANCIAL CRISIS: IMPACT ON SINGAPORE AND ASEAN SHANDRE M THANGAVELU CRAWFORD SCHOOL OF ECONOMICS AND GOVERNMENT AND
More informationTRADE POLICY REVIEW OF JAPAN DAY 1 STATEMENT BY AMBASSADOR IHARA. Madam Chair, Fellow Ambassadors, and distinguished representatives,
TRADE POLICY REVIEW OF JAPAN DAY 1 STATEMENT BY AMBASSADOR IHARA Madam Chair, Fellow Ambassadors, and distinguished representatives, Let me begin by expressing my sincere appreciation to Ms. Irene Young,
More informationChina and ASEAN: Together for a Shared Future in the New Era H.E. Mr. HUANG Xilian Ambassador of People's Repubulic of China to ASEAN
China and ASEAN: Together for a Shared Future in the New Era H.E. Mr. HUANG Xilian Ambassador of People's Repubulic of China to ASEAN A New Era for China-ASEAN relations Three aspects of this topic: 1.
More informationThai Economy at the Cross Roads : Opportunities and Challenges
Thai Economy at the Cross Roads : Opportunities and Challenges Nipon Poapongsakorn Thailand Development Research Institute International Conference on ASEAN Integration under the Global Political and Economic
More informationEconomic Relations between Mexico and Japan in the Asia-Pacific Era. June 11, 2015 Hiroyuki Ishige Chairman and CEO
1 Economic Relations between Mexico and Japan in the Asia-Pacific Era June 11, 2015 Hiroyuki Ishige Chairman and CEO MPEA (Mexican Pork Exporters Association) 2 By courtesy of Mexican Pork Exporters Association
More information1. East Asia. <Japan s Efforts>
1. East Asia East Asia consists of a variety of nations: countries such as the Republic of Korea and Singapore, which have attained high economic growth and have already shifted from aid recipients to
More informationPresent by Mr. Manothong VONGSAY Deputy Director General of Investment Promotion Department Ministry of Planning and Investment Seoul, 20 June 2012
Present by Mr. Manothong VONGSAY Deputy Director General of Investment Promotion Department Ministry of Planning and Investment Seoul, 20 June 2012 1. Country snapshot 2. Why invest in Lao PDR 3. New Features
More informationTHE AEC PROGRESS, CHALLENGES AND PROSPECTS
THE AEC PROGRESS, CHALLENGES AND PROSPECTS Siow Yue CHIA Singapore Institute of International Affairs Conference on Future of World Trading System: Asian Perspective ADBI-WTO, Geneva 11-12 March 2013 Drivers
More informationASEAN Integration & ICT Opportunities. Mark Hefner
ASEAN Integration & ICT Opportunities Mark Hefner Contents Some ICT Information ASEAN Introduction AEC Introduction ICT & ASEAN Integration International Business International Trade Rules ASEAN Framework
More informationCambodia During Economic Integration Issues and Challenges
Cambodia During Economic Integration Issues and Challenges February 2007 Neou Seiha EIC Researcher 1 Contents 1. Evolution Cambodian Trade Policy 2. Cambodian Economic Situation during Integration 3. Challenges
More informationTrans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth
Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth Background The Asia-Pacific region is a key driver of global economic growth, representing nearly half of the
More informationMyanmar Private Sector Perspective
Myanmar Private Sector Perspective Zaw Min Win zmwin@mptmail.net.mm Vice President, Union of Myanmar Chambers of Commerce and Industry. Vice President, Myanmar Industries Association. 1. Introduction 1.1.
More informationREGIONAL COOPERATION AND INTEGRATION ANALYSIS. A. Role of Regional Cooperation and Integration in Myanmar s Development
Interim Country Partnership Strategy: Myanmar, 2012 2014 REGIONAL COOPERATION AND INTEGRATION ANALYSIS A. Role of Regional Cooperation and Integration in Myanmar s Development 1. Myanmar is strategically
More informationThe Asian Development Bank. Transportation Infrastructure in Asia and the Pacific
The Transportation Infrastructure in Asia and the Pacific NCSL Legislative Summit July 22-26, 2008 New Orleans, Louisiana Transportation Committee North American Representative Office (ADB) July 2008 1
More informationJapanese Industries in Thailand History of the Advance of Japanese Enterprises and Environmental Issues in Thailand Contents
Japanese Industries in Thailand History of the Advance of Japanese Enterprises and Environmental Issues in Thailand Yu Hashimoto Contents Introduction Body Chapter 1 History of the advance of Japanese
More informationAPPENDIXES. 1: Regional Integration Tables. Table Descriptions. Regional Groupings. Table A1: Trade Share Asia (% of total trade)
1: Regional Integration Tables The statistical appendix is comprised of 10 tables that present selected indicators on economic integration covering the 48 regional members of the n Development Bank (ADB).
More informationJapan-EU EPA: Why Is It Important?
Japan-EU EPA: Why Is It Important? Fukunari Kimura Professor, Faculty of Economics, Keio University, Tokyo Japan and Chief Economist, Economic Research Institute for ASEAN and East Asia (ERIA), Jakarta,
More informationJoint Statement. Japan - Bangladesh Comprehensive Partnership
Joint Statement ON THE OUTCOME OF THE OFFICIAL VISIT OF THE PRIME MINISTER OF THE PEOPLE'S REPUBLIC OF BANGLADESH TO JAPAN Tokyo, 26 May 2014 Japan - Bangladesh Comprehensive Partnership H.E. Sheikh Hasina,
More informationMEGA-REGIONAL FTAS AND CHINA
Multi-year Expert Meeting on Enhancing the Enabling Economic Environment at All Levels in Support of Inclusive and Sustainable Development (2nd session) Towards an enabling multilateral trading system
More informationResumption of activities and projects; and even the start of new initiatives, after the Crisis period, with new factors such as (a) economic recovery
Mekong Subregional Cooperation and Vietnam VDF-Tokyo Conference on the Development of Vietnam (GRIPS) 18 June, 2005 By Masaya SHIRAISHI msap@waseda.jp (Graduate School of Asia Pacific Studies, Waseda University)
More informationAsian Development Bank
Asian Development Bank March 2018 President Takehiko Nakao Azerbaijan ADB Regional Members(48 economies) Uzbekistan Kazakhstan Georgia Armenia Turkmenistan Afghanistan Pakistan Bangladesh Maldives Kyrgyz
More informationCRS Report for Congress
Order Code RS21478 Updated February 23, 2004 CRS Report for Congress Received through the CRS Web Thailand-U.S. Economic Relations: An Overview Wayne M. Morrison Specialist in International Trade and Finance
More informationVietnam s Current Development Policies: An Overview
Vietnam s Current Development Policies: An Overview Still early days Still predominantly rural 90 80 70 60 50 40 30 20 10 0 Rural population (%) Agricultural labor force (%) 1989 1991 1993 1995 1997 1999
More informationChairman s Statement of the 4 th East Asia Summit Cha-am Hua Hin, Thailand, 25 October 2009
Chairman s Statement of the 4 th East Asia Summit Cha-am Hua Hin, Thailand, 25 October 2009 1. The 4 th East Asia Summit (EAS) chaired by H.E. Mr. Abhisit Vejjajiva, Prime Minister of the Kingdom of Thailand,
More informationMYANMAR IN TRANSITION Thailand s business. opportunities in new context.
MYANMAR IN TRANSITION Thailand s business opportunities in new context. REFORMS IN MYANMAR New Constitutio n in 2008 General Elections in 2010 By-elections in 2012 with NLD participation NCA Signing in
More informationYouen Kim Professor Graduate School of International Studies Hanyang University
Youen Kim Professor Graduate School of International Studies Hanyang University 1. What is Regional Integration? 2. The Process of East Asian Regional Integration and the Current Situation 3. Main Issues
More informationGuangxi Zhuang Autonomous Region 2013
Guangxi Zhuang Autonomous Region 2013 By Sophie Lu LUP 011.8-3, Dec. 2013 Guangxi is the country s only area in the west which has a coastline and seaports. This region has the geographic advantage of
More informationJapan, China and South Korea Should Sign an FTA with ASEAN for Broader Cooperation
Introductory Chapter Japan, China and South Korea Should Sign an FTA with ASEAN for Broader Cooperation [Key Points] 1. An effective way to achieve stable economic growth in East Asia is to conclude a
More informationREFERENCE NOTE. No.5/RN/Ref./March/2018 INDIA AND ASEAN
MEMBERS REFERENCE SERVICE LARRDIS LOK SABHA SECRETARIAT NEW DELHI REFERENCE NOTE For the use of Members of Parliament NOT FOR PUBLICATION No.5/RN/Ref./March/2018 INDIA AND ASEAN Prepared by Smt. Neelam
More informationTokyo Strategy 2018 for Mekong-Japan Cooperation
Tokyo Strategy 2018 for Mekong-Japan Cooperation October 9, 2018 The Heads of State/Government of Japan, the Kingdom of Cambodia, the Lao People s Democratic Republic, the Republic of the Union of Myanmar,
More informationINVEST IN VIỆT NAM INVEST IN ASEAN
INVEST IN VIỆT NAM INVEST IN ASEAN ASEAN CONNECTIVITY MINISTRY OF PLANNING AND INVESTMENT http://fia.mpi.gov.vn 1 28 June 2016 Vietnam Family Day ASEAN We are family Viet Nam 95 million people 331.211km2
More informationSeize Opportunities, Shape the Future
JOINT STATEMENT Of the 8 th Cambodia Lao PDR Myanmar Viet Nam Cooperation Summit 26 October 2016, Hanoi Seize Opportunities, Shape the Future 1. We, the Heads of State/Government of the Kingdom of Cambodia,
More informationUPDATE. Asia at the Crossroads: 5 forces transforming Asia-Pacific region Fraser Thompson, AlphaBeta
UPDATE Asia at the Crossroads: 5 forces transforming Asia-Pacific region Fraser Thompson, AlphaBeta Email: fraser.thompson@alphabeta.com Website: www.alphabeta.com 0 9 8 7 6 Million USD 500,000 USD 00,000
More informationFuture Direction of ASEAN Japan and Laos Japan Cooperation H. E. Mr. Takeshi Hikihara, Ambassador of Japan to the Lao PDR 27 January 2017 (Friday)
1 Future Direction of ASEAN Japan and Laos Japan Cooperation H. E. Mr. Takeshi Hikihara, Ambassador of Japan to the Lao PDR 27 January 2017 (Friday) 1. Introduction Sabaidee Pi Mai, a Happy New Year. Following
More informationOverview of ASEAN-Canada Dialogue Relations
Overview of ASEAN-Canada Dialogue Relations 1. The first formal meeting between ASEAN and Canada was held in February 1977. At the Meeting, the Canadian Secretary of State for External Affairs informed
More informationIntroduction. sc=true. 1
Taking Advantage of China s Rebalancing Josef T. Yap 2017 PECC Singapore Conference on APEC s Post 2020 Agenda: Rising Protectionism, Economic Rebalancing and Diversified Growth Panel 1: Session 1: Asia-Pacific
More informationASEAN-CHINA STRATEGIC PARTNERSHIP VISION 2030
ASEAN-CHINA STRATEGIC PARTNERSHIP VISION 2030 We, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN) and the People s Republic of China, gathered on
More informationJoint Declaration on ASEAN-REPUBLIC OF KOREA strategic partnership for peace and prosperity
Joint Declaration on ASEAN-REPUBLIC OF KOREA strategic partnership for peace and prosperity Ha Noi, 29 October 2010 WE, the Heads of State/Government of Member States of the Association of Southeast Asian
More informationCICP Policy Brief No. 8
CICP Policy Briefs are intended to provide a rather in depth analysis of domestic and regional issues relevant to Cambodia. The views of the authors are their own and do not represent the official position
More informationADB s Initiatives for Transport and Trade Facilitation in South Asia and beyond
ADB s Initiatives for Transport and Trade Facilitation in South Asia and beyond Kavita Iyengar India Resident Mission Asian Development Bank July 2016 Disclaimer: In preparing any country program or strategy,
More information3 1-1 GDP GDP growth rate Population size Labor force Labor participation rate Employed population
INDEX Overview: Thailand 2 1 Economy 3 1-1 GDP 3 1-2 GDP growth rate 5 2 Population 6 2-1 Population size 6 3 Labor force and the related statistics 9 3-1 Labor force 10 3-2 Labor participation rate 12
More informationโอกาสและความท าทายของประเทศไทยในอนาคต
โอกาสและความท าทายของประเทศไทยในอนาคต Thailand 22 Apirak Kosayodhin Apirak Kosayodhin Advisor to Prime Minister of Thailand Thailand has significantly changed in the past 2 years Improved quality of life
More informationFEASIBILITY OF INDONESIA-TAIWAN ECONOMIC COOPERATION ARRANGEMENT
FEASIBILITY OF INDONESIA-TAIWAN ECONOMIC COOPERATION ARRANGEMENT By: Adriana Elisabeth Center for Political Studies, the Indonesian Institute of Sciences (P2P LIPI) Taipei, 30 May 2014 Feasibility Study
More informationSummary. November JBIC Institute Japan Bank for International Cooperation. Copyright 2005 JBIC Institute. All Rights Reserved.
Summary Survey Report on Overseas Business Operations by Japanese Manufacturing Companies Results of JBIC FY 25 Survey: Outlook for Japanese Foreign Direct Investment (7th Annual Survey) November 25 JBIC
More informationTHAILAND IN MID-DECADE
THAILAND IN MID-DECADE WILL THE NEXT FIVE YEARS RESTORE POLITICAL STABILITY AND ECONOMIC PROSPERITY? CHRISTOPHER F. BRUTON DATACONSULT LTD. BANGKOK, THAILAND AMARI HOTEL, PHUKET THURSDAY 12 MARCH 2015
More information