The TA will also deliver the following solutions and outputs: (i) Knowledge products with regional and country level policy recommendations delivered (ii) Database on trade agreements with dashboard and visualization established and (iii) Capacity building activities with public and private RTAs stakeholders delivered. The proposed recommendations and database will support (i) further knowledge, such as flagship reports and other databases, and (ii) ADB's operational work, such as identification of regional public goods and subsequent investment projects, beyond the implementation period of the KSTA. This will be done through elaboration and dissemination of at least three high-quality studies to promote understanding, policy dialogue (among governments, private sector, civil society, ASEAN and ASEAN+3 Secretariat, multilateral organizations, and ADB-supported subregional cooperation programs such as the Greater Mekong Subregion Economic Cooperation Program), and raise capacity of policy makers to maximize RTA net benefits and manage costs. The TA will have the following outcome: Increased knowledge and awarenessamong RTAs stakeholders (policy makers, government, private sector, civil society, and the public) of trade and investment effects of mega-RTAs such as RCEP and CPTPP (with other RTAs). The TA is aligned with the following impact: Improved implementation of trade agreements in participating ADB regional members. These will support policy advice and capacity development of developing member countries (DMCs). These include market access aspects of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) such as tariff commitments, rules of origin, services trade liberalization, trade facilitation, e-commerce, nontariff measures, technical barriers to trade, and investment to improve understanding of their economic impact among policy makers, academics, the private sector, and civil society.
This knowledge and support technical assistance (TA) will support development of a database on regional trade agreement (RTA) tariff commitments and several studies on the economic effects of mega-RTAs, the factors driving their successful implementation, and key policies to fully realize their economic benefits. Regional Cooperation and Integration Fund TA 6740-REG: Raising the Value of Regional Trade AgreementsKey Factors for Successful Implementation and Positive Economic Impact Raising the Value of Regional Trade Agreements-Key Factors for Successful Implementation and Positive Economic Impact
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