Evaluating the impact of non-tariff measures on trade and investment in Asia and the Pacific
- Author: United Nations
- Main Title: Asia-Pacific Trade and Investment Report 2019 , pp 37-59
- Publication Date: November 2019
- DOI: https://doi.org/10.18356/b61eb80a-en
- Language: English
The previous chapters introduced NTMs, outlined trends in the Asia-Pacific region and explored the links between NTMs and SDGs. As noted, NTMs often serve legitimate and necessary purposes, such as protection of human, animal and plant health, and the environment. Indeed, not having NTMs in place, or their poor enforcement, may in some cases have devastating effects on trade and sustainable development (box 2.1). At the same time, however, NTMs do add costs to trade. In this context, this chapter examines the effects of NTMs on trade and present estimates of costs associated with NTMs. The chapter also discusses the effects of NTMs on foreign direct investment (FDI), using sectoral case studies. Finally, a regional analysis of national private sector surveys conducted in selected Asian countries provides insights on how much – and how – various NTMs affect those engaging in international trade.
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