CONCEPT PAPER IMPACT OF FREE TRADE ZONES ON NIGERIA’S COASTAL STATES: CALABAR FREE TRADE ZONE AS A CASE STUDY This paper will explore the impact of Calabar free trade zone on the Cross River State environment. The study will attempt to unravel whether the free trade zone is able to fulfill the goal of its establishment such as attract direct foreign investment ; grow the economy of the state; create employment oppurtunities;accelerate the development of other sub sectors in the state amongst
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ASEAN is the premier regional organisation in Southeast Asia. First describe the evolution of ASEAN as an organization since its inception in 1967. Has ASEAN been a meaningful actor in the management of regional security and economic relations? Argue with specific examples. The Association of South East Asian Nation (ASEAN) is an organization founded on the principles of maintaining harmony within the region. Since it’s inception in 1967‚ it has persevered in upholding and sustaining regional security
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Pannasastra University of Cambodia Subject: ASEAN Governments‚ Politics & Economics Room: Wat Phnom Commitment to Excellence 2012 – 2013 Prof. Chea Thireak Submitted by Ly Sorith ID: 29405 Term Paper ------------------------------------------------- Benefits of Cambodia joining ASEAN The Benefits of Cambodia joining ASEAN The Association of South East Asian Nations or ASEAN was founded on August 8‚ 1967 to promote regional‚ political and economic corporation for
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China (Shanghai) Pilot Free-Trade Zone is a free-trade zone launched in Shanghai‚ China on September 29‚ 2013. It is reported that there will be revolutions in finance‚ social service‚ cultural service‚ shipping and professional business services. There are several characteristics of this FTZ (Free-Trade Zone). Firstly‚ this FTZ focuses on function innovation and this is different from other bonded areas in China which focus on special policies. Secondly‚ this FTZ is different from the Singapore
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Summary from the article – Electronic in ASEAN Several factors make electronics a leading industry in South East Asia: 1. Possibilities of application – greatly impact the growth of economy and society of one particular country 2. The drop in the prices of important hardware Electronic industry is divided into two main category: industrial electronics and consumer electronics. Industrial electronics: 1. Servers 2. Telecommunications 3. Robots Consumer electronics:
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Shanghai Free Trade Zone(SFTZ) officially known as the China (Shanghai) Pilot Free-Trade Zone was officially launched on September 29‚2013. With the backing of Chinese Premier Li Ke Qiang‚ Mainland China formed its first ever free trade zone. Personally‚ I feel that the establishment of the SFTZ is a stepping stone for China to boost their economy as well as creating more innovative and realistic systems to maintain its country’s competitiveness. SFTZ is a necessity for China to boost global cooperation
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a. Fixed Line b. Cellular Telecommunications II. Service Industry Influence to economic Growth An economic growth in Indonesia contain several of main sector‚ first agriculture (16‚8%)‚ services (2.1%)‚ financing (1%)‚ trade and tourism (0‚9%) and electricity (0‚6%). Service industry can give composition of national income for the period 1997-2007 20%-22%‚ tradable sector 30%-31% and tax 40%-45%. III. Growth and influences to the National Vocations
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What is ASEAN Summit? ASEAN Summit is an annual meeting held by the member of the Association of Southeast Asian Nations (ASEAN) in relation to economic‚ and cultural development of Southeast Asian countries. The league of ASEAN is currently connected with other countries who aimed to participate on the missions and visions of the league. Apparently‚ the league is conducting an annual meetings with other countries in an organization collectively known as the ASEAN dialogue partners. ASEAN +3 adds
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including the General Agreement on Tariffs and Trade (GATT)‚ succeeded in 1995 by the World Trade Organization (WTO)‚ International Monetary Fund (IMF)‚ World Bank have played an important role in promoting free trade in place of protectionism. The General Agreement on Tariffs and Trade (GATT) was a multilateral agreement regulating international trade. According to its preamble‚ its purpose was the substantial reduction of tariffs and other trade barriers and the elimination of preferences‚ on
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where they agree to reduce or abolish tariffs and taxes on inter-country trading. While this might seem like a good idea on the surface‚ there are some significant disadvantages for countries joining trading blocs‚ which are also sometimes known as Free Trade Agreements. It�s been long believed by economists and some scholars that the disadvantages of trading blocs outweigh the advantages. Perhaps the main disadvantage of a trading bloc is that it can actually harm economic welfare. Here is
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