In the modern conditions almost all the world states pay an increasing attention to the complicated processes of trade integration. Trade relations between the Asia-Pacific region countries, which account for more than half of the world GDP and trade, remain the most complex in this regard. Since the end of XX and the beginning of XXI century a number of states(USA, China, Japan, ASEAN countries) have been promoting the regional integration initiatives. The article deals with the provisions of agreements on the establishment of free trade zones in the Asia-Pacific region (The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership and the Free Trade Area of Asia-Pacific) related to the trade integration. The provisions of The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership are the most elaborate. The mutual trade indicators analysis of the associations’ member countries was provided. The participants of the Regional Comprehensive Economic Partnership and the Free Trade Area of the Asia-Pacific have significant volumes of mutual trade, as well as the largest market. As a result of the analysis of the agreements’ provisions and trade and economic indicators, some conclusions about the prospects of deepening trade integration within the Asia-Pacific integration groups were considered. The results can be used to assess the advantages and disadvantages of the regional integration processes development. In addition, a number of proposals were made to correct the identified “weak” points that can slow down trade integration within The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership.
Томилов М. В
Институт экономических исследований ДВО РАН
