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July 2010 ADB Identifies 233 FTAs in Asia and the Pacific (July 2010)The spread of regional and bilateral free trade agreements (FTAs) in the Asia and Pacific region continues to gain momentum. From 54 FTAs in 2000, the Asian Development Bank (ADB) has identified 233 bilateral and plurilateral FTAs as of July 2010. Of these, 90 are in effect, 25 are signed, 63 are under negotiation, and 55 are in the proposal stage. Follow the FTA Trends.
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23 February 2010 Philippine Banks Sign First Trade Finance Agreements under ADB's TFFPMANILA, PHILIPPINES - Five Philippine banks today signed the country's first trade finance agreements with the Asian Development Bank (ADB), a move that will provide more support to Philippine companies engaged in international trade.
To address the dearth of trade finance, ADB's $1 billion Trade Finance Facilitation Program (TFFP) provides loans and guarantees through, and in conjunction with, international banks and ADB's developing member country banks to support trade transactions in developing nations. Last year, around 55% of the TFFP's portfolio supported international trade conducted by small- and medium-sized enterprises. Read more.
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January 2010 ADB Identifies 221 FTAs in Asia and the PacificThe spread of regional and bilateral free trade agreements (FTAs) in the Asia and Pacific region continues to gain momentum. From 54 FTAs in 2000, the Asian Development Bank (ADB) has identified 221 bilateral and plurilateral FTAs as of January 2010. Of these, 88 are in effect, 24 are signed, 60 are under negotiation, and 49 are in the proposal stage. Follow FTA Trends at the ARIC website. |
October 2009 ADB Officials in Central Asia to Promote Trade Finance ProgramPrivate sector officials from the Asian Development Bank (ADB) today completed a visit to Azerbaijan, Mongolia and Uzbekistan as part of ADB's push to expand its Trade Finance Facilitation Program (TFFP) throughout Central Asia. ADB's $1 billion TFFP provides finance and guarantees through, and in conjunction with, international and developing member country banks to support trade in developing countries. Emerging market companies have long found it difficult to access the credit they need for critical exports and imports. In many countries, this has held back development of new industries as well as overall economic growth. |
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The increasing number of trade agreements ?bilateral, regional, and multilateral ?creates major opportunities for developing countries in the Asia and the Pacific to better participate in the international trading system and thus accrue the benefits of globalization. Some countries especially in East Asia have reaped the benefits of globalization adopting outward-oriented development strategies and investing in infrastructure. But others ?particularly the least-developed countries (LDCs) and small states ?lack the productive capacity and infrastructure needed to take advantage of open markets and to connect with the global economy. These 22 LDCs and small states are spread across all the sub- regions of the Asia and the Pacific. |
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Latest Events: |
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Third Global Aid for Trade Review 18-19 July 2011, Geneva
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Regional Meeting on Aid for Trade for Asia and the Pacific. Aid for Trade Initiative - The Asia-Pacific Experience 14 June 2011, Jakarta, Indonesia
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Second Global Review on Aid for Trade: 6-7 July 2009, Geneva
- Agenda
- ADB President's Speech |
- ADB Press Release (6 July 2009)
- WTO-ADB Joint Press Release (29 June 2009)
- ADB Report to the Second Global Aid for Trade Review (July 2009)
- Aid for Trade at a Glance 2009: Maintaining Momentum
- OECD-WTO Questionnaire on Aid for Trade: Responses from ADB
- Partner institutions discuss Aid for Trade (30 June 2009)
- Session 6: Aid for Trade Regional Implementation: The Greater Mekong Subregional Experience (7 July 2009)
- Moderator: Ganeshan Wignaraja, Principal Economist, Office of Regional Economic Integration, Asian Development Bank
- Cham Prasidh, Senior Minister and Minister of Commerce, Kingdom of Cambodia
- Arjun Goswami, Head of Regional Cooperation Integration Group, South East Asia Department, Asian Development Bank, Manila
- Oudet Souvannavong, Secretary General, GMS-BF Secretariat, Laos PDR
- Arin Jira, Chairman, ASEAN Business Advisory Council
- Go Shimada, Director, Trade, Investment and Tourism Division, Industrial Development Department, JICA
- Li Guangling, Deputy Director-General, Ministry of Communication, People's Republic of China
- Phillippe Allen, Minister-Counsellor, Australian Agency for International Development
- Herv?Gallepe, Manager, Commercial Capacity Development Programme, Agence Française de Développement
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Regional Meeting on Aid for Trade for Asia and the Pacific. Global Financial Crisis, Export-Led Growth and Aid for Trade: Focus on the ASEAN Experience 28?9 May 2009, Siem Reap, Cambodia
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Mobilizing Aid-for-Trade: Focus Asia and the Pacific 19-20 September 2007, ADB Headquarters, Philippines
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What's New |
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Speeches |
Third Global Aid for Trade Review: 18-19 July 2011, Geneva |
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Haruhiko Kuroda President, Asian Development Bank |
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Regional Meeting on Aid for Trade: 14 June 2011, Jakarta, Indonesia |
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Haruhiko Kuroda President, Asian Development Bank |
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Second Global Aid for Trade Review: 6 July 2009, Geneva |
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Haruhiko Kuroda President, Asian Development Bank |
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Regional Meeting on Aid for Trade: 28-29 May 2009, Siem Reap, Cambodia |
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Haruhiko Kuroda President, Asian Development Bank |
Opening Session |
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Pascal Lamy Director General, World Trade Organization |
Opening Session |
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Cham Prasidh Senior Minister and Minister of Ministry of Commerce, Cambodia |
Opening Session |
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Mobilizing Aid-for-Trade Focus Asia and the Pacific: 18-20 September 2007, ADB Headquarters |
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Reports |
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Aid for Trade in the Asia-Pacific: Driving Private Sector Participation in Global Value Chains (July 2013)
This report is based on the discussions held during RTG meetings in Seoul (May 2012) and Tokyo (March 2013), as well as further discussions with Asian delegates and in the Committee on Trade and Development of the World Trade Orgranization (WTO) in Geneva in June 2013. View document
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Aid for Trade in the Asia-Pacific: Its Role in Trade-Driven Growth, Report from the Co-Chairs of the Regional Technical Group (RTG) on Aid for Trade for the Asia-Pacific (July 2011)
This first RTG Co-chairs report-Aid for Trade in the Asia¨CPacific: Its Role in Trade-Driven Growth-takes stock of the Asia¨CPacific experience and identifies the way forward for the WTO Aid for Trade Initiative in the region. Aid for Trade offers the opportunity to close the gap between the "two faces of Asia". View document
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ADB Report to the Second Global Aid for Trade Review (July 2009)
This report provides an update on Aid for Trade initiatives in the Asia Pacific, highlighting the ongoing and evolving need for trade support to help the region overcome the global crisis and to bring lagging nations up to speed. View document
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Mobilizing Aid-for-Trade Focus Asia and the Pacific Report and Recommendations (November 2007) View document
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Mobilizing Aid-for-Trade Focus Asia and the Pacific Conference Proceedings (November 2007) View document
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Aid for Trade: How ADB can help (September 2007)View the brochure
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