What does the globalisation (or regionalisation) of value chains mean for developing countries? What does it mean for Myanmar? And what role do trade agreements play in facilitating this globalisation?
CESD’s presentation on global value chains and preferential trade agreements introduces and explores these two topics, in a presentation delivered at a training workshop on “Regional cooperation and integration” in May 2016.
Two prominent examples of globalizing value chains include the garment and agro-business sectors in Myanmar – two sectors that CESD has a considerable level of research experience in. An overview of the garment value chain in Myanmar is provided in the presentation as an example of a globalizing value chain.
The presentation also proposes potential policy areas for future preferential trade agreements in Myanmar, including:
- review of the existing division of responsibilities for trade negotiations and trade agreements across two different government ministries (the Ministry of Commerce is responsible for agreements concerning the World Trade Organisation, and the Ministry of Planning and Finance for ASEAN agreements)
- reform of customs procedures and requirements
- trade facilitation
- modernization, and possible harmonization, of standards and technical regulations
- targeted commitments on trade in services (eg. tourism and transport services)
- support for foreign direct investment in sectors with potential for regional or global value chain integration
- rules of origin criteria that facilitates market access and regional integration, and doesn’t increase red tape
- requesting aid for trade (eg. technical assistance, infrastructure, investment that supports diversified exports, and adjustment assistance) to help implement trade agreements and mitigate any negative effects.
Presentation name: Global value chains and preferential trade agreements
Presenter: Thomas Bernhardt
Supported by: United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), ARTNeT, and the Research and Information System for Developing Countries (RIS)
Publication date: 11 May 2016
Download the presentation from the following link:
- Presentation: Global value chains and preferential trade agreements (PDF; 44 slides; English language; 1,094 Kb)
Read more about CESD’s extensive research work in two sectors with prominent globilizing value chains:
CESD’s presentation, “Global value chains and preferential trade agreements”, was delivered at a training workshop on “Regional cooperation and integration”. Eight other presentations from that workshop, including presentations from UNESCAP, Jadavpur University, The World Bank, and Research and Information System for Developing Countries (RIS), are available from the UNESCAP website, http://www.unescap.org/events/capacity-building-workshop-regional-cooperation-and-integration-myanmar.