×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

GS-II :
  • 15 October, 2019

  • Min Read

Asia-Pacific Trade Investment report,2019 by UNESCAP

About Asia-Pacific Trade and Investment Report (APTIR):

  • The Asia-Pacific Trade and Investment Report (APTIR) is a recurrent publication prepared by the Trade, Investment and Innovation Division of the United Nations Economic and Social Commission for Asia and the Pacific.
  • It provides information on and independent analyses of trends and developments in:

(a) intra- and inter-regional trade in goods and services;

(b) foreign direct investment;

(c) trade facilitation measures;

(d) trade policy measures; and

(e) preferential trade policies and agreements.

  • The report offers insights into the impacts of these recent and emerging developments on countries’ abilities to meet the challenges of achieving inclusive and sustainable development.
  • The Asia-Pacific Trade and Investment Report (APTIR) is a biennial publication.

2019 Theme:

The theme of APTIR 2019 is Navigating Non-tariff Measures (NTMs) towards Sustainable Development.

What is Non trade Measures ?

NTMs include technical measures such as sanitary (for protection of human and animal health), and phytosanitary (for protection of plant health), or SPS, and Technical Barriers to Trade (TBT), which are related to environmental and sustainable standards that are set to block or slow down trade instead of regular tariffs or duties.

About Non Tariff Measures (NTMs):

  • Non-tariff measures (NTMs) have increased in the past two decades and are affecting trade as well sustainable development goals (SDGs) in Asian countries.
  • NTMs affect 58 per cent of the trade in Asia-Pacific.
  • NTMs can have a direct impact on the performance of trading partners. They can also impact issues such as health, safety, environment, climate, public security and peace, which in turn, influence SDGs.
  • Around half the Asia-Pacific’s economies have at least one NTM addressing water and energy efficiency and only 10 per cent have measures addressing illegal, unreported and unregulated (IUU) fishing and illegal timber trade.

Source: The Hindu


Kirit Parikh Gas Pricing Panel

Kirit Parikh Gas Pricing Panel The government recently appointed a Kirit Parikh committee to review the gas pricing formula. The committee's major recommendations: Maximum cost: A fixed pricing band for gas from old fields, known as APM (Administrative Price Mechanism) gas, is required. These fields produce two-thirds of the co

G20 Presidency of India as a Watershed Moment

G20 Presidency of India as a Watershed Moment On December 1, 2022, India will formally assume the G-20 presidency. India will hold the presidency until November 30th, 2023. According to the Prime Minister, India's theme is "One Earth, One Family, One Future." More on the news: Agenda: The Prime Minister described

Women’s Representation in the Courts

Women’s Representation in the Courts It was only the third time in the Supreme Court's history that a bench comprised entirely of female justices heard cases. More on the news: Apex Court's all-woman bench: Chief Justice of India D Y Chandrachud has appointed Justices Hima Kohli and Bela M Trivedi to the bench. The Supre

Rare Earth Elements

Rare Earth Elements The Confederation of Indian Industry (CII) has urged the government to encourage private mining in the sector and diversify supply sources in light of India's reliance on China for rare earth minerals imports. Despite having 6% of the world's rare earth reserves, India produces only 1% of global output and import

Rooftop Solar Installations

Rooftop Solar Installations According to Mercom Research India, rooftop solar capacity installations in India fell 29% to 320 megawatts (MW) in July-September 2022. What are the Results? Cumulative Installations: As of the end of the third quarter of 2022, cumulative rooftop solar (RTS) installations stood at 8.3 GW. Gujarat overtook

Toppers

Search By Date

Newsletter Subscription
SMS Alerts