GlobalValueChaininEastAsia.pptVIP

“Global Value Chain” in East Asia Michitaka Nakatomi President Japan External Trade Organization(JETRO) * Implications of WTO/IDE study Issues of global value chains and vertical specialization highlighted Diversity and complementarities of production networks cause fragmented value chains The concept of country of origin is becoming increasingly difficult to apply Importance of lowering trade barriers A new trade regime is needed, as firms go beyond national boundaries * The regime should include: Wider regional coverage Universality Elimination of trade barriers Freer movement of goods, ser