Abstract

Free trade and investment are deemed to be beneficial and so are, in terms of content, free trade and investment agreements. In Asia the number of these agreements is growing. The article explains how free trade and investment agreements in Asia are supposed to work, but why effectively they do not, namely because their sheer number misses the market and having to plough through them causes a waste of resources and opportunities. The article concludes with suggesting the lengthy and arduous but worthwhile effort necessary in order to revert to the underlying idea of every free trade and investment agreement.

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