Future of INDIA needs Good Governance and Right to Information,

$10,000b 16-nation Asian FTZ

Posted by egovindia on August 5, 2006

$10,000b 16-nation Asian FTZ  


Japan is proposing 16 nation FTZ that shall have $10 trillion GDP and we ought to prepare ourselves to serve this huge market by developing new products and markets.


Any one will be able to sell its products to 3.1b population at minimum tariff levels. The purchasing power of this FTZ is 15 times than India in terms of GDP but in terms of disposable income 20 times.


People should impress upon the UPA government to put money behind high-tech innovating companies than wasting resources after Crooks led companies.


People should empower Qualified and Dedicated and honest leaders.


Ravinder Singh


Tokyo, Aug 02: Japan’s trade minister will propose forming a 16-nation East Asian Free Trade Zone, including India, that covers half the world’s population and a quarter of its gross domestic product at an upcoming regional forum, an official said.

Economy, trade and industry Minister Toshihiro Nikai will call for a pan-Asian FTA – involving India, Australia, China, Korea, Japan and New Zealand, along with the 10 members of the Association of Southeast Asian nations – at an Asean ministerial gathering in Kuala Lumpur later this month, according to ministry official Hideyasu Tamura.

The proposed free trade area has a combined population of 3.1 billion people and combined gross domestic product of almost USD 10 trillion, or almost half of the world’s population and a quarter of its GDP.

That’s more people than the European Union and the North American Free Trade Agreement nations combined, and almost matches the United States’ GDP of USD 12.5 trillion.

The figures are based on UN and World Bank statistics for 2005. GDP measures the value of all goods and services produced within a country.

Japanese officials have said they hope the initiative will help stimulate trade, as well as enhance Japan’s presence in the region.

Tokyo hopes to dilute the influence of china, which earlier suggested a more limited trade zone excluding India, Australia and New Zealand.

“The participation of democracies like India and Australia would enable the region to forge more open economic partnerships,” Tamura said.

 Bureau Report


One Response to “$10,000b 16-nation Asian FTZ”

  1. Dear Sir,
    Corruption and mismanagement of our public money, land, property and systems, services is common problem faced by every Indian. We all are trying to establish effective transparent system. We all are wishing for ultimate universal balance growth.
    It is possible, we all positive intellectuals join with common mission of restructuring our public administrative system and fight corruption.
    We Indian, at Surat,Gujarat formed Gujarat vichar manch, we train citizens, we help them to utilize RTI, we help to make PIL, and we are fighting for every individual’s problem sincerely.
    Gujarat vichar manch is a unique platform to meet, think and act intellectually. For common mission of ultimate universal balanced growth. Email us to Register complain of every Gujarat and central government, cooperative society, trusts,boards and any corruption and corrupted officer and public servant
    Write article to us-
    On how to fight corruption
    Suggest us –
    Restructuring of effective system
    Donate us –
    To grow and help us to fight corruption without corruption
    Spare and invest your time-
    To serve nation as volunteers in your area
    Regular Meeting of Gujarat vichar manch held every Sunday at 4 pm at- goverdhan wadi, opp pratik arcade, bhagatalav, nanavat. Surat, Gujarat, India.395008.
    President-,Shri pradip bhai deputy,M-9327002514.
    Vice president-,Shri vithalbhai Patel,M-09825378177
    For getting RTI-help & to disclose corruption cases
    inform us on09228484459.Lagerhonatubhai, And Bhupendra shah09427473908

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: