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This report is based on IGES initiated research to assess embodied emissions in international trade, with particular focus on Asian countries. Part I, conducted by the Economic Analysis Team of IGES, focuses on the assessment of emissions embodied in multilateral trade in Asian countries and different responsibility principles for the generation of national green house gas inventories. Part II, conducted by the Kansai Research Centre of IGES, focuses on the analysis of emissions embodied in the bilateral trade between Japan and China.