As more and more Australian engineering developments take place in the East Asia region, common regional standards are highly desirable but are they feasible? This paper discusses the feasibility of establishing common regional standards. It argues that this is only feasible if (i), there is a genuine need for the standard and (ii), the proposed standard is a framework performance standard. Such standards will be useful as a technology transfer vehicle for new technology not yet established in the region and therefore have a better chance of success. It will also facilitate the trading of structural products in the region as the standard can serve as common means of technical communication. Judged by these criteria, a common regional standard for cold-formed steel framing is achievable.