Trade Regionalism in the Asia-Pacific : Developments and Future Challenges

✍ Scribed by Sanchita Basu Das; Masahiro Kawai; ISEAS-Yusof Ishak Institute Staff

Publisher: ISEAS - Yusof Ishak Institute
Year: 2016
Tongue: English
Leaves: 381
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement - the ASEAN FTA - was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Economic Partnership (TPP), supporting U.S. foreign policy of "Pivot to Asia," was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific.

✦ Subjects

Regionalism-Asia. ; Regionalism-Pacific Area. ; Asia-Economic integration. ; Pacific Area-Economic integration. ; Asia-Commercial treaties. ; Pacific Area-Commercial treaties.; BUS069020; NON000000; NON000000

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