TPP

East Asia and Regionalism

East Asia and Regionalism

  Trans-pacific Partnership (TPP) is a Free Trade Agreement (FTA) among 12 countries, namely the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru. The presence of giant economies like the US and Japan in TPP raise the trade grouping’s stature. The TPP would constitute 40 percent of Gross Domestic […]

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US tilt towards Asia Pacific

US tilt towards Asia Pacific

Asia Pacific’s strategic significance coupled with the region’s economic progress has raised the region’s stature for regional as well as global players. Hillary Clinton at the East West Centre, Honolulu described the pivot strategy as: “It is becoming increasingly clear that in the 21st century, the world’s strategic and economic centre of gravity will be […]

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Global Trade and geo-politics

Global Trade and geo-politics

The former Director General of the WTO, Pascal Lamy, suggested to an audience in Melbourne in November 2012 that the ‘rising weight of influence of emerging economies has shifted the balance of power’ in the global trading system, and that there has been a ‘redistribution of the geopolitical deck of cards on a global scale’. […]

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