Trade strategies of the TPP-11 countries: Asian regionalism in turbulent times

• Main Author: HSIEH, Pasha L.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: International Law; Transnational Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/2537; https://ink.library.smu.edu.sg/context/sol_research/article/4495/viewcontent/What_next_after_the_US_withdrawal_from_the_TPP__What_are_the_options_for_trade_relations_in_the_Pacific_and_what_will_be_the_impact_on_the_EU_.pdf
• Institution: Singapore Management University

The US withdrawal from the Trans-Pacific Pacific Partnership (TPP) in January 2017 hasprompted the remaining countries to pursue alternative trade strategies. Australia andJapan have pushed for effectuating the TPP without US participation. The currentefforts focus on seeking consensus on the scope of suspensions over the originalagreement. The TPP-11 countries expect to reach an agreement in principle during theAsia-Pacific Economic Cooperation meeting in November 2017. Critical factors that willinfluence the TPP also include negotiations for the 16-country RegionalComprehensive Economic Partnership and China’s new trade initiatives. Hence, EUpolicy on trade and investment agreements with the Asia-Pacific ought to consider thechanging dynamics of Asian regionalism.