International Trade

8 February 2016

Anguish, Opportunity and Trade Agreements

At the last Asia Pacific Economic Cooperation (APEC) Summit in November 2015, the United States and China advanced their own set of interests with respect to trade agreements in the Asia-Pacific region. While the United States celebrated the conclusion of...

27 November 2015

Why are Mexico and Japan’s Economic Zones Special?

On 29 September, President Enrique Peña Nieto formally launched an initiative he had first announced in November 2014 to create, for the first time in Mexico, three special economic zones (SEZs) in the country’s poorest states. The next day, Peña...

20 November 2015

Is the U.S. Complicating TPP Ratification?

Alongside this week’s APEC leaders’ summit in Manila, US President Obama met counterparts and trade ministers from 11 other Asia-Pacific states that agreed in October to the expanded Trans-Pacific Partnership (TPP). These states, covering around 40% of world GDP, cannot...

19 November 2015

Down on the Japanese Farm with the TPP

The issue of liberalising Japan’s agricultural market presented a major, if not the major hurdle to the Abe administration’s agreement with the Trans-Pacific Partnership (TPP) deal struck in Atlanta on 5 October 2015. Japan has agreed to abolish tariffs on...

12 November 2015

Taking a Country to Court

The ink is dry and the full text of the major trade deal between the US and 11 Pacific Rim countries, the Trans-Pacific Partnership or TPP, is available to the public. And it contains plenty of lessons that can be...

11 November 2015

Should Trade Agreements Address Climate Change?

This month’s long-awaited release of the Trans-Pacific Partnership (TPP) text was the result of years of negotiations on trade ties between nations around the Pacific Rim. Some six weeks earlier, another set of deliberations came to an end as the...

29 October 2015

Which Trade Scenario Has the Most Potential to Succeed?

While the U.S.-led Trans-Pacific Partnership has potential to split Asia Pacific, it could be a foundation for truly free trade, along with other free trade plans in the region. While the U.S.-led Trans-Pacific Partnership has potential to split Asia Pacific,...

29 October 2015

Still a Long Way to Go for the TPP

After more than five years of missed deadlines, trade ministers from the 12 participating Asia-Pacific countries that met in Atlanta finally concluded the negotiations surrounding the Trans-Pacific Partnership (TPP) on 5 October 2015. So is the TPP settled? The short...

19 October 2015

TPP? Meet the Republicans

In a surprising development, US congressional Republicans and a few of their business allies now pose the biggest threat to the Trans-Pacific Partnership (TPP). With the announcement of the agreement on 5 October, there was no support from a single...

19 October 2015

TPP Winners and Losers

After five years of struggle, the United States, Japan and 10 other economies in Asia and Latin America signed a massive trade pact: the Trans-Pacific Partnership (TPP). The winners are obvious: US President Barack Obama and Japanese Prime Minister Shinzo...

15 October 2015

Moving ChAFTA Forward with Worker Safeguards

Labor’s proposals designed to “safeguard” Australian workers under the China-Australia Free Trade Agreement (ChAFTA) are a step in the right direction and are likely to break the impasse that has prevented the trade agreement passing through the Senate. In essence,...

9 October 2015

Achieving the ‘Asian Century’

The recent Trans-Pacific Partnership agreement presents Asia with good, bad and ugly scenarios. Had the TPP failed, that would have been a severe blow to the credibility of the United States in Asia. Yet, it excludes Asia’s largest economies –...