The Trans-Pacific Partnership Agreement (TPP), which was signed on October 5, 2015, in Atlanta, Georgia, may significantly benefit Vietnam. Designed to stimulate trading among its 12 members—Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam—the TPP creates a number of opportunities for Vietnam’s small but rapidly growing export-oriented economy. To realize the gains, however, Vietnam needs to develop a yarn and an apparel industry, use the TPP’s phase-in for tightened drug standards to upgrade its pharmaceutical production, and make the best use of future foreign investments.
The Trans-Pacific Partnership (TPP) provides new market access in traditional trading areas, generates greater certainty for U.S. exporters to emerging markets, and builds competitiveness in the innovation economy. Although the TPP is far from perfect, it will help U.S. businesses compete and prosper in new markets and will consolidate U.S. rebalancing to Asia. These gains will all depend on whether the agreement is ratified by the United States through approval by Congress and by other countries through their own procedures.
Few if any international security threats are consuming the world’s attention as much as the Islamic State terror group, or ISIS. What is the true nature of this threat, and particularly beyond its strongholds in Syria and Iraq? What threat does the group pose in neighboring countries and other key regions, and particularly South Asia?
Growing security rivalry between China on the one hand and the United States and Japan on the other has not shaken economic engagement between Beijing, Tokyo, and Washington. But how can regional economic integration and an enhancement of U.S.-Japan military cooperation move forward?
Contested Memories and Reconciliation Challenges: Japan and the Asia-Pacific on the 70th Anniversary of the End of World War IIJul 09, 2015
The eyes and ears of much of Asia will be on Japanese Prime Minister Shinzo Abe when he delivers a speech in August 2015 to commemorate 70 years since the end of World War II. It will undoubtedly be the most scrutinized of Abe’s public addresses to date.
Pakistan is convulsed by power shortages that at times have approached 50 percent of total energy demand. And yet the country's energy problems are arguably rooted more in shortages of governance than of pure supply. This new publication offers a series of recommendations to ease one of Pakistan's most serious and intractable challenges.
A recently unearthed conversation with veteran independence activist Kim Gu (Kim Koo) provides new details on how leaders in southern Korea saw North Korea in 1948 and their predictions about the likelihood of a war in Korea.
Aki Tonami argues that Asian states, particularly Japan, South Korea, and Singapore, are mainly interested in the economic aspects of the Arctic, but will utilize their willingness to promote scientific cooperation for sustainable development in the region. The Arctic Council and other Arctic states should encourage intra-Asian cooperation on the Arctic and should attempt to settle historical and territorial grievances.
Anne-Marie Brady argues that partnering with China in the Arctic, where possible, and developing an in-depth knowledge of China's Arctic interests and objectives will strengthen the United States' ability to give meaning to the development of a "new type of great power relationship." Furthermore, China should be encouraged to make a formal statement on its Arctic policy and interests, embracing transparency.