Tailored pact seeks to counter China’s clout while protecting US workers.
The IPEF represents continuity between the colonialist past and neocolonialist present in the Indo-Pacific region.
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
Council will focus on areas like 5G and AI, seek to deepen cooperation in trade and security. Experts say it’ll ’smoothen’ overall FTA negotiations between India and EU.
Asian and American trade experts characterize the framework as “weak tea,” consisting of “all of the things the US considers important” but little for Indo-Pacific nations in return for their membership obligations.
After a long hiatus, India has resumed its engagement with trade pacts. To what extent do these deals weigh on economic considerations? More importantly, how similar are they to strategic alliances?
The Indo-Pacific Economic Framework seeks to establish trade rules and is widely seen as an effort by the US to counter China’s influence in the Asia-Pacific region.
Unless the Biden administration chooses the right path, the Indo-Pacific Economic Framework will be more or less forgotten by the end of the year.
Both members of the Quadrilateral Security Dialogue along with the U.S. and Japan, look to manage difficult relations with China and promote a "free, open and inclusive Indo-Pacific."
There is a growing need to analyse the free trade agreements to understand their impact on the economy and the geopolitical repercussions that follow.
China applied to join the Trans-Pacific Partnership, and some analysts see it as a Chinese declaration that even with the elimination of tariffs, the country’s products can hold their own now.
China has won a big geopolitical win with the RCEP as the deal improves Asia’s economic connectivity closing to China’s economic orbit as a result of tighter integration.
Trade deals are important, but they are neither necessary nor sufficient for American foreign policy to prevail in the Asia-Pacific region.
Beijing and Gulf states say they are committed to reviving long-dormant talks aimed at reaching a free trade agreement, as they look to strengthen ties and deepen economic cooperation in the face of strained relations with the West.
With RCEP coming into play on January 1, the divergences that started way back in 2013 will reach a tipping point.
The Morrison government is pushing the Biden administration to strike a digital free trade agreement with democracies across the Indo-Pacific in a bid to counter China’s “digital authoritarianism”.
Nowhere is the intersection between geopolitics and geoeconomics more evident than the accession negotiations under the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Taipei could not afford to wait to request entry once Beijing got in the game. Yet the CPTPP is at the heart of mapping out Taiwan’s long-term survival, not just a means to remain competitive in global markets.
President Xi Jinping on Thursday pledged a raft of economic reforms as part of China’s efforts to join a Pacific Rim trade pact abandoned four years ago by the US and warned against efforts to “draw ideological lines” in the Asia-Pacific region.
European Parliament’s committee President said that he would continue to push for closer ties between the EU and Taiwan, and advocate for a bilateral investment agreement.