Feb 11

Past Event

TPP and RCEP: Competing or Complementary Models of Economic Integration?

Video

Highlights

  • TPP, RCEP Are Mega-Undertakings in Asia

    Mireya Solis: The two major trade agreements, TPP and RCEP, will define economic integration in the world’s most dynamic region: Asia. The stakes in the successful negotiation are very high, but what kind of interaction is there between them?

    Mireya Solís

  • Japan Welcomes Chinese, Korean Participation in TPP

    Kenichiro Sasae, Ambassador of Japan to the U.S.: The trade agreements can pave the way for an exchange of people. Each country needs to have a good relationship, so we welcome a greater role for China and the Republic of Korea in TPP. There shouldn’t be any exclusion.

Summary

Two major trade agreements, the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP), stand to define the parameters of economic integration in Asia, arguably the world’s most dynamic region. While the TPP and RCEP are frequently described as rival trading blocs led by the United States and China respectively, we should look beyond this easy characterization to explore the complex dynamics among these mega trade agreements.

On February 11, the Center for East Asia Policy Studies hosted a public seminar to discuss the multifaceted set of economic, political and security implications generated by the coexistence of TPP and RCEP in the Asia-Pacific region. Experts from the United States and East Asia explored the extent to which these two trade blocs differ; the role that countries with dual membership, like Japan, can play in facilitating the adoption of compatible rules; the chances that China may eventually seek membership in the TPP; and the challenges and opportunities for merging these two trade groupings in a future free trade area of the Asia-Pacific.

Follow the conversation on Twitter at #MegaFTA.

Event Agenda

  • Introduction and Moderator

  • Keynote Address

    • Ambassador Kenichiro Sasae

      Kenichiro Sasae

      Ambassador Extraordinary and Plenipotentiary of Japan to the United States

  • Panelists

    • Takashi Terada

      Professor, Department of Political Science

      Doshisha University

    • Claude Barfield

      Resident Scholar

      American Enterprise Institute

    • Yunling Zhang

      Professor and Director, Division of International Studies

      Chinese Academy of Social Sciences

    • Sanchita Basu Das

      ISEAS Fellow and Lead Researcher, ASEAN Studies Centre

      Institute of Southeast Asian Studies, Singapore

Details

February 11, 2014

3:00 PM - 5:00 PM EST

Brookings Institution

Falk Auditorium

1775 Massachusetts Avenue, N.W.

Map

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