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. The TPP and RCEP are frequently described as rival trading blocs led by the United States and China.
Tomorrow, Tuesday February 11 at 3:00 p.m. (EST), the Center for East Asia Policy Studies will live webcast a public seminar to discuss the 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—including Japan’s ambassador to the United States—will explore 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.
Brookings Senior Fellow Mireya Solís will moderate the panel. She is the author of the recent “Big Bets & Black Swans” presidential briefing memo, “Close the Deal on Free Trade.” Solís talks about this in the video below.
Follow the conversation on Twitter at #MegaFTA.