Trade implications of the Trans-Pacific partnership for ASEAN and other Asian countries

Abstract

Paper presented at the 2nd 2013 Asian Development Review Conference 01-02 August 2013, Manila, Philippines. The Trans-Pacific Partnership (TPP) aspires to become a state-of-the-art trade agreement linking 12 countries around the Pacific (Australia, Canada, Chile, Japan, Mexico, New Zealand, Peru, United States, Brunei, Malaysia, Singapore, Vietnam, and Countries in AFTA but not in TPP: Cambodia, Indonesia, Laos, Myanmar, Philippines, and Thailand). In addition to establishing a Free Trade Agreement (FTA) among these countries, negotiators are pursuing a long list of other issues, both trade-related and non-trade related. This paper examines the likely effects of the TPP on trade alone, taking into account the fact that all of the potential members of the TPP are already participants in other FTAs