EVENT RECAP | Business of Asia: Who's driving free trade in the region?
In responding to disruptive forces, it is important that debate avoids dwelling on the past and looks to the future
Ellis Cowan/Asia Society
SYDNEY, Asia Society Australia in partnership with King & Wood Mallesons proudly hosted Mr Robert Milliner, Senior Adviser, International Affairs at Wesfarmers Limited, Senior Adviser at UBS and Senior Adviser to the Secretary-General of the International Chamber of Commerce, for a roundtable luncheon event as part of our ‘Business of Asia’ series.
Following the Trump administration's decision to withdraw from the Trans-Pacific Partnership, doubts have emerged around the future of free trade in the region. Mr Milliner briefed guests on what implications these events may have for the region and offered advice on what Australia can to do navigate this uncertain environment.
Citing confusion of the liberal world order, disruption led by the fourth industrial revolution and a rising preference for bilateralism over multilateralism as contributing factors to this shifting free trade landscape, Mr Milliner took guests through the strengths and weaknesses of global institutions like the WTO and APEC and gave a comprehensive breakdown of the regional trade agreements that are currently on the table, as well as the players pushing each agreement. This included the Trans-Pacific Partnership agreement (TPP) the Regional Comprehensive Economic Partnership (RCEP) and the China-backed Free Trade Area of the Asia-Pacific (FTAAP).
Following his briefing, Mr Milliner participated in a question and answer session with event guests.
This event was generously hosted by King and Wood Mallesons.
This event is a part of Asia Society Australia’s Business of Asia series delivered to our members by leaders of some of Australia and Asia’s major enterprises, who share unique insights on their companies’ successes and challenges in the Asian Century.