After TPP: Asia and the Pacific AllianceVIEW EVENT DETAILS
Business of Asia
Breakfast available from 8 a.m.
The United States’ withdrawal from the Trans-Pacific Partnership (TPP) — coming as it did after years of intensive negotiations — appeared to spell doom for a dynamic pillar of global trade, and warn of potential trouble for the global economy. Those outcomes may still hold true — but despite the U.S. exit, along with a rising tide of protectionism and economic nationalism, many countries in Asia and Latin America have not abandoned their commitment to pursue more open markets. In March, trade ministers from 11 Pacific Rim countries signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The agreement kept most of the original TPP intact and represented a major step in expanding and strengthening trade among the remaining eleven members of the agreement.
CPTTP members and others are now continuing to adjust their strategic approaches to trade agreements, with many seeking new markets in an effort to diversify trading partners. The Pacific Alliance, a trading bloc comprised of Chile, Colombia, Mexico, and Peru, has launched free trade talks with so-called “associate members” across the Pacific including Australia, New Zealand, Singapore, and Canada, with South Korea considering associate membership as well. What is the impact of CPTPP on the trade strategies of Asian and Latin American countries? How do the open and dynamic Asian markets fit within the Pacific Alliance? What benefits will both sides receive from a closer relationship? Which other countries may soon join the table, and what challenges and opportunities do further inter-regional economic integration face? What does this mean for the United States going forward?
Join us for a discussion with Asia Society Policy Institute Vice President and Managing Director Wendy Cutler and the Consul General of Singapore, a diplomatic representative of South Korea and the Pacific Alliance nations on their countries’ strategic visions for global trade.
Francisco del Campo Lagos, Consul General of Chile in New York
Diego Gómez Pickering, Consul General of Mexico in New York
María Susana Landaveri Porturas, Consul General of Peru in New York
María Isabel Nieto Jaramillo, Consul General of Colombia in New York
Jasmine Wee, Consul General of Singapore in New York
Introductory remarks by Katia Bouazza, Head of Latin America, Global Banking, HSBC
This program was made possible through the generous support of
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