Skip to main content Accessibility help
×
Home
  • Get access
    Check if you have access via personal or institutional login
  • Cited by 2
  • Print publication year: 2012
  • Online publication date: November 2012

17 - Coping with multiple uncertainties

Summary

Introduction

The ongoing negotiations for the enlargement of the Trans-Pacific Partnership Agreement (TPP) were launched in March 2010. At the time of writing (early January 2012) nine countries from both rims of the Pacific Basin participate in this process. Among them are two Latin American countries: Chile, an original signatory of the P4 in 2005, and Peru. Two other countries from the region, Colombia and Mexico, have at different times expressed interest in joining the negotiations.

The TPP is currently the United States’ main initiative in the area of trade negotiations. According to US authorities, the expanded and updated TPP would be a “next-generation, twenty-first century” agreement which could, through its gradual expansion, become a platform for the construction of a trans-Pacific free trade space. It would thus provide a counterbalance to the centripetal tendencies observed today in East and Southeast Asia. These are reflected, among other ways, in initiatives centred on the Association of Southeast Asian Nations (ASEAN), such as the so-called ASEAN+3 and ASEAN+6 projects, and in the renewed support provided by the leaders of China, Japan and the Republic of Korea (henceforth Korea) to the launch of negotiations for a trilateral preferential trade agreement (PTA). In short, the TPP project aims both at setting the rules for trade and investment in the Asia-Pacific over the coming decades and at consolidating the United States’ presence in the world’s most economically dynamic region. It is therefore a strategic project in both economic and political terms.

References
Armstrong, S. 2011 Australia and the Future of the Trans-Pacific Partnership AgreementCanberraEABER Secretariat
Australian Government Productivity Commission 2010 Bilateral and Regional Trade Agreements,www.pc.gov.au/__data/assets/pdf_file/0010/104203/trade-agreements-report.pdf
Barfield, C. 2011 The Trans-Pacific Partnership: A Model for Twenty-First-Century Trade AgreementsWashington DCAmerican Enterprise Institute for Public Policy Research (AEI)www.aei.org/files/2011/06/01/IEO-2011–02-g.pdf
Capling, A.Low, P. 2010 Governments, non-state actors and trade policy-making. Negotiating preferentially or multilaterally?Cambridge University Press
Drysdale, P. 2011 www.eastasiaforum.org/2011/12/12/china-economic-containment-and-the-tpp/
Economic Commission for Latin America and the Caribbean (ECLAC) 2011 Latin America and the Caribbean in the world economy 2010–2011. The region in the decade of the emerging economiesSantiagoChilewww.cepal.org/publicaciones/xml/3/45313/The_region_in_the_decade_of_the_emerging_economies_2011.pdf
Economista, El 2011 http://eleconomista.com.mx/industrias/2011/11/13/mexico-debe-participar-tpp-bruno-ferrari
Gallagher, K. P. 2010 Policy Space To Prevent And Mitigate Financial Crises In Trade And Investment AgreementsNew York and GenevaUnited Nationshttp://ase.tufts.edu/gdae/Pubs/rp/KGCapControlsG-24.pdf
Herreros, S. 2011 The Trans-Pacific Strategic Economic Partnership Agreement: a Latin American perspectiveSantiago, ChileEconomic Commission for Latin America and the Caribbeanwww.cepal.org/comercio/publicaciones/xml/6/42966/Transpacific_strategic_economic_partnership_Latin_American_serie_106.pdf
Inside US Trade 2010 Washington DCCongressional Research Servicewww.dtic.mil/cgi-bin/GetTRDoc?AD=ADA530565
Inside US Trade 2010
Inside US Trade 2011
Inside US Trade 2011
Roffe, P.Santa Cruz, M. 2010 Rosales, Sáez,
Rosales, O.Sáez, S. 2010 Temas controversiales en negociaciones comerciales Norte-SurSantiago, ChileECLACwww.eclac.org/publicaciones/xml/4/42944/Temas_controversiales_en_negociaciones_comerciales_Norte_Sur_106.pdf
TPP 2011 TPP Trade Ministers’ Report to Leaders, 12 NovemberWashington, DCCongressional Research Servicewww.ustr.gov/about-us/press-office/press-releases/2011/november/trans-pacific-partnership-tpp-trade-ministers’-re
TPP 2011 Enhancing Trade and Investment, Supporting Jobs, Economic Growth and Development: Outlines of the Trans-Pacific Partnership Agreement, 12 NovemberWashington, DCCongressional Research Servicewww.ustr.gov/about-us/press-office/fact-sheets/2011/november/outlines-trans-pacific-partnership-agreement
Zabludovsky, J.Pasquel, L. 2010 Capling, Low,