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Asia Unbound

CFR experts give their take on the cutting-edge issues emerging in Asia today.

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Showing posts for "Trans-Pacific Partnership"

Making America Great is Like Making a Great Hotel

by Elizabeth C. Economy
A cyclist passes the construction entrance to the Trump International Hotel in Washington September 1, 2015. The iconic Old Post Office building is being transformed into a luxury hotel by presidential hopeful Donald Trump. REUTERS/Kevin Lamarque A cyclist passes the construction entrance to the Trump International Hotel in Washington on September 1, 2015. The iconic Old Post Office building has been transformed into a luxury hotel by President-Elect Donald Trump. (Kevin Lamarque/Reuters)

As the world watches one foreign policy hopeful after the next take a spin through the revolving doors of Trump Tower to meet with President-Elect Trump, it is easy to imagine that it is CEO Trump interviewing candidates for the top positions at one of his new hotels abroad. There will be a chief marketing officer, a chief financial officer, legal counsel, and a communications director, among other senior staff. Once Mr. Trump picks his team, it will be time to weigh various opportunities. As they cast their eyes out to the Asia-Pacific, they should begin by undertaking the proper due diligence. Read more »

Abe’s Trump Test

by Sheila A. Smith
Japan's Prime Minister Shinzo Abe (R) meets with U.S. President-elect Donald Trump at Trump Tower in Manhattan, New York, U.S., November 17, 2016 (CABINET PUBLIC RELATIONS OFFICE). Japan's Prime Minister Shinzo Abe (R) meets with U.S. President-elect Donald Trump at Trump Tower in Manhattan, New York, U.S., November 17, 2016 (CABINET PUBLIC RELATIONS OFFICE).

Like many around the globe, Japanese are stunned by the election outcome and worried about what this means for the United States’ role in the world. Of particular concern, of course, are the comments Candidate Donald J. Trump made on the campaign trail about Japan, about trade, and about U.S. alliances. But what matters now is what President-elect Trump will do to reassure Tokyo that he values the U.S.-Japan strategic partnership. Read more »

TPP and its Implications for Global Access to Medicines

by Guest Blogger for Yanzhong Huang
The twelve Trans-Pacific Partnership (TPP) Ministers hold a press conference to discuss progress in the negotiations in Lahaina, Maui, Hawaii July 31, 2015. Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared between Japan and North America over autos, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. (Marco Garcia/Reuters) The twelve Trans-Pacific Partnership (TPP) Ministers hold a press conference to discuss progress in the negotiations in Lahaina, Maui, Hawaii July 31, 2015. Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared between Japan and North America over autos, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. (Marco Garcia/Reuters)

Mi Lin is an intern for Global Health Governance at the Council on Foreign Relations.

On March 9-10 and March 16-17, two sections of the United Nations Secretary-General’s High-Level Panel on Access to Medicines (UNGSAM) were held in London and Johannesburg, respectively. These two conventions were launched in response to UN Secretary-General Ban Ki-moon’s call last November to “find solutions to the lack of access to medicines.” This was the first time such a high-level panel on access to medicines was made open to the public.  Though the two dialogues, one in a developed country and the other in a developing country, had different conversational dynamics, issues surrounding intellectual property (IP) rules in free trade agreements (FTAs) were frequently raised in both sections. Health advocates have long argued that stricter IP provisions in FTAs is a main barrier to access to essential medicines for populations in developing countries. As the recently signed Trans-Pacific Partnership (TPP) adds the latest development to this decades-long debate on trade and health, issues around TPP and its potential effects on global access to medicine also arose frequently at the panel. Read more »

Brunei Desperately Looks to Diversify its Economy

by Joshua Kurlantzick
Sultan-Hassanal-Bolkiah U.S. President Barack Obama welcomes the Sultan of Brunei Hassanal Bolkiah upon his arrival at Sunnylands for a 10-nation Association of Southeast Asian Nations (ASEAN) summit in Rancho Mirage, California on February 15, 2016. (Kevin Lamarque/Reuter)

The tiny Southeast Asian nation of Brunei remains almost totally dependent on petroleum for its growth, to provide its lavish social welfare programs—and to help reduce any possible opposition to the ruling sultan. Today, about 95 percent of Brunei’s exports are either oil or in some way related to oil, according to the Diplomat. Brunei’s oil has helped make it the fourth-richest country in the world by GDP per capita. But with low global oil prices, and Brunei’s oil reserves predicted to run out within the next three decades, the sultanate is desperately looking for ways to diversify its economy. Read more »

A “Gut Check” on U.S.-China Policy

by Elizabeth C. Economy
U.S. Secretary of State John Kerry (R) and Chinese Foreign Minister Wang Yi hold a joint news conference after their meeting at the State Department in Washington, February 23, 2016. REUTERS/Yuri Gripas TPX IMAGES OF THE DAY U.S. Secretary of State John Kerry (R) and Chinese Foreign Minister Wang Yi hold a joint news conference after their meeting at the State Department in Washington, February 23, 2016. (Yuri Gripas/Reuters).

At the end of March, I testified before the U.S.-China Economic and Security Review Commission on the economic aspects of the “rebalance” to Asia.  I have testified before the commission several times, know a number of the commission members, and typically enjoy the experience. This time was no different. However, I was struck by the number of “gut check” questions, as one commissioner put it—questions where the answer appears clear, even obvious, but with a bit more pushing becomes less clear and less obvious. Here are some of the “gut check” questions that the commissioners asked that have made me take another look:

Read more »

The U.S.-ASEAN Summit: Final Thoughts

by Joshua Kurlantzick
U.S.-ASEAN-leaders summit-sunnylands U.S. President Barack Obama (C) is flanked by leaders from the 10-nation Association of Southeast Asian Nations (ASEAN) summit during a group photo opportunity in Rancho Mirage, California, on February 16, 2016. (Kevin Lamarque/Reuters)

The U.S.-ASEAN summit earlier this week, held at Sunnylands estate in California, was overshadowed by the death of Supreme Court justice Antonin Scalia, and the political debate over his possible replacement. Many Southeast Asian leaders, who had looked forward to the summit as a sign of the Obama administration’s interest in the region, as well as a kind of blessing for hardline rulers like Cambodia’s Hun Sen and Thailand’s Prayuth Chan-ocha, were probably disappointed by how little attention the summit got from the U.S. media and from many U.S. politicians and opinion leaders. Read more »

Eight Predictions for Southeast Asia for 2016: Part 2

by Joshua Kurlantzick
hun sen-predictions-2016 President of the Cambodian People's Party (CPP) and Prime Minister Hun Sen (L), greets his supporters before a ceremony at the party headquarters to mark the 37th anniversary of the toppling of Pol Pot's Khmer Rouge regime, in Phnom Penh, on January 7, 2016. (Samrang Pring/Reuters)

Read Part 1 here

6. Of All Southeast Asia Issues, Only Myanmar and the TPP Will Be Discussed in the U.S. Presidential Campaign

Although there are several Republican and Democratic candidates with foreign policy experience, Southeast Asia will mostly go unmentioned during the U.S. presidential primaries and general election. The two exceptions: Myanmar and the Trans-Pacific Partnership negotiations, which include Brunei, Vietnam, Singapore, and Malaysia, and may in the future include the Philippines and Indonesia as well. Read more »

Friday Asia Update: Top Five Stories for the Week of November 6, 2015

by Guest Blogger for Elizabeth C. Economy
Xi-Ma-summit - 11-6-15 Activists holding a placard showing the merged faces of Taiwan's President Ma Ying-jeou and China's President Xi Jinping protest against the upcoming Singapore meeting between Ma and Xi, in front of the Presidential Office in Taipei, Taiwan, November 6, 2015. (Pichi Chuang/Reuters)

Rachel Brown, Ariella Rotenberg, Ayumi Teraoka, and Gabriel Walker look at the top stories in Asia this week.

1. Chinese and Taiwanese leaders meet for the first time in decades. Tomorrow, Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will hold a historic summit in Singapore, the first meeting of its kind since the Chinese Communist revolution of 1949. The leaders will exchange views on “some important issues” under delicate circumstances, referring to each other as “mister” to avoid the issue of Taiwanese sovereignty and splitting the dinner bill to avoid the appearance that one country is hosting the other. Read more »

Friday Asia Update: Top Five Stories for the Week of October 30, 2015

by Guest Blogger for Elizabeth C. Economy
Army soldiers load sacks of food aid on a helicopter to distribute in earthquake-stricken areas in Peshawar, Pakistan, October 27, 2015. (Khuram Parvez/Reuters) Army soldiers load sacks of food aid on a helicopter to distribute in earthquake-stricken areas in Peshawar, Pakistan, October 27, 2015. (Khuram Parvez/Reuters)

Ashlyn Anderson, Rachel Brown, Lincoln Davidson, Sungtae “Jacky” Park, Ariella Rotenberg, and Gabriel Walker look at the top stories in Asia this week.

1. Earthquake survivors in Afghanistan and Pakistan appeal for shelter and supplies. Just six months after a devastating earthquake in Nepal, a 7.5-magnitude earthquake shook geographically vulnerable regions in Afghanistan and Pakistan. The epicenter was reported 196 kilometers below the Hindu Kush Mountains in Afghanistan. Although the earthquake occurred much deeper than the Nepal earthquake, close to four hundred people have been reported dead, thousands suffered injuries, and many homes were destroyed by the quake and its aftermath. Read more »

Jokowi’s Short Trip to Washington

by Joshua Kurlantzick
jokowi-visit-obama-meeting U.S. President Barack Obama (R) and Indonesia's President Joko Widodo (L) shake hands after their meeting in the Oval Office at the White House in Washington on October 26, 2015. Widodo will return earlier than planned from his official trip to the United States due to a haze crisis at home, a palace official said on Monday. (Jonathan Ernst/Reuters)

Indonesian President Joko “Jokowi” Widodo’s visit to the United States was cut short this week. Jokowi decided to return to Indonesia less than halfway through his trip to America in order to deal with the haze crisis in Indonesia. Parts of Sumatra and Kalimintan have been devastated by the haze, which is closing businesses and causing hundreds of thousands of respiratory ailments. Jokowi will “possibly fly directly to the haze-devastated provinces of South Sumatra or Central Kalimantan…He made the decision [to cut the trip short] after he received news that conditions in these provinces had deteriorated over the last two days,” the Straits Times reported. Read more »