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A common thread that runs through TPP, TTIP and CETA deals is the Investor-state dispute settlement system (ISDS), an opaque supranational court that decides disputes, bypassing the domestic courts and national laws. Now, the fear is that these trade deals might just end up producing managed rather than free trade.
In an ironic situation, President Obama finds his own party, the Democrats, his key opponents while, the Republicans, his greatest allies as he pushes for the Trans Pacific Partnership agreement.
India has to deftly navigate the TPP waters by making sure it does not isolate itself by staying out of the picture for too long. At the same time, actively committing to the TPP will be hard. India should pursue an incremental process, where it initially joins the discussions and then determines how well it is placed to enter as a member. India could bring much needed flexibility to the TPP and use it to boost its own ties with United States.
One concrete outcome of the bilateral talks between the visiting Japanese Prime Minister and the US President was that the US was able to get Japan closer to making a commitment to the Trans Pacific Cooperation Agreement which the US has been advocating since 2011.
By integrating its formal allies to enhance cooperation in the Indo-Pacific, the US is setting a new networked security architecture
As Biden’s commitment to the Indo-Pacific remains under question, Trump’s legacy of bolstering regional powers could force US policy continuity
As far as India’s domestic affairs go, the Modi government will not get the free ride it has got so far even if the Biden administration will not allow its activist impulses to override US strategic interests.
Focus will be on making US more competitive, rather than blackballing the Dragon
Trump’s approach to transatlantic security, the US’s allies in the Indo-Pacific, and security concerns in West Asia will be shaping his vision of
As the theatre of the ‘new great game’, East and Southeast Asia present the US with a choice - defend the existing rules-based order or allow inte
It has transformed frustrations into a nihilistic anger. But it is not the real America.
‘Indo-Pacific’ is being used loosely to mean different things to different nations
The growing focus on the Indo-Pacific as reflected by the recent Quad summit and the launch of IPEF indicates that despite the ongoing war in Europe,
Each of the three candidates bring something new to the table, granting the Taiwanese voters ample alternatives in the upcoming presidential elections
The US-led TPP would face increasing competition as China recently concluded a free trade agreement with Australia (ChAFTA) and South Korea and is pushing for a broader Asia-trade pact - Regional Comprehensive Economic Partnership.
A ‘new age’ free trade deal with India remains critical in anchoring the United Kingdom economically to the Indo-Pacific
Various estimates show that RCEP’s share in the world GDP may touch 50 per cent by 2050. The fear that India may be left out if it decides not to join the group is real. But given the economic clout of China and other economies, India may find it very difficult to grab a significant share of the this RCEP cake.
Despite the loopholes in the IPEF framework, nonetheless, it presents New Delhi with a chance to assert its economic importance and influence in th
India will have to decide what the TPP means for its domestic reforms agenda. India need foreign markets to grow and it cannot presume that the size of its domestic market will force others to come to its terms.
As we usher in 2022, we unpack the events and trends of 2021 that are likely to dominate East Asian politics in the coming years
PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.
After a tumultuous start with the new Biden administration over the Afghanistan crisis, the UK is back on track as it renews its alliance with the US
In light of the new developments in the Indo-Pacific region, heightened economic and political integration comes with multiple hurdles that will, in t
As the region is reshaped by U.S. retreat and Chinese ambition, India must chart its own path
This study discusses three major mega free trade agreements (the TPP, TTIP and the RCEP) and attempts to develop a strategy for India to navigate the repercussions engendered by these groupings and thereby safeguard India?s trade and sustain its economic growth.
China looms large in the trilateral in most matters from security to trade
The region’s geostrategic and trade dynamics are already in flux and may throw up opportunities for India to capitalize on
Exploring the four pillars of the IPEF: Economic connectivity, economic resilience, clean economy, and just economy are the four pillars for enhanced
The world will be closely watching the Taiwan election as it will play a crucial role in shaping the power dynamics in Asia
A major task ahead for Trump would be to negotiate with Russia on the future of US-Russia arms control.
Trump’s Asia visit was ripe with opportunities for mending political ties and reinstating credibility in the US leadership. Instead, President Trump
China will have its ear to the ground for noises from the Trump administration in its commitment towards Asian security.
Trump campaign likely to remain main drivers of his administration – trade & immigration. While latter is domestic in scope former will have ramifications
For India to become a part of the global value chains, a better intellectual property regime is needed. Further, India needs to take measures to be a part of the mega regionals which are going to shape the future of global trade architecture such as TPP and RCEP.
As of now, the Quad’s formal agenda is modest. It remains a platform for leaders of the four countries to meet each other collectively and bilaterally. Meetings have so far taken up the issue of providing vaccines, building supply chains, mitigating climate change and providing humanitarian relief. An unstated aspect of the Quad grouping is supply-chain resilience and the need to have a chain which is not linked to China.
Due to unilateral tariff imposition and other pre-pandemic trade restrictions that undermined the multilateral trade order, the focus has now shifted
TPP, RCEP and TISA will entail some amount of IP norm-setting that shifts the balance established in the TRIPS towards rights-holders.
Fumio Kishida’s victory owes much to LDP’s conservative wing and many of his foreign policy actions will function within the parameters that former prime minister Shinzo Abe laid down during his time in office
