The regional economic architecture is rapidly evolving in the Asia-Pacific, shaped by a plethora of alphabet soup mega-plurilaterals of TPP, RCEP and FTAAP. The world outside Brussels is increasingly convinced that TPP in particular, and the Asia-Pacific region in general will be the new agenda-setting pillar, and the first ‘competing’ economic integration that is large enough to have a considerable negative impact on the EU.
The EU continues to negotiate bilaterally with some TPP countries, but it has no strategy equivalent to the TPP for the Asia-Pacific region. The EU’s FTA negotiations with the region have faced difficulties, including because of the priority given to TPP by their counterparts. There is also pressure on relations with those countries with which FTA negotiations are already in place or are close to conclusion. It is puzzling too that, key likemindeds on trade policy, Australia and New Zealand, are not on the EU’s FTA negotiating agenda at all. Questions to be considered at this forthcoming event include:
Lunch will be served during the seminar.