A Trans-Pacific Partnership and the Future of the Asia Pacific Region

Date

October 25, 2010, 3:00 AM EDT
Peterson Institute for International Economics, Washington, DC
C. Fred Bergsten (PIIE), Jeffrey J. Schott (PIIE), Kurt Campbell (Asia Group), Noboru Hatakeyama (Japan Economic Foundation), Mark Sinclair (Ministry of Foreign Affairs and Trade, New Zealand) and Barbara Weisel (Assistant US Trade Representative for Southeast Asia and the Pacific)

Event Summary

Following the October trade talks in Brunei and just prior to the 2010 APEC summit, the Peterson Institute and the Japan Economic Foundation (JEF) cohosted the conference "A Trans-Pacific Partnership and the Future of the Asia Pacific Region" on October 25, 2010. The conference aimed to assess the state of Trans-Pacific Partnership (TPP) negotiations and help promote better understanding of the objectives and prospects for the ongoing TPP talks and for the broader APEC goal of a Free Trade Area of the Asia Pacific (FTAAP). The TPP is a criticalldy important step towards strengthening economic relationships across the Pacific, reinforcing strategic ties among partner countries, bolstering APEC, and balancing the momentum toward Asia-only economic arrangements.

Senior officials and business leaders from the United States, Japan, and New Zealand, spoke at the conference, including Congressman Kevin Brady; Kurt Campbell, Assistant Secretary of State for East Asian and Pacific Affairs; Noboru Hatakeyama, Japan Economic Foundation; Mark Sinclair, Ministry of Foreign Affairs and Trade, New Zealand, and Barbara Weisel, Assistant USTR for Southeast Asia and the Pacific, among others. Institute speakers included C. Fred Bergsten and Jeffrey J. Schott.

Event Materials

Agenda

Welcome and Introduction C. Fred Bergsten, Director, Peterson Institute for International Economics

Noboru Hatakeyama, Chairman and CEO, Japan Economic Foundation (JEF)
 

 
Session I: The Economic and Strategic Context
 
  Kurt Campbell, Assistant Secretary of State for East Asian and Pacific Affairs

Akira Kojima, Senior Research Fellow, Japan Center for Economic Research (JCER)

Daniel Price, Senior Partner, Sidley Austin LLP
 

 
Session II: Shaping the Trans-Pacific Partnership: Substance and Membership
 
  Masakazu Toyoda, Chairman and CEO of the Institute of Energy Economies, Japan
Presentation

Barbara Weisel, Assistant US Trade Representative for Southeast Asia and the Pacific

Mark Sinclair, Lead Negotiator, Trans-Pacific Partnership, Ministry of Foreign Affairs and Trade (MFAT), New Zealand
Presentation
 

 
Session III: How Congress Views the Trans-Pacific Partnership
 
  Congressman Kevin Brady (R-TX)
 
 
Session IV: The Trans-Pacific Partnership and Prospects for an FTAAP
 
Presenters Yoshihiro Watanabe, Advisor, Bank of Tokyo-Mitsubishi UFJ, Ltd; APEC Business Advisory Council Member of Japan
Presentation

Jeffrey J. Schott, Senior Fellow, Peterson Institute for International Economics
Presentation
 

Discussant Peter A. Petri, Carl J. Shapiro Professor of International Finance, Brandeis University and Senior Fellow, East-West Center
Presentation
 
 
Session V: Conclusions and Recommendations
 
  Noboru Hatakeyama, Chairman and CEO, Japan Economic Foundation

C. Fred Bergsten, Director, Peterson Institute for International Economics
 

 

Video