Let us look at "RCEP" and "TPP" How to compete in the Asia-Pacific

RCEP ('Regional Comprehensive Economic Partnership' first round of negotiations concluded recently in Bandar Seri Begawan, capital of Brunei. During the three days of negotiations, the ASEAN 10 member states and China, Japan, Korea, Australia, New Zealand and India six partner countries to reach a consensus in 2015 to create RCEP present, between the goods, services, investment and other activities of the working group has already started. Additionally, the meeting also drew up the next round of negotiations on a framework program that will establish the relevant environmental, labor economic and technological cooperation and other areas of the working group. According to plan, the second round of talks will be held September 24 to 27 held in Australia at the same time, the US-led TPP ('Trans-Pacific Partnership Agreement' has also accelerated consultations pace.

RCEP was in 2011 by the Association of Southeast Asian Nations proposed that developing countries led, 16 Asia-Pacific countries voluntary regional free trade arrangements, plans to complete negotiations by 2015, once completed, will cover more than 30 million people in the region close to $ 20 trillion economy , TPP was in 2005 by Brunei, Chile, New Zealand and Singapore four countries advocated the establishment, in 2008 and gradually took over the United States participate in the initiative, the existing 12 member states negotiate the initial target in 2025 to achieve zero tariffs on trade between members arrangement, once completed, will have 800 million people and a large market share of global economic output by 40%(http://www.best-news.us/). Nowadays, the world is likely to change in the future pattern of the two regional economic and trade organizations, compete in the competitive potential of the Asia-Pacific has been formed .

Is a form of regional economic cooperation with, the same huge lineup, the same broad market, equally enticing, better, outcome?

The current world economic system, greedy selfish, bullying despised by the international community, 'quitting brave victory' has already become history, instead it is 'quitting 'benevolent' wins.' What is the new international economic order in the 'benevolent '? fairness and justice, equality and mutual benefit is also.

Let me talk about TPP. Since the Doha round of negotiations, after 12 years, after a long quarrel become tasteless attempt to protect the vested interests of the developed countries, to accelerate the pace of economic return to the Asia-Pacific, eager to share the economic prosperity of the Asia-Pacific bonus, not Ganya Zhou dominance sidelined for Economic Affairs of the U.S., suffer can not find a 'handy weapon', but unfortunately can only choose among the TPP. since it is a product of the US-led, then there must be marked with the stigma of American interests first(Finance News http://www.best-news.us/). TPP content of the so-called strategic partnership, covering intellectual property protection, labor standards, the environment standards, financial regulation, competition policy, economic legislation, market transparency, anti-corruption and other fields, is nothing less than high-sounding, but the problem is that, TPP negotiations among the members of the existing 12 huge gap between the level of economic development, how to solve? either weak succumbed to the strong, either modify the 'game' rules, weak countries unwilling lying down, power unwilling to equal opportunity, so that led to three years of 16 after negotiations still 'thunder, little rain,' the embarrassing situation. allow TPP demonstrate fair justice, equality and mutual benefit, easier said than done even with the developed countries, the U.S. auto market and the Japanese agricultural market, still is not easily compromise their King Hill, once major powers mercenary, and do not understand, TPP negotiations on the future prospects of the road is difficult BU, especially in the Asia-Pacific Economic Affairs without China's participation and cooperation, it is unthinkable.

Look RCEP. Five comparative advantages are obvious: First, are the Asia-Pacific economies, fully equipped with the tradition of cooperation and mutually beneficial basis, and second, the majority of developing countries, the development gap between the level is much lower than TPP, three is the 16 economies voluntary participation, justice, equality and mutual benefit in a cordial atmosphere, four and six ASEAN partnership between the existing 5 '10 +1' FTA, especially the ASEAN - China free trade area, in order to lay a solid RCEP successful negotiation basis, five guiding principles and objectives of the negotiations as far as possible take into account the comfort of the Member States, feasibility, and transitional progressive course, RCEP not overnight, its negotiating areas including trade in goods, telecommunications and financial services such as trade, investment , economic and technical cooperation, intellectual property, competition policy limiting corporate alliances, dispute settlement mechanisms eight aspects of which trade in services negotiations is difficult. Fortunately, the 16 members of the enthusiasm to actively driven, RCEP negotiations have reached the fast lane. simply follow mutual understanding and common ground, the easier the principle of gradual and orderly progress and methods to select priority areas of consensus than differences open as early as possible in order to cut tariff and non-tariff revenue, thus promoting consensus in other areas, then 2015 is entirely possible to complete negotiations on track to meet the goal.

RCEP original intention was not narcissistic, but not feisty face challenges and competition, riding a boat behind. Virtue of justice, equality and mutual benefit 'benevolent' principle may change in the future world trade patterns intense game, starting Late in the TPP RCEP, come from behind the trend has become increasingly prominent.

June 4, 2013

Source: Best-news.us