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This paper explores how APEC and the Trans-Pacific Partnership (TPP) can be mutually useful. It argues that work developed within APEC can contribute positively into the TPP negotiations and, at the same time, TPP can assist in strengthening Regional Economic Integration in the APEC region.
The paper also highlights the importance of keeping APEC’s nature and not changing it to an RTA/FTA-negotiating role, which could affect APEC’s key advantage as the most relevant consultative forum in the Asia-Pacific. The non-binding nature of APEC allows it to explore issues that would otherwise not be discussed by its members. Therefore, APEC is better suited to keep its voluntary character and continue on its current role as incubator of ideas.
⇒ Read the report.
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