When Regional Comprehensive Economic Partnership Agreement(RCEP) Meets Comprehensive and Progressive Trans-Pacific Partnership Agreement(CPTPP): Considering the “Spaghetti Bowl” Effect

2021 ◽  
pp. 1-16
Author(s):  
Chunding Li ◽  
Donglin Li
Keyword(s):  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Regional Comprehensive Economic Partnership

scholarly journals Consequences appraisal on India’s opting out of the Regional Comprehensive Economic Partnership Agreement

2021 ◽  
pp. 129-134
Author(s):  
L. N. Talalova ◽  
Chu Thanh Hang ◽  
A. V. Morozova
Keyword(s):  
World Economy ◽  
The Political ◽  
Third Place ◽  
Opting Out ◽  
Economic Context ◽  
The World ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Regional Comprehensive Economic Partnership

The political and economic context for India based on the results of the Regional Comprehensive Economic Partnership Agreement (RCEP) signed in November 2020 is considered. The benefits of strengthening economic cooperation for the participating countries from its signing are characterized. The hypothetical advantages for India in the case of its entry into RCEP are analyzed. In connection with country’s opting out of RCEP the authors have highlighted three segments of reasons for studying (political, legal and economic) that caused such India’s decision. Among the political reasons for India’s opting out of RCEP the problem of the Indo-Chinese border conflict over disputed territory escalating is emphasized. Among the legal reasons that determined opting out of the treaty, the issues of investment policy and intellectual property outside the World Trade Organization frameworks are noted. The economic reasons offset the benefits of RCEP for India are investigated. The connection between all three segments of causes is demonstrated. The experts’ forecasts is evaluated for India’s entry into third place in the world economy in terms of the gross domestic product contribution and the prerequisites for this are studied. It is concluded about the possibility of achieving the goal if a number of conditions are met and a set of necessary measures is carried out.

scholarly journals The Regional Comprehensive Economic Partnership Agreement and Its Expected Effects on World Trade

2021 ◽  
Vol 56 (2) ◽  
pp. 92-98
Author(s):  
Lisandra Flach ◽  
Hannah-Maria Hildenbrand ◽  
Feodora Teti
Keyword(s):  
Free Trade ◽  
World Trade ◽  
Free Trade Zone ◽  
Value Chains ◽  
Member States ◽  
Trade Relations ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Regional Comprehensive Economic Partnership

AbstractThe Regional Comprehensive Economic Partnership agreement creates the world’s largest free trade zone. The agreement has the potential to increase trade relations among its members and further promote the development of regional value chains in “Factory Asia”. This article presents the topics included in the recently concluded agreement, details the existing economic linkages between its members and discusses the expected consequences for its member states and third countries.

scholarly journals India’s Readiness for the Regional Comprehensive Economic Partnership Through the India–Japan Partnership

2020 ◽  
Vol 6 ◽  
pp. 1
Author(s):  
Ranti Yulia Wardani ◽  
Keyword(s):  
Essential Role ◽  
Regional Level ◽  
Strategic Partnership ◽  
Potential Analysis ◽  
Major Powers ◽  
Political Relations ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Regional Comprehensive Economic Partnership

India and Japan are engaged in a strategic and comprehensive economic partnership. However, some major powers have different interests that may delay the conclusion of the Regional Comprehensive Economic Partnership (RCEP). India and Japan were among the 14 countries that initially joined the RCEP, but India has since opted to stay out, pending resolution of outstanding issues. This study aims to examine the India–Japan strategic partnership in the development of the RCEP and measure the saving potential of the India–Japan Comprehensive Economic Partnership Agreement, employing an ex-ante analysis with scenarios based on zero tariffs. These political and economic partnerships play an essential role for both countries at the regional level. India and Japan have good economic and political relations that could enhance the feasibility of India rejoining the RCEP. The results of the saving potential analysis show that both countries have gained benefits from the economic partnership.

High-Standard Rules and Political Leadership in Japan’s Mega-FTA Strategy

Asian Survey ◽  
2020 ◽  
Vol 60 (4) ◽  
pp. 733-754
Author(s):  
Hidetaka Yoshimatsu
Keyword(s):  
Political Leadership ◽  
Free Trade Agreements ◽  
High Standard ◽  
Economic Partnership Agreement ◽  
Successful Outcomes ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Economic Developments ◽  
Regional Comprehensive Economic Partnership ◽  
And Diffusion

This article examines Japan’s trade policy on significant geo-economic developments by focusing on its engagement in three large free trade agreements: the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership, and the Japan–EU Economic Partnership Agreement. Under the Abe administration, Japan has produced successful outcomes in mega-FTA strategy, concluding the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Japan–EU Economic Partnership Agreement in 2018. The making and diffusion of high-standard rules were given high priority in Japan’s mega-FTA strategy, and Prime Minister Abe’s political leadership in employing his political allies and executive aides and managing the opposition activities of veto players has enabled his administration to produce these successful outcomes.

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