scholarly journals THE MAIN TRENDS OF VIETNAM - JAPAN COOPERATION WITHIN THE FRAMEWORK OF BILATERAL STRATEGIC PARTNERSHIP

Skhid ◽  
2021 ◽  
pp. 45-50
Author(s):  
Yevhen PRYPIK

The article examines the process of formation and development of the comprehensive political and trade and economic cooperation between Japan and the Socialist Republic of Vietnam since 1973, when diplomatic relations were established between the two countries, and then received a new impetus after Vietnam started the market reforms in 1986 and commenced the renewal policy (in Vietnamese – “Đổi Mới”). In 2009, Japan and Vietnam decided to raise the bilateral relations to the level of strategic partnership for the common interests of both countries. In 2010, as part of the official visit of the Prime Minister of Japan to Vietnam, a Joint Declaration on strategic cooperation for peace and prosperity in Asia was adopted.The article focuses on cooperation between the two countries in the framework of international and regional organizations, in particular in the framework of the Trans-Pacific Partnership Agreement, as well as in the framework of the Regional Comprehensive Economic Partnership, in which Japan and ASEAN member states participate. In recent decades Japan has been one of Vietnam’s main foreign economic partners and the second largest investor into Vietnamese economy. At the same time, Japan is the largest sponsor of Vietnam through the Official development assistance program (ODA), actively assisting Vietnam in implementing its national strategy of industrialization and modernization under the framework agreement on cooperation between Vietnam and Japan until 2020 with the prospect of 2030. Besides, the article discusses and analyzes the largest joint projects implemented in Vietnam with the technical and financial assistance from Japan.

2020 ◽  
Vol 6 ◽  
pp. 1
Author(s):  
Ranti Yulia Wardani ◽  

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.


Significance Delhi and Hanoi declared a ‘strategic partnership’ in 2007 and a ‘comprehensive strategic partnership’ in 2016. Each is wary of China’s growing power. Impacts Election of new leaders at the Communist Party of Vietnam’s upcoming national congress will have little impact on Hanoi’s foreign policy. India will resist calls to join the Regional Comprehensive Economic Partnership. Cambodia and Laos will remain the two ASEAN members most closely aligned with China.


Subject The Japan-ASEAN trade relationship. Significance The Japan-ASEAN trade relationship is among the most important in the world. Japan is the only country that has concluded separate bilateral economic partnership agreements with all ten ASEAN member states and the two sides have also had a Comprehensive Economic Partnership agreement (AJCEP) since 2008. However, trade volumes have recently begun to fall as Japan and its South-east Asian counterparts face new challenges. Impacts Expanding trade with Japan could help Myanmar reduce its economic dependence on China. Fears of difficulties over commerce with the United States will prompt Japan and ASEAN states to deepen their trade relationships. Exports to Japan from the less-developed ASEAN states will increase as manufacturing relocates there from China.


2021 ◽  
Vol 10 (30) ◽  
pp. 33-56
Author(s):  
Juan José Ramírez Bonilla ◽  

En este texto se propone una lectura particular del proyecto transregional Asia del Pacífico-América del Norte-Europa (diseñado y puesto en práctica parcialmente por los asesores comerciales de Donald Trump) y de las condiciones en que enfrenta la competencia política del Comprehensive and Progressive Trans Pacific Partnership Agreement (CPTPP, encabezado por el Gobierno japonés) y del Regional Comprehensive Economic Partnership (RCEP, liderado por el Gobierno chino). En ese marco, el artículo destaca los alcances de cada una de esas iniciativas en materia de regulación comercial, y, recurriendo al ejemplo de Japón, muestra cómo cada gobierno está dispuesto a hacer concesiones comerciales a sus contrapartes, en función de cada socio y de cada acuerdo comercial. En el trabajo se propone que los asesores de la administración Trump marcaron un giro al abandonar la formación de capital, para adoptar el consumo de las familias y del Gobierno, como la principal ventaja comparativa de la economía estadounidense; en ese nuevo contexto, el acceso a los mercados estadounidense y/o norteamericano, bajo condiciones privilegiadas, tiene como costo aceptar y cumplir las regulaciones de los acuerdos bilaterales con Estados Unidos y/o del United States-Canada-Mexico Agreement (USMCA). El autor concluye que las contrapartes asiáticas y norteamericana del Gobierno estadounidense necesitan revisar las relaciones comerciales entre ellos para cerrar el círculo de los acuerdos bilaterales y beneficiarse de la iniciativa estadounidense.


2021 ◽  
pp. 129-134
Author(s):  
L. N. Talalova ◽  
Chu Thanh Hang ◽  
A. V. Morozova

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.


2017 ◽  
Vol 8 (2) ◽  
pp. 28-37
Author(s):  
Makmun Syadullah ◽  
Miftahudin ◽  
Benny Gunawan Ardiansyah

This paper aims to analyze the potential impacts of the RCEP concept developed in the working group and the potential impact on market expansion. Based on the results achieved in the working group dis-cussions, we used a qualitative approach. We put together a simulation of how the impact on trade and mar-ket development has been the goal of the establishment of RCEP. We concluded that the unification of the 16 countries in the RCEP expected to reduce the spaghetti bowl effect caused by a number of free trade agree-ments followed by a country. However, because RCEP does not eliminate regional free trade agreements that exist, RCEP tend to add to the chain's new spaghetti bowl. In addition, the opening of market access among partner countries in the ASEAN-expected results in increased trade intra-ASEAN partner countries so that the impact on economic growth in the region in general and ASEAN in particular.


Subject The revival of the Trans-Pacific Partnership. Significance US President Donald Trump in January announced Washington's withdrawal from the Trans-Pacific Partnership trade agreement (TPP), bringing its implementation to a standstill. Without US participation, the TPP looked dead, since the US economy is larger than the other eleven economies combined. Nevertheless, after months of uncertainty, the project was revived by the eleven members under the leadership of Japan. Impacts Failure or watering down of a TPP-11 would leave China a greater role in setting global standards and norms. Progress towards the TPP-11 could speed up the Regional Comprehensive Economic Partnership and EU-Japan economic partnership agreement. Other states will seek TPP membership in the future, with Taipei and Seoul likely candidates.


Author(s):  
Christian Wagner

India has long-standing relations with Western Europe. The Strategic Partnership Agreement of 2004 with the European Union and similar agreements with individual European states form the institutional basis for economic, political, military, technological, and cultural cooperation with India. But despite common interests in many areas, the strategic perspectives remain limited because of structural constraints in India and Western Europe. Even after the Treaty of Lisbon, the foreign policy of the EU will be shared between Brussels and the member states. India’s foreign policy is handled mostly by the under-staffed Ministry of External Affairs. This is far from being adequate to cope with the requirements of an interdependent global system and India’s own aspirations to play a more important role. Hence, only if both sides understand the structural constraints and limitations of the other, will the partnership flourish on a more realistic basis.


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