The Future of Asian Trade Relations

The Future of Asian Trade Relations

Overview

Complex, overlapping trade rules in Asia increase firms’ costs and prevent them from using the region’s web of bilateral trade agreements.

Mega-regional deals under discussion—the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP)—would remove many such cross-border impediments, enabling multinational companies to build supply chains and production networks based on efficiencies rather than arbitrary rules.

In this report we look at a number of possible scenarios between now and 2020 depending on which deal is implemented. Taking the three most likely scenarios, we provide companies with a list of impacts on market potential and business operations, along with suggested actions to take.

What you will learn

• What do multinational companies need to know about CPTPP and RCEP
• Which scenarios are most likely to occur that executives should plan for
• How can businesses capitalize on emerging opportunities resulting from these agreements

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