APEC 2015

The Regional Comprehensive Economic Partnership Agreement (RCEP), a mega-regional free trade agreement being negotiated by the 10-member ASEAN regional bloc and its FTA partners China, India, Japan, South Korea, Australia, and New Zealand held its 18th round of talks May 2-12 in Manila, Philippines.  The RCEP talks gained more prominence recently in the wake of the US’ withdrawal from the Trans Pacific Partnership Agreement or TPPA and the strong push from countries like Japan, Korea, Australia, and New Zealand to bring TPP standards to the RCEP negotiating table. 

This morning our Philippines Head of Office, Joseph Purugganan, appeared on the Market Edge program on ABS-CBN news to discuss the impact of Asia-Pacific Economic Cooperation (APEC) on the Philippines. 

Joseph asserts that the APEC economic agenda would lead to 1) greater inequality and wealth concentration, 2) further destruction of the environment and worsening of the climate crisis and 3) the erosion of peoples' rights. 

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