Comparing RCEP, AEC and TPP
CHINA
VIETNAM
SOUTH
KOREA
CAMBODIA
LAOS
JAPAN
INDIA
BRUNEI
MYANMAR
PHILIPPINES
THAILAND
MALAYSIA
SINGAPORE
Regional
Comprehensive
Economic
Partnership (RCEP)
Asean and its regional trade partners
INDONESIA
NEW ZEALAND
AUSTRALIA
• Nominal GDP (2015) : 32% of world markets
• Population (2015) : 48% of world total
• Merchandise trade (2011) : 28% of world total
• Status: Members are trying to conclude negotiations by end of 2017
MYANMAR
LAOS
THAILAND
VIETNAM
MALAYSIA
PHILIPPINES
BRUNEI
SINGAPORE
INDONESIA
CAMBODIA
Asean
Economic
Community
(AEC)
Economic Community of
South-east Asian countries
• Nominal GDP (2015): 3.1% of world markets
• Population (2015): 8.8% of world total
• Merchandise trade (2011): 6.5% of world total
• Status: The community was formed in December, 2015
CANADA
US
JAPAN
VIETNAM
MEXICO
PERU
MALAYSIA
SINGAPORE
BRUNEI
NEW ZEALAND
CHILE
Trans-Pacific
Partnership
(TPP)
With the US, it would have been one
of the world’s largest trade deals
AUSTRALIA
• Nominal GDP (2015): 30% of world markets
• Population (2015): 9.4% of world total
• Merchandise trade (2011): 21% of world total
• Status: Japan wants to lead the 11-country pact, sans the US.
But there is talk that the US might reverse its policy on TPP.
Source: PRESENTATION BY MR IMAN PAMBAGYO, DIRECTOR GENERAL FOR INTERNATIONAL TRADE NEGOTIATIONS, INDONESIA
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