Mega FTAs in East Asia and Their Strategies: Competition and Cooperation by Reshaping Global Supply and Value Chains

Sang-Chul Park
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引用次数: 0

Abstract

The EU’s single market provides several implications to East Asian countries building their FTAs for their regional economic integration. They participate in different mega FTAs such as the RCEP and the CPTPP. As a result, their economic interests are rather divided deeply and related to political and security issues in the Asia and Pacific region. Particularly, the trade conflicts between the U.S. and China have continued since 2018, and the U.S. negated the TPP that turned to CPTPP without the U.S., while India withdrew from the RCEP in Nov. 2019. This paper deals with Mega FTAs as well as East Asian collaboration and competition. It also argues what are East Asian countries’ economic interests by participating in the RCEP and the CPTPP as well as how to overcome the newly emerging protectionism caused by the new U.S. trade policy and trade conflicts between G2. Finally, it also analyzes the roles and strategies of China, Japan, and Korea to protect their regional and global economic interests overcoming protectionism in the global trade environment individually and collectively, while the new global supply chains are reshaping in the region.
东亚大型自由贸易协定及其战略:重塑全球供应链和价值链的竞争与合作
欧盟的单一市场为东亚国家建立自由贸易协定以实现区域经济一体化提供了若干启示。他们参与了不同的大型自由贸易协定,如RCEP和CPTPP。因此,它们的经济利益分歧很大,并与亚太地区的政治和安全问题有关。特别是2018年以来,中美贸易矛盾持续不断,美国否决了TPP,在没有美国参与的情况下转向了CPTPP,印度也于2019年11月退出了RCEP。本文讨论了大型自由贸易协定以及东亚地区的合作与竞争。文章还讨论了东亚国家参与RCEP和CPTPP的经济利益是什么,以及如何克服美国新贸易政策和G2之间的贸易冲突导致的新出现的保护主义。最后,本文还分析了中国、日本和韩国在全球贸易环境中各自和共同克服保护主义保护其区域和全球经济利益的作用和战略,同时新的全球供应链正在该地区重塑。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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