The White House National Security Adviser Robert O’Brien will lead the US delegation at two virtual summits in Southeast Asia this weekend. The White House announced in a statement Friday.
The White House said O’Brien will hold a summit with 10 members on behalf of the United States The Association of Southeast Asian Nations (ASEAN) will start on Friday night, US time.
Then, he plans to attend the East Asia Summit in Hanoi, Vietnam on Saturday.It is expected that the discussion will include signing According to the Regional Comprehensive Economic Partnership (RCEP) supported by 1
“Ambassador O’Brien will reiterate the United States’ commitment to the prosperity and security of the Indo-Pacific region in a virtual speech. “The White House said in a statement.
O’Brien’s appearance marks the third consecutive year that the United States has participated in the East Asia Summit.
President TrumpDonald John Trump Trump: Trump will not consider Biden to immediately elect Yellen as Secretary of the Treasury, and New York will not receive the COVID-19 vaccine immediately: Reports say Trump is holding Giuliani accountable Election litigation: report more According to Reuters, he participated in the 2017 US-ASEAN summit in Manila, but has not yet participated in the full East Asia summit. The United States was represented by Vice President Pence at the 2018 Singapore Conference, while O’Brien took the lead at the 2019 Thailand Summit.
RCEP includes ASEAN member states such as The Philippines, Singapore and Thailand, as well as China, India and Japan, and other free trade agreement partners. The agreement does not include the United States.
At a time when the Trump administration has engaged in a trade war with Beijing as part of Trump’s “America First” foreign policy, economic partnership is seen by many as a way for China to influence the entire Pacific region.
According to the regional agreement, it is expected that the regional agreement will eliminate up to 90% of import tariffs between countries within 20 years, and will establish guidelines on trade, e-commerce and intellectual property. South China Morning Post.
RCEP is different from the Comprehensive Progress Agreement for Trans-Pacific Partnership (CPTPP), Which includes the abolition of 99% tariffs, and also outlines regulations on environmental and labor standards.
The CPTPP was obtained from the Trans-Pacific Partnership (TP-TP), another trade agreement negotiated by former President Obama. Trump withdrew the United States from the TPP in 2017, saying that the treaty’s attempt to create a single market would harm American workers.
of U.S. International Trade Commission with Peterson Institute for International Economics It is estimated that the TPP will increase the actual annual income of the United States by 57.3 billion US dollars, 0.23% and 131 billion US dollars, 0.5%.