The China-Korea-Japan FTA: The US perspective

Reuters

China's Foreign Minister Wang Yi (2nd R) talks to his Bruneian counterpart Prince Mohamed Bolkiah (3rd R), as Japan's Foreign Minister Kishida Fumio (2nd L) and South Korea's counterpart Yun Byung-se (3rd L) wait for a group photo session before the 14th Association of Southeast Asian Nations (ASEAN) Plus Three Foreign Ministers Meeting during the 46th ASEAN Foreign Ministers' Meeting in Bandar Seri Begawan June 30, 2013.

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The proposed China-Japan-Korea (CJK) FTA, if it comes to fruition, will be a major economic accomplishment in its own right; but it will also constitute an important milestone and potential way station on the road to a region-wide FTA, embodied in previous proposals for an ASEAN+6 agreement and in the recently launched negotiations for a Regional Comprehensive Economic Partnership (RCEP) agreement. This chapter analyzes the implications for the United States of the CJK FTA against the background of competing pathways to an ultimate regional economic architecture.

Barfield: The US Perspective
Barfield: The U.S. Perspective
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