The National quotes Brent Scowcroft Center Resident Senior Fellow Robert Manning on the significance of reaching a Trans-Pacific Partnership (TPP) trade agreement:
Australia’s trade minister Andrew Robb, one of the participants in the talks in Hawaii, said last week the TPP was still “doable” with 95 per cent of the deal completed, but many analysts, including The Economist’s Simon Baptist, have already sounded the pact’s death knell. Robert Manning, a senior fellow at the Atlantic Council, believes the chances are even of reaching an agreement this year.
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“The TPP is important for maximising the US economic role in the region, and perhaps more so in setting standards,” Mr Manning told The National.