IBS North America
International Business Strategy

The last week-end, the U.S. and other Pacific countries met in Honolulu (Hawaii) for the APEC meeting (Asian Pacific Economic Cooperation). In this circumstance, the leaders announced their acceptance of a framework for the Trans Pacific Partnership, a regional free trade agreement comprising the U.S., Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.

This agreement that cut China and Japan would coordinate regulations in the Pacific region and would be the basis for building the rules for international trade and investment in the region for years to come.