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Conference

New Asia-Pacific Trade Initiatives

A Joint Conference cosponsored by the Peterson Institute and the Japan Economic Foundation

Wendy Cutler, Assistant US Trade Representative for Japan, Korea, and APEC Affairs

Peterson Institute for International Economics, Washington, DC

November 27, 2007


Summary

The Peterson Institute hosted a joint conference with the Japan Economic Foundation November 27, 2007, to discuss new Asia-Pacific trade initiatives.  The conference addressed three major topics:  the current status of bilateral and regional negotiations throughout the Asia-Pacific, the prospects for a new free trade (or economic partnership) agreement between the United States and Japan, and the outlook for a Free Trade Area of the Asia Pacific as now being considered in APEC. 

Wendy Cutler, assistant US Trade Representative for Japan, Korea, and APEC Affairs, was the keynote speaker.


Event Materials

Audio | Video

Welcoming Remarks C. Fred Bergsten, Peterson Institute
Noboru Hatakeyama, Japan Economic Foundation

 
Session I Topic Bilateral and regional FTAs and EPAs that the United States and Japan have concluded and other trade initiatives in the region
  Moderator C. Fred Bergsten, Peterson Institute
  Presenters Jeffrey Schott, Peterson Institute 
     • presentation [pdf]
Yukiko Fukagawa, Waseda University
     • presentation [pdf]
Chulsu Kim, Senior Adviser at Lee International IP & Law Group in Seoul; Chairman of Institute for Trade and Investment (ITI); Former Minister of Trade, Industry, and Energy, Republic of Korea; and former Deputy Director-General of the WTO
     • presentation [pdf]

 
Session II Topic Issues towards the conclusion of a high quality US-Japan EPA/FTA
  Moderator Noboru Hatekeyama, Japan Economic Foundation
  Presenters Scott Bradford, Peterson Institute
     • An Analysis of a Possible Japan-US Trade Agreement [pdf]
     • presentation [pdf]
Shujiro Urata, Waseda University
     • presentation [pdf]
  Discussants Edward Lincoln, New York University
Clyde Prestowitz, Economic Strategy Institute
Junichiro Kuroda, Special Advisor to the Ministry of Economy, Trade, and Industry (METI) and Director, JETRO New York

 
Keynote Speaker Wendy Cutler
Assistant US Trade Representative for Japan, Korea, and APEC Affairs
 
Session III Topic Creation of a Free Trade Area of Asia-Pacific (FTAAP)
  Moderator Chulsu Kim, Senior Adviser at Lee International IP & Law Group in Seoul; Chairman of Institute for Trade and Investment (ITI); Former Minister of Trade, Industry, and Energy, Republic of Korea; and former Deputy Director-General of the WTO
 
  Presenters Gary Hufbauer, Peterson Institute
     • Fitting Asia-Pacific Agreements into the WTO System [pdf]
     • presentation [pdf]
Noboru Hatakeyama, Japan Economic Foundation
     • The Creation of a Free Trade Area of the Asia Pacific [pdf]
C. Fred Bergsten, Peterson Institute
     • Toward a Free Trade Area of the Asia Pacific [pdf]
 
  Discussants Claude Barfield, American Enterprise Institute
Shujiro Urata, Waseda University