White House National Security Advisor Robert O. Bryan will lead a United States delegation to two Southeast Asian virtual summits this weekend The White House announced in a statement Friday.
The White House said O’Brien would represent America at a summit with 10 members The Association of Southeast Asian Nations (ASEAN) is starting US time on Friday evening.
She is then scheduled to attend an East Asia summit in Hanoi, Vietnam. This discussion is expected to be signed According to the 15-Asia-Pacific economies China-backed Regional Comprehensive Economic Partnership (RCEP), which may be the world’s largest free trade agreement Reuters.
“Ambassador O’Brien will confirm the United States’ commitment to prosperity and security in the Indo-Pacific region during virtual remarks, “the White House said in its statement.
The US has been represented at the East Asia Summit for the third year since O’Brien’s appearances.
President TrumpDonald John Trumptramp: New York won’t immediately receive COVID-19 vaccine, considering Biden Yellen as potential Treasury Secretary: Report Trump puts Giuliani in charge of election lawsuits: report and Attended the US-ASEAN summit in Manila in 2017, but did not attend a full East Asian summit meeting according to Reuters. The US was represented by Vice President Pence at the 2018 meetings in Singapore, while O’Brien led the summit held in Thailand in 2019.
RCEP includes member countries of ASEAN The Philippines, Singapore and Thailand, as well as China, India and Japan are partners of free trade agreements. The agreement does not include the US.
Many view the economic partnership as a method by China to increase its influence throughout the Pacific, as the Trump administration acted as part of Trump’s “America First” foreign policy in the trade war with Beijing is.
The regional agreement is expected to eliminate more than 90 percent of tariffs on imports between countries within 20 years, and will also establish guidelines on trade, e-commerce and intellectual property, South China Morning Post.
RCEP differs from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Which includes 99 percent elimination on tariffs, and also outlines provisions on environmental and labor standards.
The CPTPP was pulled out of another trade deal, the Trans-Pacific Partnership (TPP), negotiated under former President Obama. Trump removed the US from the TPP in 2017, arguing that the treaty’s attempt to create a single market would harm American workers.
US International Trade Commission And this Peterson Institute for International Economics The TPP is estimated to have increased US annual real income by $ 57.3 billion, 0.23 percent and $ 131 billion, 0.5 percent, respectively.