Free Trade Agreements in Asia: Implications for Taiwan and the United States

Earlier this year Taiwanese President Ma Ying-jeou announced that his government is pursuing an economic cooperation agreement framework (ECFA) with China. The details of the prospective deal are as yet unclear, but many expect that it will be akin to a free trade agreement (FTA). Taiwan’s pursuit of an ECFA is not surprising given Asia’s growing number of intra- and extra-regional free trade accords. China’s FTA with the Association of Southeast Asian Nations comes into effect next year and there are ongoing negotiations for South Korea–Japan and South Korea–European Union FTAs, to name a few. The proliferation of free trade in Asia is a promising sign for that region’s continued economic development, though the long-term effects may not be entirely positive for all concerned parties.

What are the ECFA’s implications for Taiwan and the United States? How will the various new FTAs impact Taiwan? How will they affect the American economy? What are the strategic implications of a growing web of FTAs, of which the United States is not a part? At this AEI event on September 21, leading scholars will offer their insights on these pressing questions.

About the Author

 

Claude
Barfield
  • Claude Barfield, a former consultant to the office of the U.S. Trade Representative, researches international trade policy (including trade policy in China and East Asia), the World Trade Organization (WTO), intellectual property, and science and technology policy. His many books include Free Trade, Sovereignty, Democracy: The Future of the World Trade Organization (AEI Press, 2001), in which he identifies challenges to the WTO and to the future of trade liberalization.
  • Phone: 2028625879
    Email: cbarfield@aei.org

 

Dan
Blumenthal
  • Dan Blumenthal is a current commissioner and former vice chairman of the U.S.-China Economic and Security Review Commission, where he directs efforts to monitor, investigate, and provide recommendations on the national security implications of the economic relationship between the two countries. Previously, he was senior director for China, Taiwan, and Mongolia in the Secretary of Defense's Office of International Security Affairs and practiced law in New York prior to his government service. At AEI, in addition to his work on the national security implications of U.S.-Sino relations, he coordinates the Tocqueville on China project, which examines the underlying civic culture of post-Mao China. Mr. Blumenthal also contributes to AEI's Asian Outlook series and is a research associate with the National Asia Research Program.
  • Phone: 202-862-5861
    Email: dblumenthal@aei.org
  • Assistant Info

    Name: Lara Crouch
    Phone: 202-862-7160
    Email: lara.crouch@aei.org

 

Philip I.
Levy
  • Philip I. Levy's work in AEI's Program in International Economics ranges from free trade agreements and trade with China to antidumping policy. Prior to joining AEI, he worked on international economics issues as a member of the secretary of state's Policy Planning Staff. Mr. Levy also served as an economist for trade on the President's Council of Economic Advisers and taught economics at Yale University. He writes for AEI's International Economic Outlook series.

    Follow Philip Levy on Twitter


  • Phone: 202-862-5890
    Email: philip.levy@aei.org
  • Assistant Info

    Name: Chad Hill
    Phone: 202-862-5862
    Email: chad.hill@aei.org
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