In a recent article in the Nikkei Asian Review, the subject of counterfeit goods under the TPP deal is discussed, specifically, goods that are produced and imported into Vietnam. Japan has stepped in to help Vietnam bolster their copyright protections and reduce the amount of ‘knockoff’ products. All of this is part of an effort to help emerging economies like Vietnam, comply with the new rules of intellectual property under the TPP. Japan also plans to help countries such as Malaysia. What can Japan do to help Vietnam? In what ways will this help Vietnam’s economy? In what ways may it hurt Vietnam’s economy?
In a recent article in the HuffPost, side talks between the U.S. and Japan during crucial TPP negotiations is discussed. Japanese officials reported that they were under the impression that the U.S. was representing both Canada and Mexico. Canadian and Mexican officials disputed this fact and were upset by the Japanese assumption. The negotiations were to allow more Japanese auto parts into the North American auto industry. How may Japanese relations with Canada and Mexico be affected in the future? How may U.S. relations with Canada and Mexico be affected? How may Japanese and U.S. relations be affected?
A recent article in, The Bangkok Post, Discusses Japanese Businesses efforts to persuade the Thai government to join the Trans Pacific Partnership. Their goal is to boost trade between Japan and Thailand under the new deal. Meeting with Prime Minister Prayut Chan-o-cha, the JCCI’s Akio Mimura and other top Japanese executives discussed the possibilities of Japan and Thailand cooperating in technology innovations and production. How may Japan benefit from Thailand’s inclusion in the TPP? How may Thailand benefit from the TPP? Will Thailand eventually become a member of the TPP?
An article in, The Diplomat, discusses the repercussions that will come from the resignation of Minister Akira Amari. Amari was the principle politician that headed the Japanese plans for the TPP. He was responsible for Japan’s economic and fiscal policy under the Abe administration. Due to allegations that he and several of his aides received bribes of $100,000, Amari had no other choice to resign. While Amari still claims his innocence he feels that his presence and that of the current allegations would take away from all the progress being made with the new TPP deal. How may the resignation of Amari affect the long-term success of the TPP? Should Amari and his aides be investigated? How may the TPP and Japan benefit from his resignation?
In a recent article in, The Japan Times, details about Ford’s decision to move out of the Japanese market was discussed. Poor market conditions were the main reason for the decision along with a bleak economic outlook. With the signing of the new TPP deal, of which Japan is a part of, Ford foresaw even tougher competition in its already uphill battle with domestic automobile manufacturers. Last year Ford only sold 5,000 cars in Japan. What negative results will Japan see with Ford pulling out of the automobile market? Where else may Ford be able to get a foothold in Asia? How does this affect Ford’s business going forward?
In a recent article in The Japan Times, Japan is expected to see a 23% boost in exports. Most of this increase will come in the form of electronics. This a result of the TPP cutting 87% of tariffs on industrial products. Japan will also see a boost in agricultural exports specifically beef. How will this boost affect the importation of these products into Japan? How will this affect other countries domestic products? Where might Japan see a decrease in exports?
In a January 8th article in the Nikkei Asian Review, It discusses the predicted implications for the 12 member TPP alliance. In a positive projection, all members GDP will increase by an average of 1.1%. Southeast Asian countries will benefit the most with Vietnam projected at a 10% increase, Malaysia at an 8% increase and Brunei with 5%. This all bodes well for Japan as many of these countries are looking to expand business opportunities for Japanese companies. How will Japan’s GDP be affected? What type of business will grow for Japan in Southeast Asia? Will these Southeast Asian countries really grow this much under the new TPP deal?