Oceania
Rival trade pacts vie for Pacific hegemony
China is proposing a Free Trade Area of the Asia Pacific (FTAAP) in a race with the US-backed Trans-Pacific Partnership (TPP) for hegemony in the Asia-Pacific region.
Tag: New Zealand
Oceania
US, New Zealand restore military cooperation
Leon Panetta in Auckland announced that US naval cooperation with New Zealand will be resumed—cut off in 1985, when the Pacific nation declared itself a nuclear-free zone.
East Asia
Pacific FTAs advance amid Sino-Japanese tensions
China and Japan are moving ahead with new Free Trade Agreements such as the ASEAN+6 pact and the Trans-Pacific Partnership, even amid escalated military tensions.