Media Advisory
Prospects for Japan Joining the Trans-Pacific Partnership
February 22, 2013
Today President Obama and Japan's Prime Minister, Shinzo Abe, meet to discuss security and a potential free trade pact, the Trans-Pacific Partnership (TPP). Prime Minister Abe indicated that today's conversations will affect whether he supports Japan participating in the free trade negotiations. His concern is whether the TPP is in Japan's economic interest. Will President Obama persuade Prime Minister Abe that it is in Japan's interest to join the TPP?
Experts participating in a recent Peterson Institute conference explained why the TPP could play a crucial role in Japan's efforts to revamp its economy. The transcript from the panel [pdf] is available online, as well as video of the discussion.
Conference panelist Jeffrey Schott's new book, Understanding the Trans-Pacific Partnership, is a thorough appraisal of the main unresolved issues and the prospects for completing the negotiations.
A second book written by Peter Petri, The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment, is the most extensive analysis to date of the likely economic benefits of the TPP itself and the numerous Asia-only agreements that are already in place or under simultaneous consideration.
Following today's summit meeting with President Obama, Prime Minister Abe will deliver a press conference at 5:05 p.m. EST. If you would like to speak with Jeffrey Schott or Peter Petri before or after the press conference, please contact Brian Reil at media@piie.com or 202-553-9018.
Brian Reil
Media Liaison
Peterson Institute for International Economics
1750 Massachusetts Avenue, NW
Washington, DC 20036
media@piie.com
www.piie.com
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