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U.S. seeking to boost its clout in Asia through trade
Japan Today ^ | 11/07/11

Posted on 11/07/2011 4:42:54 AM PST by TigerLikesRooster

U.S. seeking to boost its clout in Asia through trade

Politics Nov. 07, 2011 - 06:20PM JST ( 11 )

U.S. seeking to boost its clout in Asia through trade Prime Minister Yoshihiko Noda is under pressure to bring Japan into talks on the Trans-Pacific Partnership. AFP

WASHINGTON —

The United States will try to prove its mettle as an Asian power as it welcomes Pacific leaders this week to Hawaii, hoping a sweeping trade pact will bind together the fast-growing region.

President Barack Obama will show his native state to leaders of 20 other members of the Asia-Pacific Economic Cooperation forum including China, Japan and Russia at talks that will culminate Sunday.

At a time of economic doldrums in developed nations and increasing clout by China, the United States hopes to use its APEC chairmanship to set the terms of a trans-Pacific deal that could breathe life into moribund global trade talks.

Secretary of State Hillary Clinton, who will take part in the summit, recently called for the United States to make a similar investment in establishing Asia’s order as it did in post-World War II Europe.

(Excerpt) Read more at japantoday.com ...


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: asia; trade; us

1 posted on 11/07/2011 4:42:55 AM PST by TigerLikesRooster
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