Japanese Prime Minister Shinzo Abe addressed the U.S. Congress on April 29, 2015, in a speech titled "Toward an Alliance of Hope." He discussed U.S.-Japan relations after World War II, the U.S. rebalance to Asia, and trade initiatives like the Trans Pacific Partnership.
Nicaragua’s proposed Grand Canal would be one of the world’s largest engineering projects. Its proponents say it could transform the country’s economy, while critics say it could be an environmental catastrophe.
On April 23, 2015, Secretary of State John Kerry delivered remarks at the Atlantic Council's Conference on Trade and National Security. He discussed the Trade Priorities and Accountability Act of 2015 (TPA-2015) and why he supports the Trans Pacific Partnership and the Transatlantic Trade and Investment Partnership.
Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Chairman Paul Ryan (R-Wis.) introduced this legislation on April 16, 2015. The legislation allows the White House to continue pursuing trade deals such as the Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP) and allows Congress to vote on the treaties.
As supporters of the Trans-Pacific Partnership try to round up backers, they increasingly emphasise the geopolitical case for concluding a deal. But too often they overstate the case—and, in doing so, generate real geopolitical risks of their own, while also jeopardising the agreement they seek.
The United States is currently pursuing two of the largest trade deals in history, one with Asia and the other with the European Union, but concerns persist over the effects of trade on employment, inequality, national sovereignty, and safety standards.
China's new Asia Infrastructure Investment Bank has raised questions about United States policy in Asia. Several European nations, South Korea and Australia have signed on to China's initiative, which seeks to raise $50 billion to $100 billion for Asian development. While the U.S. remains cautious about this new China-led effort to fund infrastructure and development, it should welcome the participation of others.
"The Trans-Pacific Partnership would help most Americans economically and serve the country's strategic aims, and deserves the support of Congress," write CFR President Richard N. Haass and former deputy Treasury secretary Roger C. Altman.
The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »