President Obama and Japanese Prime Minister Abe Shinzo held this press conference on April 24, 2014, and released several fact sheets on U.S.-Japan collaboration in the areas of security, stability and prosperity, technology, and energy. President Obama traveled to Japan, South Korea, Malaysia, and the Phillipines as part of his administration's rebalance to Asia, a policy to strengthen U.S. economic and political relations in the region.
According to a press release from the European Union, EU-Ukraine Association Agreement is the "first agreement based on political association between the EU and any of the Eastern Partnership countries, and is unprecedented in its breadth (number of areas covered) and depth (detail of commitments and timelines)." After Russia presented an alternative trade agreement, the President of Ukraine, Viktor Yanukovych, did not sign the EU-Ukraine Association Agreement. Yanukovych was removed from power through revolution in February 2014 and Ukranian Prime Minister Arseniy Yatseniuk signed the political section of the agreement on March 21, 2014.
In 1992, when Canadian Prime Minister Brian Mulroney sat down with Mexican President Carlos Salinas and U.S. President George H. W. Bush to sign the North American Free Trade Agreement, free trade was still a matter of fierce national debate in Canadian politics.
Secretary of State John Kerry spoke at the World Economic Forum in Davos on January 24, 2014, discussing the United States' global commitments in trade, economic development, foreign relations, and conflict resolution.
The Obama administration has embraced the most ambitious agenda on trade and investment liberalization in the past two decades, but more must be done to remove trade barriers in services, which is where the United States is most competitive, according to Ted Alden.
"Arctic shipping will remain of limited importance to China, as it will for the rest of the world. Future shipping in the Polar region will mostly consist of seasonal destinational transport, delivering supplies into the Arctic for its increasing economic activity and transporting the region's natural resources to markets in East Asia."
"In the last three to four decades, government and business have been part of a far-reaching economic transformation, made possible by remarkable advances in information, communication and transport technologies. The proliferation of internationally joined-up production arrangements – that is, global supply chains – has changed our economic and political landscape in fundamental ways."
The Obama administration has a tremendous opportunity to forge a new approach on tobacco that balances U.S. mandates on trade with its obligations to promote public health at home and abroad, writes CFR Fellow Thomas Bollyky.
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