The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) currently under negotiation between Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam. The negotiating partners have expressed an interest in allowing this proposed “living agreement” to cover new trade topics and to include new members that are willing to adopt the proposed agreement’s high standards. To that end, Canada, Japan, and Mexico recently stated that they would seek consultations with the partner countries about the possibility of joining the negotiations.The TPP negotiations are of significant interest to Congress. Congressional involvement includes consultations with U.S. negotiators on and oversight of the details of the negotiations, and eventual consideration of legislation to implement the final trade agreement. In assessing the TPP negotiations, Members may be interested in understanding the potential economic impact and significance of TPP and the economic characteristics of the other TPP countries as they evaluate the potential impact of the proposed TPP on the U.S. economy and the commercial opportunities for expansion into TPP markets.This report provides a comparative economic analysis of the TPP countries and their economic relations with the United States. It suggests that the TPP negotiating partners encompass great diversity in population, economic development, and trade and investment patterns with the United States. This economic diversity and inclusion of fast-growing emerging markets presents both opportunities and challenges for the United States in achieving a comprehensive and high standard regional FTA among TPP countries.The proposed TPP and its potential expansion are important due to the economic significance of the Asia-Pacific region for both the United States and the world. The region is home to 40% of the world’s population, produces over 50% of global GDP, and includes some of the fastest growing economies in the world. While current TPP negotiating partners made up about 5% of U.S. trade in 2010, Asia-Pacific economies as a whole, made up over 60%.The United States is the largest TPP market in terms of both GDP and population. In 2010, nonU.S. TPP partners collectively had a GDP of $2.3 trillion, 16% of the U.S. level, and a population of 195 million, 63% of the U.S. level. Entry of Canada, Japan, and/or Mexico would increase the economic significance of the agreement on both these metrics. Among the TPP partners, the majority of overall U.S. trade and investment flows are with Australia and Singapore. In merchandise trade, however, the United States imports more from Malaysia than any other TPP country. Considering the TPP region collectively, over 25% of all U.S.-TPP imports and exports are in computers/electronic components. At the bilateral level, top U.S. exports are largely in the same major product categories, but top U.S. imports vary considerably by country.There are four U.S. bilateral FTAs in place with current TPP partners: Australia, Chile, Peru, and Singapore. All other TPP partners except Peru, have agreements in place with five or more of the other TPP partners. The Association of Southeast Asian Nations (ASEAN), of which Brunei, Malaysia, Singapore, and Vietnam are members, accounts for much of this existing interconnectedness. Moreover, ASEAN agreements with larger regional economies (e.g., China, Japan, and Korea), present a second possible avenue for Asia-Pacific economic integration, albeit one that currently excludes the United States.
Crimes against international students in Australia: 2005–09
Source: Australian Institute of Criminology
A key part of the Australian Institute of Criminology’s role is to provide a capacity to investigate new and evolving crimes and in the past two years, there has been significant interest in determining the nature and extent to which international students studying in Australia are victims of crime.
Detailed findings are provided from what is the most comprehensive student victimisation study ever conducted in Australia, based on an analysis of Department of Immigration and Citizenship international student visa records for more than 400,000 students matched with police crime victimisation records. In addition, supplementary analysis of the AIC’s National Homicide Monitoring Program (NHMP) database, as well as the Australian component of the 2004 International Crime Victimisation Survey (ICVS), are used to provide additional context to the AIC’s investigation.
Primarily, this research was designed to provide the best available estimation of the extent to which international students have been the victims of crime during their time in Australia and to determine whether international students are more or less likely than an Australian comparison population to have experienced crime.
This report provides the best available estimation of the extent to which international students have been the victims of crime during their time in Australia and has enabled the rate of recorded crimes experienced by international students from the five largest source countries (People’s Republic of China, India, Malaysia, the Republic of Korea (South Korea) and the United States) to be compared with the rate for Australian reference populations. While this research has not answered the question of whether attacks against overseas students are racially motivated, the findings from this research do point to other factors such as employment and the use of public transport, that influence the risk or likelihood of overseas students experiencing crime. This provides direction for crime prevention efforts to reduce the risk of crime for this population.
This report represents the culmination of the AIC’s research into crimes against international students.
Vietnam business guide (PDFs)
Source: Department for Business Innovation & Skills
Overview of how to do business in Vietnam, a high-growth market for the UK. Covers researching the market, market entry and business issues and considerations. Intended for UK businesses. See also the Philippines (11/689), Thailand (11/690) and Malaysia (11/691) business guides that were also published 19 April 2011.