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Annual Report on the Development of International Relations in the Indian Ocean Region (2014)India and TPP: Opportunities and Challenges

Annual Report on the Development of International Relations in the Indian Ocean Region (2014):... [Actively promoted by the United States, “Trans-Pacific Partnership Agreement” (TPP) is likely to be an economic and trade integration agreement with the highest standards and the most extensive scope in the Asia-Pacific region. However, few people have always associated TPP with India despite the strong desire of India to enhance the economic ties with the countries in the Asia-Pacific region. In August 2013, the Vice-President of the United States Joseph Robinette Biden extended an invitation to Indian President Manmohan Singh to join the TPP when he visited India. Afterwards, India seems to be clearly interested in the TPP. But what does the role of India probably mean to the TPP and even the process of developing integration of this region? And what opportunities and challenges will India face when in TPP? With the qualitative and quantitative analysis of the politics and economy, this paper holds that the invitation made by the United States to India doesn’t mean India is important for the TPP, but more coming from political concerns other than economic benefits; besides, the TPP itself may bring India more challenges than opportunities in economy and India is likely to reap more actual benefits when in the RCEP, but the TPP offers India more strategic choices, so it is a possible choice for India.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Annual Report on the Development of International Relations in the Indian Ocean Region (2014)India and TPP: Opportunities and Challenges

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References (4)

Publisher
Springer Berlin Heidelberg
Copyright
© Social Sciences Academic Press and Springer-Verlag Berlin Heidelberg 2015
ISBN
978-3-662-45939-3
Pages
131 –151
DOI
10.1007/978-3-662-45940-9_6
Publisher site
See Chapter on Publisher Site

Abstract

[Actively promoted by the United States, “Trans-Pacific Partnership Agreement” (TPP) is likely to be an economic and trade integration agreement with the highest standards and the most extensive scope in the Asia-Pacific region. However, few people have always associated TPP with India despite the strong desire of India to enhance the economic ties with the countries in the Asia-Pacific region. In August 2013, the Vice-President of the United States Joseph Robinette Biden extended an invitation to Indian President Manmohan Singh to join the TPP when he visited India. Afterwards, India seems to be clearly interested in the TPP. But what does the role of India probably mean to the TPP and even the process of developing integration of this region? And what opportunities and challenges will India face when in TPP? With the qualitative and quantitative analysis of the politics and economy, this paper holds that the invitation made by the United States to India doesn’t mean India is important for the TPP, but more coming from political concerns other than economic benefits; besides, the TPP itself may bring India more challenges than opportunities in economy and India is likely to reap more actual benefits when in the RCEP, but the TPP offers India more strategic choices, so it is a possible choice for India.]

Published: Dec 22, 2014

Keywords: Trans-Pacific Partnership (TPP); India; The United States “Pivot to Asia-Pacific” strategy; Indo-Pacific; Regional Comprehensive Economic Partnership (RCEP)

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