Gunadi, Ariawan The Future of International Free Trade Regulation Post US Withdrawal From Trans-Pacific Partnership. Business and Corporate Law Review. ISSN 2581-2750
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Abstract
The Trans-Pacific Partnership (TPP) is a pact between 12states bordering the Pacific Ocean, which are: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, the United States (US) and Vietnam. The aim of the partnership is to integrate a sole market and boosting economic growth collectively. The agreement includes the trade barrier slashing, investment dispute settlement mechanism, environmental protection, intellectual property, and other impactful provisions toward the free trade enforcement between the states. On January 2017, Trump officially voiced US withdrawal from the agreement. Trump expressed the unfairness of the agreement toward US as TPP will negatively impact American economic and workers. The withdrawal has left the remaining members of the agreement with different perspectives toward its existence. Some states, namely Japan, Singapore, and Canada, expressed their pessimistic view on US withdrawal as TPP has, therefore, lost its essence. On the other hands, some states, like Vietnam and New Zealand, remains on their stance in the continuation of the TPP with or without the membership of the known as superpower country. The withdrawal is a new perspective under international law as this is probably US's first protectionism act as a champ of free trade of the world. This leads to a bigger question on international perspective on the destiny of the world trade liberalization after this agreement. This paper aims to analyze the continuation of TPP without the US existence in legal perspective and the future of regulation on international trade with a more "protectionism" US as the world's free trade leader
| Item Type: | Article |
|---|---|
| Subjects: | Jurnal |
| Divisions: | Fakultas Hukum > Ilmu Hukum |
| Depositing User: | Puskom untar untar |
| Date Deposited: | 24 May 2018 03:51 |
| Last Modified: | 20 Apr 2021 01:47 |
| URI: | http://repository.untar.ac.id/id/eprint/1849 |
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