TPP risks a weaker global trading system, says ex-WTO head

Mon, 21 Jul 2014

by Pattrick Smellie In New Zealand for a meeting of the honorary advisers to the Asia-New Zealand Foundation, Supachai told BusinessDesk in an interview that Asian economies had more to gain by pursuing the Regional Comprehensive Economic Partnership (RCEP), which includes China and India but not the US, than TPP, which he described as a "US-centric" trade deal. New Zealand is one of three countries that initiated the TPP concept and has committed substantial resources to its negotiation, but it only gained momentum once the US became...

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