Economic Integration with the Neighbours - a Good Thing?

Economic Integration with the Neighbours - a Good Thing?

Japan is seeking closer economic relations with its neighbours by signing up to the Trans-Pacific Partnership (TPP). The UK, by contrast, is heading in the opposite direction, with increasing talk of leaving the European Union (the EU). So who is right?

The EU was founded largely as a way of binding former enemies together through trading links. The same motivations may be a factor in Asia, which suffers a continued legacy of friction and disputed borders dating back at least to World War II. In that sense, is it job done for the EU? And what will the economic impact be if the UK leaves it? Conversely, what does Japan stand to gain from the TPP? And can Prime Minister Abe push a deal through against the opposition of powerful forces such as the agricultural lobby?

Contributors:
Naoki Ito is Minister (Economic), at the Embassy of Japan, London.

Janet Henry was appointed as HSBC’s Chief European Economist in April 2007 and is a member of the Shadow European Central Bank Council

This event is free but booking is essential. Places can be booked at: http://www.dajf.org.uk/events/booking-form.