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The PECC Discussion Forum provides op-eds and relevant news in the PECC community. The opinions contained in the Discussion Forum submissions are the sole responsibility of the authors and do not necessarily reflect those of PECC or its member committees.

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Joaquim Tres,
Principal Specialist of the Integration and Trade Sector, Inter-American Development Bank (IADB)

Trade agreements cover 70% of all trade in Latin America and the Caribbean (LAC). Of the 270 free trade agreements (FTAs) currently in effect around the world, more than 70 include LAC countries.

In order to understand the impact of these agreements on the region, the Inter-American Development Bank (IDB) will launch a massive open online course (MOOC) on how they work and what they mean for governments, businesses, and people in LAC.

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in PECC Forum 495

Steven Beck, Head of Trade Finance, ADB
Alisa DiCaprio, Research Fellow, ADB Institute

Over 31 million consumers in Viet Nam researched or purchased a product online in 2015. Just ten years ago, internet connectivity was only starting to become common. Digitization is changing how people trade. There are even more dramatic changes happening under the hood. The way trade is financed, processed and regulated has entered a period of disruption. We take this opportunity to consider the short and long term implications of digitization of the trade process. They’re not what you’d expect.

Loosening infrastructure constraints

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in PECC Forum 592

Stephan W. Schill
University of Amsterdam

European and North American capital exporting countries have shaped international investment law for most of its history. They pushed for the customary international minimum standard of protection, forged the classical model of bilateral investment treaties (BITs) and now drive the present recalibration of international investment law. Despite counter-proposals from the ‘South’ over decades, the making of international investment law has been essentially a transatlantic enterprise with the ‘North’ as predominant global rule-maker.

But the past years have witnessed a marked shift in the geography of international investment law. Despite the Transatlantic Trade and Investment Partnership (TTIP) negotiations, there is little doubt that Asian countries, and particularly the economic powerhouses in the Far East, are becoming focal points in rule-making in international investment law.

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in PECC Forum 2045

John West
AUSPECC

Trade and regional integration must become more inclusive in the Asia-Pacific in order to win the support of public opinion, writes John West.

This note is inspired by the excellent press release, "Regional Solutions Needed for Global Challenges", issued by the Pacific Economic Cooperation Council (PECC) following a recent conference in Jakarta which explored the challenges for next phase of regional cooperation and the role of the media in communicating the benefits of trade and regional integration.

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in PECC Forum 3294

Camilo Pérez-Restrepo
Professor in Asia-Pacific Studies / Deputy Coordinator of the Asia-Pacific Studies Center at Universidad EAFIT, Colombia

The Asia Pacific Economic Cooperation (APEC) is back in Latin America for the first time since 2008, when Peru hosted the forum amid the global economic crisis. At that time there were concerns about raising protectionism across the region and increasing demands to reform the global financial system. In 2016, APEC takes place again in Peru, in a new context of economic growth in most of its member economies, but also during a moment when important structural reforms are taking place to secure better quality growth and better conditions for human development.

This article provides Canadian policy makers and businesses with a fresh perspective on APEC, its priorities in 2016, and the role and influence of Latin American economies. After a brief overview of APEC, the article provides context for Latin America-Asia relations, a matter of importance in view of Peru’s chairing of APEC in 2016. Peru’s dual chairing of APEC and the Pacific Alliance will potentially see Peru capitalize on opportunities for convergence between the organizations. The article then explains the APEC 2016 agenda with reference to the Latin American context, and concludes with a discussion of implications for Canada.

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in PECC Forum 7311

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PECC&JP Conference

PECCJP

Global Challenges and Regional Solutions:
Engaging Stakeholders
25 April, 2016
 Jakarta