article thumbnail

The Indo-Pacific Economic Framework (IPEF): What Is It and Why Does It Matter?

Resilinc

As of negotiations on May 27 , the IPEF includes the US and 14 Asia-Pacific nations: Australia, Brunei, Fiji, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam—that together represent 40% of the world’s GDP.

article thumbnail

Don’t Fret: Trans-Pacific Partnership (TPP) Agreement will not play havoc with the economic development of developing countries

The UCLA Anderson Global Supply Chain Blog

TPP is a unprecedented trade deal in history because it involves 12 countries (United States, Japan, Australia, Peru, Malaysia, Vietnam, New Zealand, Chile, Singapore, Canada, Mexico, and Brunei Darussalam), which accounts for 40% of global trade. (The trillion and US was second with US$ 3.9 trillion.) .

Brunei 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. For some Americans, the holiday comes and goes without them even noticing.

How To 136
article thumbnail

What is the Trans-Pacific Partnership (TPP)? Guest Post by Arun Gupta, PhD

Supply Chain View from the Field

In its current form the Trans-Pacific Partnership (TPP) is a potential free trade agreement (FTA) between the US and 11 Asia-Pacific (APAC) countries (Canada, Mexico, Peru, Chile, Japan, Vietnam, Brunei, Singapore, Australia, Malaysia, and New Zealand). The United States currently has FTA’s with six (6) of the 11 TPP countries.

Brunei 76
article thumbnail

6 Answers for Your Top TPP Agreement Questions

CH Robinson Transportfolio

Essentially it is a proposed trade agreement between 12 countries—the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Here are the top six questions our customers are asking about the TPP agreement. What is the TPP agreement?

article thumbnail

Why Global Trade Agreements must be part of your supply chain planning: Guest Post by Tim Barnes

NC State SCRC

There is an overlap of countries that are party to both the TPP and RCEP, however for those nations, such as Japan, Vietnam, Malaysia, Australia, New Zealand, Singapore and Brunei, most have gone on the record saying that they see the US led TPP as the most critical and inclusive, and will put the RCEP on hold pending the decision on TPP.

article thumbnail

Inventory planning to reduce Chinese New Year disruption

EazyStock

Chinese New Year shutdowns Every year factories in China (and other countries that celebrate the Lunar New Year, such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei) shut down so that their workers can celebrate Chinese New Year. In 2024, this will be from February 9-15.