US-Based Trans-Pacific FAILURE by President

Discussion in 'Politics' started by Wehrwolfen, Dec 1, 2012.

  1. Wehrwolfen

    Wehrwolfen Senior Member

    May 22, 2012
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    US-Based Trans-Pacific Failure by President​

    Asia Times Reporter

    President Barack Obama attended the November summit to sell a US-based Trans-Pacific Partnership excluding China. He didn't. The American led-partnership became a party to which no-one came.

    It is symptomatic of the national condition of the United States that the worst humiliation ever suffered by it as a nation, and by a US president personally, passed almost without comment last week. I refer to the November 20 announcement at a summit meeting in Phnom Penh that 15 Asian nations, comprising half the world's population, would form a Regional Comprehensive Economic Partnership excluding the United States.

    Instead, the Association of Southeast Asian Nations, plus China, India, Japan, South Korea, Australia and New Zealand, will form a club and leave out the United States.


    Read more:
    Asia Times Online :: Post-US world born in Phnom Penh

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