Wehrwolfen
Senior Member
- May 22, 2012
- 2,750
- 340
- 48
US-Based Trans-Pacific Failure by President
Asia Times Reporter
12/01/2012
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.
(Excerpt)
Read more:
Asia Times Online :: Post-US world born in Phnom Penh
