US and Indo-Pacific countries start NON-TPP trade talks to rebalance value chains
The talks include Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, Vietnam and the United States. NOT TPP 2.0: Three decades of 'hyperglobalization' had already made the old business model politically toxic." "So the supply chain crisis revealed by COVID has fueled an even broader demand for a new approach that reverses the concentration of production of goods and services in too few companies and countries." [US, Indo-Pacific countries launch new-generation trade talks - The Jakarta Post - The Jakarta Post]
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