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Time for Asia to Think Big
December 7, 2015 | HSBCEstimated reading time: 3 minutes
Looking to the future, the TPP is a living agreement that is able to change as circumstances demand, with the potential for more countries to join. Indonesia did not join at the beginning – nor did China, the Philippines, Thailand or South Korea – but each has expressed interest in potentially taking part later.
This ability to grow is a key strength, and it opens up the possibility for the TPP to include a greater number of Asia's major economies. As that happens, it will come closer to becoming a deal that captures the region in its entirety; something that would cement Asia's central position in the global economy.
The TPP is just one of three trade agreements in the region demonstrating that politicians have the will to promote free trade. Now is the time to capitalise on the huge strides underway and think on an even greater scale.
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