Successful conclusion of the RCEP, Japan-China-Korea, and TTP FTAs will be an arduous task for Japan, requiring heretofore seldom seen political leadership and diplomatic skill.

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Asean countries and China, Japan, South Korea, India, Australia and New Zealand have also launched negotiations for the Regional Comprehensive Economic Partnership (RCEP) trade pact, which seeks to strengthen regional trade.

BBC: Obama at Asean summit urges nations to ease sea rows

Yesterday, May 9, representatives of Japan, China, South Korea, Australia, New Zealand, India, and the ten countries of ASEAN convened in Brunei for the inaugural negotiation of what is hoped will become by 2015 the Regional Comprehensive Economic Partnership (RCEP) free trade agreement.

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