ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Emerging Trade Alliances in Asia

M G G Pillai THE contretemps over an Asian trade caucus has become a bilateral conflict bet- ween the United States and Malaysia, with the United States opposing the East Asian Economic Caucus (EAEC), a downgraded version of the Malaysian proposal for a regional economic grouping. The Association of South-East Asian Nations (ASEAN) has since adopted it as an independent, subordinate institution to the Australian- proposed Asia Pacific Economic Cooperation (APEC). But the United States wants only one regional group, APEC; besides it objects to any organisation which Japan would inevitably dominate and from which it would be excluded.

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