The contents of a partly private, party public talk with the Prime Minister of Thailand Abhisit Vejjajiva in Tokyo on Sunday afternoon after the Apec summit about the vision of an trans-pacific free trade zone were published in the German financial daily Financial Times Deutschland (FTD).
Prime Minister Abhisit was surprisingly bullish about the prospects of a regional free trade zone. “It is serious”, he said.
He also said, that the discussions are speeding up, and hinted, that we might see the formation of the worlds largest free trade zone even before 2020, the current target date of the Apec.
The development is highly relevant, because many people think, that the free trade agenda will fail amid the crisis. But there are signs of hope, that the countries are pushing for deals. And the best: Especially the Asian leaders seem not only to consider how to make the big corporations and the wealthy richer, but also how to distribute wealth more evenly in their respective societies.
Unfortunately, the article in the FTD is hidden behind the paywall. But I published some information on my German blog Martin Köllings Japan-Notizen (Letters from Japan). It is in German though.
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