The 61% pro-Brexit vote in Sunderland is what happens when cities fail to recognise the ways in which the global economy has changed, and when they fail to connect the dots between the global economy and individual livelihoods at home.
RCEP countries have an opportunity to discuss how some of these NTMs could be reduced or eliminated. One useful place to begin may be the reduction and elimination of duplicative testing and recognition of similar standards across RCEP countries.
Last week, the United States International Trade Commission (USTIC) released a keenly awaited report on the economic benefits of the Trans-Pacific Partnership (TPP). While the sizable document suggested only modest gains for the United States, viewed from Asia, the costs of staying out of the TPP look considerably higher.