An Analysis Of The Causes And Challenges Of Participation In TPP Negotiations In Australia

Australia attends TPP negotiation when America leads the process of TPPnegotiation and plays an important role in it. There are many reasons for Australia todo this. From historical aspect, Australia may concern the close relationship withAmerica and Asia. In addition, Australia has the tradition of free trade thus is keen onAsia-Pacific cooperation. From reality respect, Australia wants to reinforce therelationship between Australia and America and integrate complicated FTAs as wellas expand the scale of trade. Australia wishes to realize its strategy, which meanseconomic growth and be a medium-sized power. But TPP is so complicated. Itcontains too many members, approaches too many areas and sets a higher standardthan other negotiations. Therefore, if Australia wants to conclude this negotiationsuccessfully, it faces a lot of challenges, which include the issue of intellectualproperty and the debate of agricultural access. Besides, China, who is the biggesttrading partner, is excluded by TPP, in order to solve this problem, Australiaconcluded its free trade negotiation with China at the end of2014and showed itsinteresting of attending Asia Infrastructure Investment Bank. From this, we can seeAustralia-China relationship won’t be affected too much for the reason of TPP unlessthere is a big exploration of new military confrontation or ideological confrontationworldwide. The best situation for Australia may be participated in varies ofnegotiations and can take a share of the spoils whatever measures realized in this area.