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The Model Regulations and the GHS are also available in all official languages on the website of the Transport Division of the United Nations Economic Commission for Europe (www.unece.org trans danger danger.htm).

WASHINGTON, DC Looking for ways to stimulate economic growth and create jobs, US President Barack Obama s administration is seeking to press ahead with the mega regional free trade deal known as the Trans Pacific Partnership (TPP). But is the US going about it the right way?

Frustration cannot grow faster than opportunity in any country. For example, the negotiations on the Trans Pacific Partnership (TPP) reflect President Obama s determination to strike an accord with countries that represent one third of global trade and 40 of global GDP.

Economic integration is a hot topic in the region. From the negotiation of the mega regional Trans Pacific Partnership to the establishment of China led investment platforms including the Silk Road Fund and, most recently, the Asian Infrastructure Investment Bank (AIIB) Asia is becoming more interconnected than ever.

The US would, of course, need to respond to the conclusion of any trilateral Northeast Asian FTA in order to preserve its own role in global trade and in the supply chains that dominate the Asian economies. It would likely seek to expand and deepen the infant Trans Pacific Partnership, the trade agreement that President Barack Obama committed the US to last year.

The Trans Pacific Partnership (TPP) is further along, and involves 11 countries, besides the US, that collectively produce as much as 40 of global output but China, crucially, is not among them. The Transatlantic Trade and Investment Partnership (TTIP) with the European Union has an even more ambitious reach, promising to join two giant regions that together account for half of world trade.

Unfortunately, the TPP s provisions remain secret meaning that it cannot be seen or discussed by members of the public. (Members of Congress may read the technical text, under restricted conditions, but are not allowed to describe its contents in detail.)

Congressional proposals to include currency provisions in the Trans Pacific Partnership, the mega regional free trade agreement currently in the final stage of negotiations, presumably target Japan (as China is not included in the TPP). Congress may also want to target the eurozone in coming negotiations on the Transatlantic Trade and Investment Partnership.

Consider the Trans Pacific Partnership (TPP) and the Japan European Union Economic Partnership Agreement. Completion of both trade and investment deals are among the most urgent tasks we face, because Japan s economy needs powerful external catalysts to spur change in how we compete at home and for export markets.

The TPP s strategic value extends far beyond the economic benefits it promises. It is also about turning an area that accounts for 40 of the world economy and one third of global trade into a region of lasting peace and prosperity for our children and theirs.

At the same time, Japan will undergo sweeping labor market reforms, open designated industries to foreign workers, and create special economic zones within which officials will have the authority that they need to reduce red tape in areas like agricultural land management. If concluded, the Trans Pacific Partnership a mega regional 12 country free trade agreement will provide an additional boost to Japan s economy.

For its part, the US has shifted substantial military power toward Asia with high profile military deployments in Australia and the Philippines, and 60 of America s naval capabilities now deployed in the region and has enhanced its defense ties with Japan and South Korea. Moreover, it is helping to spearhead the Trans Pacific Partnership, an economic and trade agreement that excludes China but includes many of its regional neighbors.

Simon Johnson, for example, recently argued that mega regional agreements like the Trans Pacific Partnership should be used to discourage countries from intervening in the currency market to prevent exchange rate appreciation Fred Bergsten has made a similar argument.

Those past disputes probably explain why former Prime Minister Yasuhiro Nakasone, though a political soul mate of then President Ronald Reagan, was never invited to address a joint session of Congress. Today, however, the bilateral relationship is very different.