Author: Vu, Le Thai Hoang, Ph.D. [1]
Source: International Studies, No. 24 (June – 2011), pp. 203-219.
Being the first-ever symbol of open regionalism[2] in Asia-Pacific since 1989, APEC with the principle of non-discrimination is seen as the premier forum to promote regional trade liberalization and economic integration while strengthening cooperation to address non-traditional security issues. In the overall regional strategy of the Obama Administration, APEC continues to serve as an important and most appropriate bridge to link US economic interests to regional economies, thereby helping the US achieve its short-term target of doubling exports within five years while delivering on its long-term “back-to-Asia” commitment and vision to consolidate leadership, at least economically, in the evolving two-pronged regional architecture to be founded on the East Asia Summit (EAS) (as the politico-security pillar) and APEC (as the economic pillar). 2011 when the US hosts APEC is a golden opportunity for the Obama Administration to create next breakthroughs in the grand journey to return to the region in all dimensions and in the immediate future earn significant points in the race for presidency for Obama himself. Continue reading “APEC 2011 and the Future of Regional Architecture in Asia Pacific”