Deep trade agreements are important institutional infrastructure for regional integration they reduce trade costs and define many rules in which economies operate if efficiently designed they can improve policy cooperation across countries thereby increasing international trade and investment economic growth and social welfare world bank group research finds that deep agreements boost . About countries in east asia region have thriving trade and economic relations with each other through free trade agreements the association of southeast asian nations asean has free trade agreements with six partners namely peoples republic of china acfta republic of korea akfta japan ajcep india aifta as well as australia and new zealand aanzfta. In southeast asia economic development was fueled by the growth of the bamboo network in 2014 apec members committed to taking a concrete step towards greater regional economic integration by endorsing a roadmap for the free trade area of the asia pacific ftaap to translate this vision into a reality as a first step apec is implementing a strategic study on issues related to the . Terrestrial land disputes have expanded to the maritime domain with china having disputes with states in southeast asia india and japan chinese efforts to dominate southeast asian politics and redistribute power is placing the region into the position of trying to balance regional security interests and national security interests china is effectively using its asymmetric economic
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