TransPacific partnerships have substantially increased trade between many leading economies

,In early  2014 the United States and Australia, Brunei Darussalam, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam, announced substantial progress toward the completion of the Trans Pacific Partnership (TPP) negotiations. The TPP is the most significant trade negotiation in a generation, and promises significant economic benefits for American businesses, workers, farmers, ranchers, and service providers.

According to an analysis supported by the Peterson Institute, a TPP agreement provides global income benefits of an estimated $223 billion per year, by 2025. Real income benefits to the United States are an estimated $77 billion per year. The TPP could generate an estimated $305 billion in additional world exports per year, by 2025, including an additional $123.5 billion in U.S. exports.

Asia's trade with the Americas has been exponentially increasing over the last decade

Trade in goods between Asia and America has been surely and steadily growing over the last twelve years, as per the US census reports and figureshttps://www.census.gov/foreign-trade/balance/c0016.html

Asian developing countries' trade with the Americas booms

 World statistics confirm that the developing Asian countries now account for more than 40% of the global GDP for the first time in more than a century. In 2012, developing economies had accounted for 29.9 percent, and they continued to grow considerably faster than advanced economies throughout 2013. Over the longer term, that’s good news for the developed world: The faster poor countries grow, the more they import. The developing world now buys $8.7 trillion worth of global exports each year.

Asia's Opportunity& Responsibility

A. In the era of remarkable times, Asia has the opportunity and the responsibility to take on a global leadership role. The current period is thatof uncertainty and dramatic change, as highlighted by the 2012  tragic events in Japan and the current political turmoil in the Middle East and North Africa. The economic center of gravity is shifting from the West to   the East, which offers both challenges and opportunities. In order to answer the question of whether Asia can lead, three things must be considered: a) what is the current state of the world and why does it require leadership; b) what are the obstacles for Asian leadership; and c) what are possible solutions to promote Asian leadership.

B. The current state of the world is extremely complex, with a multiplicity of actors and forces-however, two major trends exist. It is clear that the growing connections between people, places and states around the world interact in unpredictable and complex ways. However, two major trends have emerged. First, there is a dramatic ‘shrinkage’ of the world as technology and progress narrow the gaps between people and places. A useful analogy to consider is that of boats on the ocean. Previously, the world’s population was living in 192 separate ‘boats’ or countries, and the only concern was making sure these ‘boats’ didn’t run into each other. Due to this ‘shrinkage’, the shift has been towards the world’s population living in 192 ‘cabins’ on the same boat. Governments are responsible for looking after individual ‘cabins’ or states; however, a captain and crew are necessary to look after and steer the boat itself—this is the need for global leadership.

Ford Motor Co to invest in Thailand production facility

 Ford Motor Co, USA plans to invest 450 million dollars in building a Thailand  production  facility Thailandreported. The main part of the production of the new plant will be exported, which is part of the company’s expansion business in the Asia-Pacific region. The factory in the eastern province of Rayong will produce Ford Focus cars from 2014, but will set a future opportunity to diversify production, reported by the company. “This investment underlines our long-term commitment to Thailand and its role as a global manufacturing and export center for Ford”, commented Joe Hinrih, president of the company’s Asia-Pacific, and Africa. The factory with an area 750 thousand square meters will have an initial capacity of 150 thousand units per year and 85% of production will be destined for markets outside Thailand. Ford plans to buy locally produced components totaling up to 800 million dollars a year and the plant has the potential to provide up to 11 thousand new jobs, the company indicated.
The company is investing in developing the business in Asia, because of low cost working-hand and 

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India included in Trans Pacific partnership trade agreement

Recently two  foreign policy experts said that India's addition to the Trans-Pacific Partnership (TPP) trade agreement, linking together major economies in North America, South America, the Pacific, and Southeast Asia, would only enhance the TPP's transformative potential.