Across the Other Pond U.S. Opportunities and Challenges in the Asia Pacific

Since President Obama announced his administration's rebalance to Asia several years ago, the United States has struggled to maintain its priorities to the region. While recognizing the significance of the Asia-Pacific, fiscal austerity at home, and instability and conflict in the Middle East and Eastern Europe have diverted U.S. attention away, and the United States struggles to convince our allies and security partners of our commitment to the region. Two thousand fifteen will be a pivotal year for U.S. engagement in Asia, presenting numerous economic, political, and security challenges. This year we may see the potential passage of the Trans-Pacific Partnership, a 12-member nation trade and investment treaty with Asia-Pacific countries. And there's no doubt that the economic opportunities in the Asia-Pacific are unparalleled. Current negotiating member nations account for 37 percent of total U.S. goods and services trade, so its passage has the prospect to vastly bolster our economic well-being.