Commerce and connectivity for enhancing trade in the Indo-Pacific
The Indo-Pacific region is an important one for three reasons. First, three of the world’s largest economies, i.e., the US, China, and Japan are present, and the region accounts for 60 percent of global GDP. Second, 60 percent of global maritime trade occurs through the waters in the region. Finally, the fastest growing emerging economies—Cambodia, India, and Philippines—are also from the region. Economic growth …
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