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Asia

In a move that could represent another step in Washingtonโ€™s decline and Chinaโ€™s hegemonic ascent in Asia, 15 state ministers signed the RCEP free trade agreement on November 15, 2020. The question weighing on policymakers across Asia, Europe, and the US is whether the RCEP economic bloc will change the global economic balance of power.
During President Donald Trumpโ€™s trip to Asia in November, he dealt with political-security issues alongside various economic issues. The visit lasted almost two weeks and included visits and meetings in Japan, South Korea, China, Vietnam, and the Philippines. North Korea's nuclear threat and economic issues were the top two matters under discussion. Trump managed to maintain good relations with all the countries he visited and even strengthened some of them, but it is not certain that this will last throughout his term in view of his incoherent statements on ongoing tensions in East Asia between China and smaller countries.
Israel is upgrading its economic relations with Asia by negotiating Free Trade Agreements (FTAs) with China, South Korea, Vietnam, and India. These agreements will allow Israel to increase trade with Asia and improve its regional status, further solidifying Israel's pivot to Asia.
Pakistan's future is exceedingly difficult to predict; the state may fail or fragment. Questions abound: the uncertain ability of President Musharraf to maintain his power, the unpredictability of the election cycle, the untested judgment of the new Army Chief of Staff, the shift of global jihadi volunteers from Iraq to the northwest border sanctuaries of Pakistan, and the security of Pakistan's nuclear weapons. Faced with few other options, the US is likely to continue to support the Pakistani Army and to hope that Musharraf can somehow engineer a soft landing.

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