Australia’s most powerful public servant has sounded a warning that the US risks losing the gains it has made from economic diplomacy in the Asia Pacific region following the election of Donald Trump.
Martin Parkinson, the head of the department of prime minister and cabinet, used a speech on Wednesday to the American Chamber of Commerce in Australia to counter Trump’s isolationist and protectionist rhetoric.
While the prime minister was out in Canberra welcoming the proposed US military buildup in the Asia-Pacific – which has been flagged by the incoming Trump administration – his departmental head was in Sydney making a powerful argument for the importance of continuing economic diplomacy in the region, which he said was a more effective means of engagement than displays of “arbitrary power.”
Parkinson used the Trans Pacific Partnership, the American-led trade pact initiated by the Obama administration that Trump has vowed to scrap, to make the point that the “open multilateralism” underpinning the TPP “has been a hallmark of US economic diplomacy over the decades.”
He said the standards built into the agreement “could set the bar for trade agreements for decades to come.”
“But the TPP is more than a trade deal; it is a sign of US strategic commitment to our region. US secretary of Defence Ash Carter said the TPP is worth an additional aircraft carrier as a sign of strategic commitment.” Parkinson said it was not yet clear what might happen to the TPP "however we do realize that we have all profited from the US slant over decades for worldwide standards over the practice of discretionary power."
"Worldwide standards and standards have permitted organizations, and even nations, to have practical experience underway and for speculation to stream where it is generally esteemed."
In the number one spot up to the presidential decision Australia campaigned hard for the TPP to be passed by the US congress in the intermediary session, before the introduction on January 20, yet the PM quieted his announcements of support for the exchange settlement after Trump developed triumphant last week.Turnbull, post-race, has noted Trump is relentlessly restricted to the TPP.Turnbull has, be that as it may, respected the new organization's slant to grow the US naval force into the area – a move that will be viewed as provocative by China.
Trump consultants have hailed a yearning to build the US naval force from 274 boats to 350 and to convey all the more widely in the area to counter China's developing emphaticness.
While respecting the show of drive, the legislature has not yet addressed inquiries concerning what Australia would do if persuaded to host more American guard resources or faculty, or whether we would take an interest in joint activities with the US naval force in the South China Sea.