Asia-Pacific free trade pacts have been a big success for the U.S.

Singapore agreement shows benefits in terms of strategic competition with China

20240512 IPEF Biden

U.S. President Joe Biden, center, with Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida at an IPEF event in Tokyo in 2022. © Reuters

Bilahari Kausikan is former permanent secretary and ambassador-at-large in the Singaporean Ministry of Foreign Affairs. Steven Okun is chief executive of ESG and sustainability consultancy APAC Advisors and a senior adviser with geostrategic consultancy McLarty Associates. He previously served as chair of the American Chamber of Commerce in Singapore.

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