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Introduction Some Comments on the Challenges Ahead
22 August 2019 The Workshop on LNG Demand Development & Security in Asia Jakarta, Indonesia
Lucian Pugliaresi Energy Policy Research Foundation, Inc. Washington, DC
eprinc.org
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The Indo-Pacific is the single most consequential region for America’s future
Nine of the world’s 10 busiest seaports are in the region, and 60 percent of global maritime trade transits through Asia. The Indo-Pacific contributes two-thirds of global growth in gross domestic product (GDP) and accounts for 60 percent of global GDP. This region includes the world’s largest economies – the United States, China, and Japan – and six of the world’s fastest growing economies – India, Cambodia, Laos, Burma, Nepal, and the Philippines. A quarter of U.S. exports go to the Indo-Pacific, and exports to China and India have more than doubled over the past decade. This is made possible by free and open trade routes through the air, sea, land, space, and cyber commons that form the current global system.
WHY THIS IS AN IMPORTANT PROJECT……………………………………………………………..
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