The Trilateral Economic Report by TCS analyzes China, Japan, and Korea’s economies, highlighting risks, FTAs, RCEP, and supply chain dynamics amid global tensions.

  • Economic Landscape Analysis: Covers economic profiles of China, Japan, and South Korea, highlighting key risks, strengths, and policy priorities in global, regional, and trilateral contexts.
  • Focus Areas: Includes an in-depth examination of Free Trade Agreements (FTAs), the Regional Comprehensive Economic Partnership (RCEP), and supply chain connectivity in advanced industries like semiconductors.
  • Role in Policy & Cooperation: Serves as an official follow-up initiative under ministerial discussions, ensuring continued knowledge-sharing and informed policy development.

Overview of the Trilateral Economic Report

The Trilateral Economic Report (TER) is a key publication from the Trilateral Cooperation Secretariat (TCS), detailing the economic dynamics and policy impacts concerning China, Japan, and Korea. This essential report provides insights into the economic conditions of these influential nations, helping stakeholders understand the shifting landscape.

New Chapter on Economic Development

This year’s edition introduces a new chapter focusing on global and regional economic development, crafted in collaboration with AMRO. The current scenario, marked by increasing geopolitical tensions and trade protectionism, has added significant uncertainty. In such a climate, fostering strong alliances among regional institutions becomes crucial for stability and growth.

Detailed Analysis of Economic Profiles

The report assesses the economic profiles of China, Japan, and Korea and explores the development and outlook of the ASEAN+3 region. It evaluates key risks, strengths, and policy priorities, while also providing a thematic analysis of Free Trade Agreements (FTAs), the Regional Comprehensive Economic Partnership (RCEP), and supply chain connectivity in advanced industries such as semiconductors.

Source: Trilateral Economic Report (TER) 2025 –…

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