The Trilateral Economic Report (TER) is a flagship publication by the Trilateral Cooperation Secretariat (TCS), which outlines the economic landscape and policy implications of China, Japan, and Korea.
This year’s report introduces a new chapter on global and regional economic development, produced in close collaboration with AMRO. The current environment — characterized by rising geopolitical tensions and escalating trade protectionism — has brought heightened uncertainty to the world economy. Building strong and enduring partnerships among regional institutions is of particular importance in this context.
The report outlines the economic profiles of China, Japan and Korea, along with the development and outlook of the ASEAN+3 region, assessing key risks, strengths, and policy priorities. Additionally, the report provides an in-depth and thematic analysis of Free Trade Agreements (FTAs), the Regional Comprehensive Economic Partnership (RCEP), and supply chain connectivity in advanced industries (semiconductors).