President Barack Obama has said the US and Malaysia are at the start of a "new era of partnership", on the second day of his official visit. Obama was speaking at a state banquet with Malaysian King Abdul Halim Mu'adzam Shah. He is due to meet Prime Minister Najib Razak later. It is the first such visit by a serving US president for nearly 50 years.

With Chinese Foreign Minister Wang Yi now in Latin America for a nine-day visit to four countries, the White House has just recently announced that Vice President Joe Biden will travel to Brazil for the World Cup this summer.

The United States is in the early stages of a substantial national project: reorienting its foreign policy to commit greater attention and resources to the Asia-Pacific region. This reformulation of U.S. priorities has emerged during a period of much-needed strategic reassessment, after more than a decade of intense engagement with South Asia and the Middle East.

Just over a year ago, as President Enrique Peña Nieto started his administration, the domestic and international press were touting “Mexico’s moment” and the rise of “the Aztec tiger.” Now, the naysayers have returned. Their pessimism stems in part from disappointing economic results: Mexico’s GDP growth has fallen, from nearly four percent in 2012 to around an estimated one percent in 2013.

Over the last two decades, Brazil’s trade policy has centered on two main negotiations. At the regional level, Brasília has spent much of its time and effort trying to lay the groundwork for a common economic space in the Southern Cone of South America. Since 1991, Mercosur, the Common Market of the South, has been the centerpiece of that strategy.

In 2010, I sat across the table from Assistant US Trade Representative Barbara Weisel, who was responsible for negotiating the Trans-Pacific Partnership (TPP), the mega-regional free-trade treaty among Vietnam, Malaysia, and ten other Pacific Rim countries that President Barack Obama’s administration wants to conclude in the coming weeks.

There has been a lot of talk lately about the relationship between development and trade, just as the United States is stepping up new trade initiatives across the Atlantic and the Pacific. The announcement of the Trade Africa initiative during President Barack Obama’s recent trip to Africa and calls to renew the African Growth and Opportunity Act next year have also put the benefits of trade with sub-Saharan Africa front and center, which holds 7 out of the fastest 10 growing economies.

In recent years a considerable amount of policy energy has been focused on ensuring the vitality and relevance of the U.S.-Japan security alliance. Now, with Japan’s entry into the Trans-Pacific Partnership talks (TTP), attention has refocused on the economic aspect. Somewhat less consideration has been paid to the fundamental foundation of the relationship: people-to-people exchange. Total human flow from Japan to the U.S. has declined significantly over the last 15 years, and while the numbers of U.S. arrivals to Japan have grown, they remain low.