US president Barack Obama
Media playback is unsupported on your device
Video

Barack Obama is being urged to focus on Asia partners

US President Barack Obama is being urged to ensure his second term in office is marked by strengthening economic relations across the Pacific in Asia.

The prospects for growth of the region's economies are very positive and with America's trading partners in Europe mired in a debt crisis trade, relations with Asia look attractive.

Steven Okun, the Chairman of the Asia-Pacific Council of American Chambers of Commerce (APCAC) told the BBC's Rico Hizon why the Trans Pacific Partnership agreement is so important.