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Trans-Pacific Partnership Agreement (TPP) agreement

  • Author:d
  • Release on:2015-10-09
According to reports, the morning of October 5, the Trans-Pacific Partnership Agreement (TPP) 12 negotiating countries reached a basic agreement on the Ministerial Conference held in Atlanta, agreed to free trade. 12 participating countries combined share of the global economy, the proportion reached 40%, accounting for about a third of the total trade volume of the world.
October 5, US President Barack Obama in the Trans-Pacific Partnership Agreement (TPP) agreement in a statement said the United States can not allow China and other countries to write the rules of global trade, he called on Congress to pass the bipartisan agreement.
TPP negotiations began 12 members in March 2010, initially by New Zealand, Singapore, Chile and Brunei launch four countries in a multilateral free trade agreement, currently dominated by the United States, Japan, Canada, Australia, Mexico, Vietnam, Peru, Malaysia participation.