Publication
Nov 2015
This commentary describes how after five years of negotiations the trade ministers of twelve Pacific Rim countries, including the United States, Canada and Japan, reached an agreement on a comprehensive Trans-Pacific Partnership (TPP). If and when the TPP is fully ratified, the text's author reminds us, it will 1) create the largest free trade zone in the world; 2) eliminate virtually all trade tariffs between TPP members; 3) open up domestic markets, particularly in the cases of agriculture and services; 4) set binding minimum standards for trade and investments; and 5) work to the detriment of the EU and China, who were not part of the negotiations.
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English (PDF, 4 pages, 93 KB) |
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Author | Hanns Günther Hilpert |
Series | SWP Comments |
Issue | 51 |
Publisher | Stiftung Wissenschaft und Politik (SWP) |
Copyright | © 2015 Stiftung Wissenschaft und Politik (SWP) |