Thursday, February 04, 2016

Ambitious TPP trade deal signed...

The ambitious Trans Pacific Partnership (TPP) has been formally signed in Auckland even as the US struggles to get the pact ratified in Congress.

The trade deal looks to facilitate investment between 12 countries across the Pacific Rim, which together account for about 40% of the global economy.

This includes Singapore, Australia, Canada, Japan, Malaysia and Mexico.

The TPP was agreed in October after years of negotiations and multiple missed deadlines.

The US-led initiative is a key part of President Barack Obama's so-called pivot to Asia but has proved to be a controversial issue ahead of the US elections in November. Full story...

Related posts:
  1. TPP 'fundamentally flawed,' should be resisted - UN human rights expert...
  2. South America takes to the streets against TPP...
  3. Here's what the Internet hates about the TPP trade deal...
  4. TPP ‘worst thing Harper did for Canada’ & will cost hundreds of billions...
  5. Worse than we thought: TPP a total corporate power grab nightmare...
  6. Secret trade deal can only be read in secure 'reading room' in Brussels...
  7. Canada claims it will back out of TPP to protect its sovereignty...
  8. Belgium leaves TTIP... One town at a time...

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