Sunday 29 May 2016

The Trans-Pacific Partnership as a set of international economic rules (Tsuyoshi Kawase, The E15 Initiative)

The Trans-Pacific Partnership (TPP) Agreement was finally signed in February 2016 in Auckland, New Zealand. The negotiations involved only 12 countries, but had to go through many twists and turns because of a crisscross of confrontational relationships — large advanced economies versus emerging economies; exporters (“Cairns group”) versus importers (“G-10”) in agricultural trade; and market economy countries versus state capitalist countries. Despite such difficulties, at a time with no evident signs of hope for the Doha Round of negotiations under the World Trade Organization (WTO), the successful conclusion of the TPP negotiation, an ambitious trade liberalisation initiative, is surely an event worthy of celebration

http://e15initiative.org/blogs/trans-pacific-partnership-as-a-set-of-international-economic-rules/

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