The Trans-Pacific Partnership

The Trans-Pacific Partnership
Author :
Publisher : Cambridge University Press
Total Pages : 357
Release :
ISBN-10 : 9781107028661
ISBN-13 : 1107028663
Rating : 4/5 (663 Downloads)

Book Synopsis The Trans-Pacific Partnership by : C. L. Lim

Download or read book The Trans-Pacific Partnership written by C. L. Lim and published by Cambridge University Press. This book was released on 2012-09-20 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) talks attempt to link together at least nine countries in three continents to create a 'high-quality, twenty-first century agreement'. Such an agreement is intended to open markets to competition between the partners more than ever before in sectors ranging from goods and services to investment, and includes rigorous rules in the fields of intellectual property, labour protection and environmental conservation. The TPP also aims to improve regulatory coherence, enhance production supply chains and help boost small and medium-sized enterprises. It could transform relations with regions such as Latin America, paving the way to an eventual Free Trade Area of the Asia Pacific, or see innovations translated into the global trade regulatory system operating under the WTO. However, given the tensions between strategic and economic concerns, the final deal could still collapse into something closer to a standard, 'twentieth-century' trade agreement.


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