
Trans-Pacific Partnership
The Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement, was a highly contested proposed trade agreement between 12 Pacific Rim economies, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The proposal was signed on 4 February 2016 but not ratified, being opposed by many Democrats and Republicans, including both major-party presidential nominees, Donald Trump and Hillary Clinton. After taking office, the newly elected President Donald Trump formally withdrew the United States from TPP in January 2017, therefore the TPP could not be ratified as required and did not enter into force. The remaining countries negotiated a new trade agreement called Comprehensive and Progressive Agreement for Trans-Pacifi
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- Caption
- enLeaders from 10 of the 12 prospective member states at a TPP summit in 2010
- Comment
- enThe Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement, was a highly contested proposed trade agreement between 12 Pacific Rim economies, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The proposal was signed on 4 February 2016 but not ratified, being opposed by many Democrats and Republicans, including both major-party presidential nominees, Donald Trump and Hillary Clinton. After taking office, the newly elected President Donald Trump formally withdrew the United States from TPP in January 2017, therefore the TPP could not be ratified as required and did not enter into force. The remaining countries negotiated a new trade agreement called Comprehensive and Progressive Agreement for Trans-Pacifi
- ConditionEffective
- enRatification by all original signatories, or ratification by at least 6 states corresponding to 85% of GDP of original signatories
- Date
- 11 April 2017
- DateDrafted
- 5 October 2015
- DateEffective
- enNot in force
- DateSigned
- 4 February 2016
- Depiction
- Depositor
- enNew Zealand
- Has abstract
- enThe Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement, was a highly contested proposed trade agreement between 12 Pacific Rim economies, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The proposal was signed on 4 February 2016 but not ratified, being opposed by many Democrats and Republicans, including both major-party presidential nominees, Donald Trump and Hillary Clinton. After taking office, the newly elected President Donald Trump formally withdrew the United States from TPP in January 2017, therefore the TPP could not be ratified as required and did not enter into force. The remaining countries negotiated a new trade agreement called Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which incorporates most of the provisions of the TPP and which entered into force on 30 December 2018. The TPP began as an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4) signed by Brunei, Chile, New Zealand and Singapore in 2005. Beginning in 2008, additional countries joined the discussion for a broader agreement: Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam, bringing the negotiating countries to twelve. In January 2017, the United States withdrew from the agreement. The other 11 TPP countries agreed in May 2017 to revive it and reached agreement in January 2018. In March 2018, the 11 countries signed the revised version of the agreement, called Comprehensive and Progressive Agreement for Trans-Pacific Partnership. After ratification by six of them (Australia, Canada, Japan, Mexico, New Zealand and Singapore), the agreement came into force for those countries on 30 December 2018. The original TPP contained measures to lower both non-tariff and tariff barriers to trade, and establish an investor-state dispute settlement (ISDS) mechanism. The U.S. International Trade Commission, the Peterson Institute for International Economics, the World Bank and the Office of the Chief Economist at Global Affairs Canada found the final agreement would, if ratified, lead to net positive economic outcomes for all signatories. Many observers have said the trade deal would have served a geopolitical purpose, namely to reduce the signatories' dependence on Chinese trade and bring the signatories closer to the United States.
- Hypernym
- Agreement
- Is primary topic of
- Trans-Pacific Partnership
- Label
- enTrans-Pacific Partnership
- Languages
- English language
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- Japanese language
- Spanish language
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- Link from a Wikipage to an external page
- www.washingtonpost.com/news/the-fix/wp/2015/11/05/we-made-president-obamas-big-tpp-trade-deal-searchable/%3Fpostshare=5371446749920151
- web.archive.org/web/20151010083924/https:/ustr.gov/tpp/
- fas.org/sgp/crs/row/R40502.pdf
- tpp.mfat.govt.nz/text
- web.archive.org/web/20151118232341/https:/medium.com/the-trans-pacific-partnership
- www.mfat.govt.nz/downloads/trade-agreement/transpacific/TPP-text/TPP_All-Chapters.zip
- web.archive.org/web/20170411150619/http:/www.mfat.govt.nz/downloads/trade-agreement/transpacific/TPP-text/TPP_All-Chapters.zip
- prospect.org/article/why-losing-tpp-wont-hurt-us-asia
- www.worldwildlife.org/press-releases/wwf-statement-on-the-close-of-the-trans-pacific-partnership-negotiations
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- LocationSigned
- Auckland
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- Name
- enTrans-Pacific Partnership
- Ratifiers
- en* 2 * *
- SameAs
- 1096242087
- 4147121669826390799
- Accord de partenariat transpacifique
- Acuerdo Transpacífico de Cooperación Económica
- Aliança Transpacífica
- Category:Demonstrations and protests against the TPP
- Hiệp định Đối tác xuyên Thái Bình Dương
- Kemitraan Trans-Pasifik
- m.09h5x1
- Parceria Transpacífica
- Partenariato Trans-Pacifico
- Partnerstwo Transpacyficzne
- Perjanjian Perkongsian Trans-Pasifik
- PQB1
- Q1366688
- Sakit okean Tərəfdaşlığı
- Transpacifické partnerství
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pacific Partnership
- Trans-Pasifik Ortaklığı
- Transpazifische Partnerschaft
- Transz-csendes-óceáni Partnerség
- Σύμφωνο Συνεργασίας των Δύο Πλευρών του Ειρηνικού
- Транстихоокеанское партнёрство
- Транстихоокеанське партнерство
- השותפות הטראנס-פסיפית
- الشراكة العابرة للمحيط الهادئ
- شراکت ترنس-پسیفیک
- ความตกลงหุ้นส่วนเศรษฐกิจภาคพื้นแปซิฟิก
- 環太平洋パートナーシップ協定
- 跨太平洋夥伴關係協議
- 환태평양 경제 동반자 협정
- Signatories
- en* 11 * * * * * * * * * * *
- Subject
- Category:114th United States Congress
- Category:Classified documents
- Category:Free trade agreements of Japan
- Category:Free trade agreements of New Zealand
- Category:Free trade agreements of Singapore
- Category:Proposed free trade agreements
- Category:Trade blocs
- Category:Trans-Pacific Partnership
- Category:Treaties concluded in 2016
- Category:Treaties not entered into force
- Thumbnail
- Type
- Trade agreement
- Url
- TPP All-Chapters.zip
- WasDerivedFrom
- Trans-Pacific Partnership?oldid=1123210451&ns=0
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