new zealand text of tpp free trade pact released
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

New Zealand: Text of TPP free trade pact released

Arab Today, arab today

Arab Today, arab today New Zealand: Text of TPP free trade pact released

12-nation Trans-Pacific Partnership (TPP)
Tokyo - AFP

The text of the Trans-Pacific Partnership (TPP) was released on Thursday, offering the first detailed look at the contents of the world's largest free trade area.

New Zealand's Ministry of Foreign Affairs and Trade put the 12-nation agreement's text on its website, saying it would "continue to undergo legal review".

The accord must be signed and ratified by the respective countries and many may face uphill battles, not least in the United States as it tries to convince a sceptical Congress.

Delegates from 12 Pacific Rim nations finally managed to hammer out an agreement in the United States last month -- five years after the Washington-led talks first began.

Spanning about two-fifths of the global economy, the hard-won deal aims to set the rules for 21st century trade and investment and press non-member China to shape its behaviour in commerce, investment and business regulation to TPP standards.
Under the deal most tariffs were to be eliminated or slashed on everything from beef, dairy products, wine, sugar, rice, horticulture and seafood through to manufactured products, resources and energy.

Those involved are the US, Japan, Canada, Australia, Brunei, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Following the October announcement, Asian members were quick to follow US President Barack Obama in declaring the agreement a win, even if most nations were forced to compromise on key issues.

"It's the opening of a new century for the Asia-Pacific region," Japanese Prime Minister Shinzo Abe said at the time, hailing the emergence of a "huge economic zone".

The US and Japan were the two biggest economies involved in the deal but the two sides long appeared unable to find common ground on key issues, including auto sector access and Japan's huge agricultural tariffs.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new zealand text of tpp free trade pact released new zealand text of tpp free trade pact released

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new zealand text of tpp free trade pact released new zealand text of tpp free trade pact released

 



GMT 13:23 2012 Saturday ,07 July

Syria shells Wadi Khaled: 3 killed, 9 wounded

GMT 17:45 2016 Monday ,18 April

School Olympics embody state's future vision

GMT 15:30 2017 Tuesday ,11 April

Church attacker denies his death

GMT 21:43 2012 Monday ,20 February

AUC remembers Omar Mohsen at the graduation

GMT 12:47 2017 Friday ,06 January

Daesh militants kill 4 soldiers near Iraq's Tikrit

GMT 21:13 2017 Monday ,06 February

UN: Afghan civilian casualties rose 3 percent in 2016

GMT 22:30 2014 Tuesday ,30 December

Jordanian senate passes income tax draft law

GMT 14:29 2016 Saturday ,29 October

Yuksel offers top-notch engineering services

GMT 02:36 2017 Friday ,03 February

Tunisian journalists executed, says Daesh suspect

GMT 10:32 2015 Saturday ,28 March

World's first 'Otaku' summit opens in Japan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday