| Publication |
2012.
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| Summary/Abstract |
The Trans-Pacific Partnership (TPP) is a multilateral free trade agreement (FTA) which aims to liberalize the economies of the Asia-Pacific region. The rapid movement of the TPP agenda, however, has caused China some disquiet. Originally, the agreement was signed among four countries (Brunei, Chile, New Zealand and Singapore) on June 3, 2005, and entered into force on May 28, 2006. In 2008, five additional countries (Australia, Malaysia, Peru, the United States, and Vietnam) began negotiations to join the group.1 On November 12, 2011, the leaders of these nine TPP partner countries announced the broad outlines of an expanded TPP: it will promote innovation, enhance economic growth and development, and support the creation and retention of jobs among the nine dynamic Asia-Pacific economies.2 Further negotiations are still underway, with Japan, Canada, and Mexico also having demonstrated a strong interest in joining.
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