EVERYTHING YOU NEED TO KNOW #TPP
1. What is the Trans-Pacific Partnership?
Basically, it’s a giant free trade deal between the U.S., Canada, and 10 countries in the Asia-Pacific region that’s been under negotiation for nearly a decade now (it began as an agreement between Singapore, Chile, New Zealand and Brunei before the U.S. took the lead in 2009). It’s expected to eliminate tariffs on goods and services, tear down a host of non-tariff barriers and harmonize all sorts of regulations when it’s finished early next year.
TPP will put in place a new set of rules making the way we trade with member economies simpler and fairer and making it easier and cheaper to do business with each other. New Zealand should be very proud about its involvement in TPP. With Brunei, Chile and Singapore we started the TPP movement, which has gained momentum to become the biggest game in town as far as world…
View original post 1,880 more words