Tuesday, 6 October 2015

Trans-Pacific Partnership (TPP) Agreement has been signed by 12 Pacific Rim countries

Trans-Pacific Partnership (TPP) Agreement has been signed by 12 Pacific Rim countries  which  covers about 40%  of the world economy.
These 12 countries are:Canada,Singapore, Malaysia, United States,Vietnam, Brunei ,Darussalam, Japan, Mexico, Australia,Peru,Chile and New Zealand.


After five days of talks in Atlanta the final agreement was signed , United States which was under negotiation for 5 years and was delayed often by negotiations over drug patents.China being world’s second-largest economy has been not part of the agreement.


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Trans-Pacific Partnership (TPP) Agreement has been signed by 12 Pacific Rim countries

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