After years of negotiations, 12 nations including the United States have approved the Trans-Pacific Partnership TPP, a massive trade deal that will impact 40% of the world's trade.
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Next Gen Trade Deal
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Trans-Pacific Partnership impacts 40% of world trade
NEXT GEN TRADE DEAL
• Trans-Pacific Partnership (TPP) is a historic global trade deal.
• The USA plus 12 nations have spent years hammering it out.
• In 2013, WikiLeaks released a TPP draft. People freaked out.
• The deal appeared to restrict access to cheaper cancer drugs.
• And let corporations sue any nation who hurt their business.
• On Oct 5, 2015, the 12 nations agreed to a final version of TPP.
• The TPP now needs to be approved by each member nation.
• However, the public still has yet to see the final version.
• After the bill goes to Congress, we’ll have 60 days to read it.
• In the US, TPP has skeptics & supporters on both sides of aisle.
“This partnership levels the playing field...” - President Obama
10/07/2015