The Trans-Pacific Partnership Agreement (“TPP”) is a free trade agreement currently being negotiated by nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam.The TPP is bringing together some of the largest and fastest growing economies across the Asia-Pacific – developed and developing alike – into a single trading community that represents approximately 30% of global GDP. The TPP will boost our economies, lower barriers to trade and investment, increase exports, and create more jobs for our people.
The agreement’s stated goal had been to “promote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labor and environmental protections.”
Historically, the TPP is an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4), which was signed by Brunei, Chile, New Zealand, and Singapore in 2005. Beginning in 2008, additional countries joined the discussion for a broader agreement: Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam, bringing the total number of participating countries in the negotiations to twelve.
The Website provides overview of TPP and related issuses around TPP & Vietnam. Beside, you can find information, contents and related documents of TPP to update news lately.