Common Contracts

1 similar Trans-Pacific Partnership Agreement contracts

What is the Trans-­‐Pacific Partnership Agreement?
Trans-Pacific Partnership Agreement • November 6th, 2022

The Trans-­‐Pacific Partnership (TPP) Agreement is a regional trade agreement that the United States is negotiating with 11 other Asia-­‐Pacific countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam). The goal of the ongoing negotiations is to produce a comprehensive and high-­‐standard agreement that supports economic growth and jobs and addresses 21st century trade issues. Another aim is to expand the TPP over time to include additional Asia-­‐Pacific countries and eventually cover a region that represents more than half of global output and over 40 percent of world trade. The United States joined the negotiations in 2010, and the negotiating countries are striving to complete the negotiations. The Office of the United States Trade Representative is leading the negotiations for the United States and has been consulting with Congress and private sector stakeholders on issues at all stages of the negotiations.

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