Trans-Pacific Partnership by: Eric Florence. Contents Overview U.S. National Interest, Policy,...
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Transcript of Trans-Pacific Partnership by: Eric Florence. Contents Overview U.S. National Interest, Policy,...
![Page 1: Trans-Pacific Partnership by: Eric Florence. Contents Overview U.S. National Interest, Policy, Politics Issue: TPP Policy Recommendation Conclusion and.](https://reader038.fdocuments.us/reader038/viewer/2022103111/551418f3550346d8488b545f/html5/thumbnails/1.jpg)
Trans-Pacific Partnershipby: Eric Florence
![Page 2: Trans-Pacific Partnership by: Eric Florence. Contents Overview U.S. National Interest, Policy, Politics Issue: TPP Policy Recommendation Conclusion and.](https://reader038.fdocuments.us/reader038/viewer/2022103111/551418f3550346d8488b545f/html5/thumbnails/2.jpg)
Contents Overview U.S. National Interest, Policy, Politics Issue: TPP Policy Recommendation Conclusion and Questions
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Overview
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Trans-Pacific Partnership Trade agreement
that will “enhance trade and investment among the TPP partner countries, promote innovation, economic growth and development, and support the creation and retention of jobs.”
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History
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Origins Trans-Pacific
Strategic Economic Partnership Agreement (2006) FTA among Chile,
Brunei, New Zealand, Singapore
TPP stems from TPSEP, albeit significantly expanded
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U.S. National Interest Increase Exports, Job Promotion
TPP countries represent 40% of global trade
Increase Competiveness TPP will facilitate larger U.S. role in Asia-
Pacific region $895B exports to Asia-Pacific in 2011
Agricultural and services sectors ranking among highest
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TPP: Who?
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Member States Singapore Chile New Zealand Brunei Australia Peru Vietnam Malaysia United States Mexico Canada
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TPP: What?
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Similar, but broader focus than TPSEP Strengthen
economic ties Reduce tariffs and
trade barriers Increase
investment flows Integration of
economic policies and regulations
Still in negotiation
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TPP: Why?
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Economic gains Population GDP/Per Capita
income Counterpoint:
China Potential growth in
agreement
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Controversy
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Intellectual Property rights and enforcement Incidental copies,
Digital locks, Small-scale infringement
Patents Pharmaceuticals
Transparency
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Policy Recommendation
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For: USTR Ron Kirk and TPP negotiating delegates: inconclusive
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Conclusion TPP presents great opportunity for
greater regional cooperation and huge economic growth.
Present controversy could overshadow discussion and dilute a sound agreement.
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Questions?
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