All Eyes on Asia-Pacific

Trade & Forfaiting Review
In this article, Welles Orr discusses the Trans-Pacific Partnership (TPP) and his hopes that it will grow world trade. According to Orr, since passage of bilateral free agreements with South Korea, Panama and Colombia in 2011, originally negotiated by the Bush administration, the TPP has been the single most important focus of the Obama administration’s trade agenda. With the TPP countries scheduled to hold its sixteenth round of negotiations in March, 2013, many are eager to see how far countries may have moved on several of the thorniest issues, including market access and agriculture, investment, rules of origin, trade in textiles and apparel, sanitary and phytosanitary standards and the disciplines over state-owned enterprises.
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