11 countries reach agreement on TPP.

sydney-opera-house-harbor-city-sunset-161878.jpeg

According to a Prime Minister of Australia press release, 11 countries have agreed to sign the Trans-Pacific Partnership (TPP) in March of this year.

After the US withdrew from the TPP, the remaining 11 countries are: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The TPP is expected to eliminate more than 98% of tariffs in a trade zone with a combined GDP of $13.7 trillion, check back here for the text of the agreement once it is made public.

If you have any trade or customs law issues and want to speak to an experienced trade law attorney, contact David Hsu at 832-896-6288 or by email at dhsu@givensjohnston.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: