Trans-Pacific Partnership (TPP) Negotiations
The Obama Administration has begun talks with Asian and Latin American nations to enter into the Trans-Pacific Partnership (TPP). The talks with Australia, Brunei, Chile, New Zealand, Peru, Singapore and Vietnam were originally initiated by the Bush Administration. As the first trade agreement negotiations entered into by the Obama administration, the TPP is the critical venue in which the administration can formally create and then implement a new U.S. trade agreement model to replace the failed Bush-NAFTA model. The process by which President Obama approaches the TPP will determine whether the administration will follow through with his commitments to new transparency and inclusiveness in U.S. trade policymaking.
For more coverage on the TPP and other free trade agreements, check out our blog, Eyes on Trade.
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