Hello! Welcome to JiangSu YuLun Textile Group Co., Ltd. website!
JiangSu YuLun Textile Group Co., Ltd.
JiangSu YuLun Textile Group Co., Ltd.
Address: No.180,Renminbei Road, Jingjiang City, Jiangsu, China
Tel:0523-84833762
Fax:0523-84834361
E-mail:yljt@yulun.com
 
You are here: HomeNews > Industry News
Trans-Pacific Partnership
Release time:2015-10-10 13:04:28      Views:

The Trans-Pacific Partnership (TPP) is a trade agreement between twelve Pacific Rim countries which seeks to lower trade barriers such as tariffs, establish a common framework for intellectual property, enforce standards for labour law and environmental law, and establish an investor-state dispute settlement mechanism.[4] As of 2011, the agreement's goal had been to "enhance trade and investment among the TPP partner countries, to promote innovation, economic growth and development, and to support the creation and retention of jobs."[5] The United States government has considered the TPP as the companion agreement to the Transatlantic Trade and Investment Partnership (TTIP), a broadly similar agreement between the United States and theEuropean Union.[6]

Historically, the TPP is an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4), which was signed by BruneiChileNew Zealand, and Singapore in 2006. Beginning in 2008, additional countries joined the discussion for a broader agreement: AustraliaCanadaJapan,MalaysiaMexicoPeru, the United States, and Vietnam, bringing the total number of participating countries in the negotiations to twelve.

Participating nations aimed at completing negotiations in 2012, but contentious issues such as agriculture, intellectual property, and services and investments caused negotiations to continue.[7] They finally reached agreement on 5 October 2015.[8] Implementing the TPP has been one of the trade agenda goals of the Obama administration in the US.[9] On October 5, 2015 Canadian prime minister Stephen Harper expected "the full text of the agreement to be released in the next few days, with signatures on the finalized text and deal early in the new year, and ratification over the next two years."[10]Although the text of the treaty had not been made public, Wikileaks published several leaked documents since 2013.

A number of global health professionals, internet freedom activists, environmentalists, organised labour, advocacy groups, and elected officials have criticised and protested against the treaty, in large part because of the secrecy of negotiations, the agreement's expansive scope, and controversial clauses in drafts leaked to the public.



JiangSu YuLun Textile Group Co., Ltd. Tel:0523-84833762 Fax:0523-84834361
Add:No.180,Renminbei Road, Jingjiang City, Jiangsu, China URL:en.yltexgroup.com Email:yljt@yulun.com