What the TPP means for Latin America and the Caribbean

March 9, 2016

On February 4, 2016, after five years of negotiations, the members of the Trans-Pacific Partnership Agreement (TPP) signed the trade pact, considered to be the highest standard trade agreement to date.[1] The TPP includes not only traditional measures such as the reduction or elimination of tariffs, but also provisions on contemporary topics like trade facilitation, support for small- and medium-sized enterprises (SMEs), telecommunications, trade in innovative services (including digital technologies), issues of regulatory coherence and competitiveness, as well as higher standards on labor and environmental rights, sanitary and phytosanitary standards, and on the protection of intellectual property rights (IPR).

Read Full Material: Link


Topics: ECONOMIC GROWTH MEGA-REGIONAL AGREEMENT REGIONAL INTEGRATION

Agreements: TRANS-PACIFIC PARTNERSHIP (TPP)

Regions: CHINA LATIN AMERICA AND THE CARIBBEAN (LAC) UNITED STATES ASIA-PACIFIC

Authors: ANTONI ESTEVADEORDAL

Publishing Institution: THE BROOKINGS INSTITUTIONS

RTA

Other Research

RTA

Trade and Integration Monitor 2017: Beyond the Recovery, Competing for Market Share in the Digital Era

November 15, 2017

The value of exports from Latin America and the Caribbean (LAC) started to recover in 2016, and increased a notable 13.2% year-on-year in the first half of 2017. The regional recovery, however, was... READ MORE

RTA

Going It Alone in the Asia-Pacific: Regional Trade Agreements Without the United States

October 5, 2017

The withdrawal of the United States from the Trans-Pacific Partnership (TPP) in early 2017 led the remaining 11 countries in that trade and investment agreement to explore alternative ways to susta... READ MORE