TPP to help protect brands, lower nontariff barriers

February 8, 2016

The Trans-Pacific Partnership, a comprehensive free trade agreement spanning parts of the Asia-Pacific, is expected to lower tariffs on food and agricultural products. The pact could also bring food producers broader benefits by protecting their brands and clearing away quarantine and customs obstacles.To realize the full potential of the TPP, Japan, Australia, the U.S. and the other nine members of the free trade bloc will need to harmonize trade rules.

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Topics: AGRICULTURE TARIFF LIBERALIZATION IMPORT TARIFFS MEGA-REGIONAL AGREEMENT GEOGRAPHIC INDICATORS

Regions: AUSTRALIA JAPAN ASIA-PACIFIC

Authors: NIKKEI ASIAN REVIEW

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