TPP Talks Continue
Trans-Pacific Partnership negotiators from the United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam are continuing the 11th round of talks in Melbourne, Australia. On Thursday and Friday negotiators focused on horizontal issues, investment, technical barriers to trade, labor, intellectual property rights, rules of origin, and legal issues.
The goal of the TPP is to create an ambitious, 21st-century agreement that will enhance trade and investment among the TPP partner countries, promote innovation, economic growth and development, and support the creation and retention of jobs. The Asia-Pacific region is home to some of the fastest growing economies in the world, and TPP will help open more markets to American businesses and exports.