Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 16 submissions in the queue.

Submission Preview

Link to Story

TPP Pacific Trade Deal Reached

Accepted submission by Phoenix666 at 2015-10-05 13:07:45
News

Trade ministers from the Asia-Pacific region have reached a deal on the Pacific trade pact [rt.com] that is intended to cut trade barriers and establish common standards for 12 countries, This is the largest trade pact in 20 years and has been a long-term goal of the Obama administration.

The bloc is headed by the US and includes Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

The Trans-Pacific Partnership agreement covers 40 percent of the world’s economy. Negotiations have been going on for five years.

The US visible exports to TPP countries totaled $698 billion in 2013, which is 44 percent America’s exported goods, says the organization website.

Maybe now the citizens will be allowed to see the details of what their leaders have agreed to?


Original Submission