24 April 2017
Acronym in full: Trans-Pacific Partnership
Trans-Pacific Partnership (TPP) was a proposed trade agreement under negotiation by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam. The Office of the US Trade Representative on 5 November 2015 released the text of the TPP, which was formally signed by its 12 signatories in February 2016 although the new US president Donald Trump signed an executive order formally withdrawing the country from the trade deal in January 2017.
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Related term: RTA