TPP’s First-Mover Advantage

... multinational companies interests in the Asia-Pacific Region (APR). Sources close to the White House claim that more than 600 US corporations were involved in the text drafting and preliminary negotiations with partner countries. All TPP countries are APEC economies. Australia, Canada, Mexico, the United States and Japan are G20 member-states. It is important to note that none of the provisions in the TPP agreement contradicts the principles of the World Trade Organization (WTO). However, TPP launches a process of highlighting the most sophisticated international trade rules that suit a limited group of interested participants. In the future these next-generation rules may serve as a tool for exclusion of non-participating ...