Member Countries Aim to Sign Formal Deal in February


Nikkei Asian Review 2016-01-05

The 12 members of the Trans-Pacific Partnership free trade pact are making arrangements to sign an agreement in February that will verify the wording of the free trade agreement.

Approval by major countries, such as the U.S., is necessary to implement the TPP free trade deal. Whether the U.S. Congress will give a go-ahead by the year end will be the key to the pact's early enforcement.

After the member nations struck a broad agreement in October last year in Atlanta, the U.S., Japan, Australia, New Zealand and other members have been trying to work out the specific wording of the agreement.

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