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The Trans-Pacific Partnership was officially signed by the 12 foundation members on 4 February in New Zealand.
Notwithstanding the signing of the TPP, considerable work has yet to be done to bring it into effect. Ratification of the agreement must now take place within a time period of 2 years for it to have legal force. At least 6 of the countries with a combined GDP of 85% of the group’s total GDP must ratify the agreement in this timeframe for it to come into force.
As a first step in Australia, the text of the TPP together with a National Interest Analysis of the agreement was tabled in Parliament by Trade Minister Andrew Robb on 9 February.
Click here to read the Analysis.
We will continue to update this hub with further developments as they occur.
Partner, Co-Head of the Latin America Group, Co-Head of the Public International Law Group, US Head of International Arbitration, London
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
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