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TPPA

TPPA stands for the Trans-Pacific Partnership Agreement, a regional trade agreement negotiated among Pacific Rim economies. Initiated in the 2000s and finalized in the mid-2010s, the treaty aimed to promote trade liberalization and deeper economic integration by reducing tariffs and establishing common rules on trade, investment, intellectual property, and regulatory coherence across its members. The negotiations involved twelve economies: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam.

Key provisions covered goods and services trade, investment protections including investor-state dispute settlement, intellectual property protections,

In 2017 the United States announced its withdrawal from the agreement, affecting the original framework. In

government
procurement,
e-commerce,
competition
policy,
and
labor
and
environmental
standards.
The
treaty
was
controversial
in
several
countries,
with
critics
arguing
it
could
constrain
domestic
policy
and
sovereignty.
March
2018
the
remaining
eleven
economies
signed
the
Comprehensive
and
Progressive
Agreement
for
Trans-Pacific
Partnership
(CPTPP),
a
renegotiated
pact
that
preserves
most
TPPA
provisions
but
suspends
or
modifies
a
number
of
them
in
light
of
the
United
States’
absence.
The
CPTPP
entered
into
force
for
several
signatories
in
late
2018
and
has
since
expanded
to
include
all
member
economies.
The
TPPA
name
is
sometimes
used
historically
or
interchangeably
with
the
TPP,
but
in
practice
the
modern
framework
is
CPTPP.