Secrets of the Trade
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چکیده
President Obama has discovered first-hand how difficult wrangling the interests of a dozen nations can be. For six years, the Trans-Pacific Partnership (TPP) has been in negotiations and might prove to be Obama’s crowning foreign policy achievement. If the 12-nation Free Trade Agreement (FTA) passes, it will shape the future of economic development in the Asia-Pacific and cement the U.S. as the head honcho in region, but despite recent progress the deal is no sure bet. It certainly sounds important, but what does the TPP actually mean for its members? For an FTA as significant and comprehensive as the TPP, there has been surprisingly little media coverage thanks in part to the secretive nature of negotiations. What is known, however, is that the TPP is a big deal both literally and figuratively.
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