ABSTRACT
The Trans-Pacific Partnership (TPP) was an international commercial agreement among 12 nations in the Asia-Pacific region representing about 38 per cent of the global economy. It included wide-ranging obligations to eliminate almost all tariffs and reduce other barriers to trade and investment in goods and services, new rules governing domestic policies that affect international commerce, and enforcement and dispute resolution procedures to promote compliance with the TPP provisions. In terms of the breadth and depth of the reforms agreed by the partner countries, the TPP was more comprehensive than any commercial accord since the ill-fated 1948 Charter for an International Trade Organization (ITO).
