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Final TPP Agreement Signed, Implementation by 11 Remaining Members to Begin

The 11 countries remaining in the Trans-Pacific Partnership following U.S. withdrawal signed the final TPP agreement on March 8 in Chile, according to a report from Reuters. “The signing of the Agreement enables us to move to the next phase,”…

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said a joint statement from the 11 countries, according to Global Affairs Canada. “Ministers expressed their determination to complete their domestic processes to bring the Agreement into force expeditiously.” The joint statement welcomed “the interest shown by a number of other economies wishing to accede to the Agreement.” The 11 TPP member countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The U.S. withdrew from TPP negotiations in January 2017 (see 1701300020).