The Trans-Pacific Partnership Agreement

Ian F. Fergusson and Bruce Vaughn | Congressional Research Service | 2010-11-01

This report offers insight into the progress and activities of the Trans-Pacific Partnership Agreement (TPP), a free trade agreement that includes Brunei, Chile, New Zealand, and Singapore. The United States, Australia, Peru, and Vietnam have also committed to joining and expanding the group. "According to the U.S. Trade Representative, the Asia-Pacific region is a key driver of global economic growth and accounts for nearly 60% of global GDP and roughly 50% of international trade," the report states. "Since 1990, Asia-Pacific goods trade has increased 300% while there has been a 400% increase in global investment in the region."

The actual text of the Trans-Pacific Partnership Agreement, dated Dec. 1, 2005, is also availble in the WPR Document Center.