eagle1462010
Diamond Member
- May 17, 2013
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Pacific-Rim Nations Led by US Agree to Historic Trade Accord
Twelve Pacific rim countries sealed the deal Monday on creating the world's largest free trade area, delivering President Barack Obama a major policy triumph.
The deal on the Trans-Pacific Partnership, led by the United States and Japan, aims to set the rules for 21st century trade and investment and press China, not one of the 12, to shape its behavior in commerce to the TPP standards.
"After five years of intensive negotiations, we have come to an agreement that will create jobs, drive sustainable growth, foster inclusive development, and promote innovation across the Asia Pacific Region," said US Trade Representative Michael Froman.
The hard-won deal to create the world's largest free-trade area, encompassing 40 percent of the global economy, came after five days of round-the-clock talks in an Atlanta hotel.
President Barack Obama, who made the TPP a priority of his second term, said the accord reached in Georgia "reflects America's values and gives our workers the fair shot at success they deserve."
Another job killer, which will outsource more jobs. Not only that, Companies can SUE COUNTRIES if their laws are deemed to hurt their business............No need to go country to country anymore. Companies can Sue directly.
BOHICA................to America..................
Twelve Pacific rim countries sealed the deal Monday on creating the world's largest free trade area, delivering President Barack Obama a major policy triumph.
The deal on the Trans-Pacific Partnership, led by the United States and Japan, aims to set the rules for 21st century trade and investment and press China, not one of the 12, to shape its behavior in commerce to the TPP standards.
"After five years of intensive negotiations, we have come to an agreement that will create jobs, drive sustainable growth, foster inclusive development, and promote innovation across the Asia Pacific Region," said US Trade Representative Michael Froman.
The hard-won deal to create the world's largest free-trade area, encompassing 40 percent of the global economy, came after five days of round-the-clock talks in an Atlanta hotel.
President Barack Obama, who made the TPP a priority of his second term, said the accord reached in Georgia "reflects America's values and gives our workers the fair shot at success they deserve."
Another job killer, which will outsource more jobs. Not only that, Companies can SUE COUNTRIES if their laws are deemed to hurt their business............No need to go country to country anymore. Companies can Sue directly.
BOHICA................to America..................