04 Feb Historic TPP Trade Deal Signed
The United States and 11 other nations signed the Trans-Pacific Partnership (TPP) trade agreement Wednesday amid a range of protests in member countries—including in front of the White House with a banner that reads “TPP=Betrayal,” plus both support and outrage on the Internet, and a U.S. senator imploring Congress on Tuesday to reject the deal.
Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam signed the agreement with the United States, which together makes up 40 percent of the world’s GDP, at a ceremony in Auckland, New Zealand.
In a live feed of the signing, New Zealand Prime Minister John Key welcomed the signing ministers and said he hoped they were enjoying his country’s hospitality, adding that soon many more would be able to enjoy that hospitality since New Zealand fish, lamb and wine would be duty free across the TPP, “Because that’s how free trade agreements work,” he said.
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