Trans-Pacific Partnership Negotiations
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Trans-Pacific Partnership Negotiations
The negotiations for the Trans-Pacific Partnership Agreement were held between 12 countries between 2008 and 2015. The negotiations were aimed at obtaining an agreement between the Trans-Pacific Strategic Economic Partnership Agreement parties Brunei, Chile, Singapore and New Zealand, as well as the Australia and the United States. Trans-Pacific Strategic Economic Partnership Agreement Brunei—a member of the Asia Pacific Economic Cooperation (APEC) since 1989— has played an important role in the formation of the earlier trade agreements that led up to the creation of TPP in 2005. In 2000 Brunei hosted the pivotal meeting of APEC where discussion began and later the ASEAN Regional Forum (ARF) in July 2002. By 2001 New Zealand and Singapore had already joined in the New Zealand/Singapore Closer Economic Partnership (NZSCEP). The ''Trans-Pacific Strategic Economic Partnership Agreement'' (Trans-Pacific SEP) built on the NZSCEP. During the 2002 Asia-Pacific Economic Cooperat ...
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Trans-Pacific Strategic Economic Partnership Agreement
The Trans-Pacific Strategic Economic Partnership Agreement (TPSEP), also known as P4, is a trade agreement between four Pacific Rim countries concerning a variety of matters of economic policy. The agreement was signed by Brunei, Chile, Singapore and New Zealand in 2005 and entered into force in 2006. It is a comprehensive trade agreement, affecting trade in goods, rules of origin, trade remedies, sanitary and phytosanitary measures, technical barriers to trade, trade in services, intellectual property, government procurement and competition policy. Among other things, it called for reduction by 90 percent of all tariffs between member countries by 1 January 2006, and reduction of all trade tariffs to zero by the year 2015. Earlier agreements By 2001, New Zealand and Singapore had concluded the Agreement between New Zealand and Singapore on a Closer Economic Partnership (NZSCEP). The ''Trans-Pacific Strategic Economic Partnership Agreement'' built on the NZSCEP. Negotiations Duri ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ...
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Financial Post
The ''Financial Post'' was an English Canadian business newspaper, which published from 1907 to 1998. In 1998, the publication was folded into the new ''National Post'',"Black says Post to merge with new paper". ''The Globe and Mail'', July 23, 1998. although the name ''Financial Post'' has been retained as the banner for that paper's business section and also lives on in the ''Post''s monthly business magazine, ''Financial Post Business''. The ''Financial Post'' started publication in 1907 by John Bayne Maclean."Publishing Inc. on the move". ''The Globe and Mail, April 9, 1983. It was a weekly publication, and one of the core assets of Maclean's media business, which eventually became Maclean-Hunter. The paper was purchased by Sun Media in 1987, and expanded into a daily tabloid on February 1, 1988, and added home delivery newspaper in 1990, with a reformatted ''Financial Post Magazine'' following shortly after. In 1998, Sun Media sold the ''Financial Post'' to Hollinger, whos ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Supply Management (Canada)
Canada's supply management (), abbreviated SM, is a national agricultural policy framework used across the country, which controls the supply of dairy, poultry and eggs through production and import controls and pricing mechanisms. The supply management system was authorized by the 1972 ''Farm Products Agencies Act'', which established the two national agencies that oversee the system. The Agriculture and Agri-Food Canada federal department is responsible for both the Canadian Dairy Commission and its analogue for eggs, chicken and turkey products, the Farm Products Council of Canada. Five national supply management organizations, the SM-5 Organizations — Egg Farmers of Canada (EFC), Turkey Farmers of Canada (TFC), Chicken Farmers of Canada (CFC), the Canadian Hatching Egg Producers (CHEP) and the Ottawa-based Canadian Dairy Commission (CDC), a Crown corporation — in collaboration with provincial and national governing agencies, organizations and committees, administer the supp ...
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Nihon Keizai Shimbun
''The Nikkei'', also known as , is the flagship publication of Nikkei, Inc. (based in Tokyo) and the world's largest financial newspaper, with a daily circulation exceeding 1.73 million copies. The Nikkei 225, a stock market index for the Tokyo Stock Exchange, has been calculated by the newspaper since 1950. It is one of the four national newspapers in Japan; the other three are ''The Asahi Shimbun'', the ''Yomiuri Shimbun'' and the ''Mainichi Shimbun''. History The roots of the Nikkei started with an in-house newspaper department of Mitsui & Company in 1876 when it started publication of ''Chugai Bukka Shimpo'' (literally ''Domestic and Foreign Commodity Price Newspaper''), a weekly market-quotation bulletin. The department was spun out as the ''Shokyosha'' in 1882. The paper became daily (except Sunday) in 1885 and was renamed ''Chugai Shōgyō Shimpo'' in 1889. It was merged with ''Nikkan Kōgyō'' and ''Keizai Jiji'' and renamed ''Nihon Sangyō Keizai Shimbun'' in 1942. ...
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APEC United States 2011
APEC United States 2011 was a series of political meetings around the United States between the 21 member economies of the Asia-Pacific Economic Cooperation during 2011. It culminated in the 19th APEC Economic Leaders' Meeting held at the Hawaii Convention Center in Honolulu, Hawaii from November 12–13, 2011. The United States last hosted an APEC summit at the 1993 summit in Seattle. President Barack Obama, a Honolulu native, and First Lady Michelle Obama hosted the other leaders and spouses. Attendees Former Vice President of the Republic of China Lien Chan represented the Republic of China (Taiwan) at the APEC summit. He served as President Ma Ying-jeou's envoy for the fourth consecutive year. Thai Prime Minister Yingluck Shinawatra withdrew from the summit due to ongoing flood disaster in Bangkok. Shinawatra was instead represented by her Deputy Prime Minister Kittiratt Na-Ranong. Mexican President Felipe Calderón cancelled his trip to the APEC summit following the d ...
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Barack Obama
Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the United States. He previously served as a U.S. senator from Illinois from 2005 to 2008 and as an Illinois state senator from 1997 to 2004, and previously worked as a civil rights lawyer before entering politics. Obama was born in Honolulu, Hawaii. After graduating from Columbia University in 1983, he worked as a community organizer in Chicago. In 1988, he enrolled in Harvard Law School, where he was the first black president of the '' Harvard Law Review''. After graduating, he became a civil rights attorney and an academic, teaching constitutional law at the University of Chicago Law School from 1992 to 2004. Turning to elective politics, he represented the 13th district in the Illinois Senate from 1997 until 2004, when he ran for the U ...
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APEC Japan 2010
APEC Japan 2010 was a series of political meetings held around Japan between the 21 member economies of the Asia-Pacific Economic Cooperation during 2010. It culminated in the 18th APEC Economic Leaders' Meeting held in Yokohama from November 13–14, 2010. Japan last hosted an APEC summit in 1995 in Osaka. A major focus of the meetings were the so-called Bogor Goals, as 2010 was the target year for developed members of the Pacific Rim to achieve free trade and investment. Theme Change and action was chosen to represent the need for APEC to build upon its past successes to propose necessary “changes” and execute concrete “actions” during the period of significant change in the global political and economic order to ensure that it will continue to play an important and relevant role in the 21st Century. See also * Asia-Pacific Economic Cooperation References External links * Mirror website archived by the Ministry of Foreign Affairs of Japan 2010 File:201 ...
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Ron Kirk
Ronald Kirk (born June 27, 1954) is an American lawyer, politician and member of the Democratic Party who served as the United States Trade Representative from 2009 to 2013 and the 57th Mayor of Dallas from 1995 to 2002. Born in Austin, Texas, Kirk is a graduate of Austin's John H. Reagan High School, Austin College, and the University of Texas School of Law. From 1994 to 1995, Kirk worked as the Secretary of State of Texas, until he was elected as the Mayor of Dallas, where he served from 1995 to 2002 and was the first African-American to hold either of those positions. He ran for the United States Senate in 2002, but was defeated by Republican opponent John Cornyn. After his defeat, Kirk worked as a partner at the Houston-based law firm Vinson & Elkins and worked as a lobbyist for Energy Future Holdings and Merrill Lynch. Kirk was nominated by President Barack Obama to serve as U.S. Trade Representative and on March 18, 2009, and was confirmed by the U.S. Senate in a 92–5 con ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Susan Schwab
Susan Carol Schwab (born March 23, 1955) is an American politician, who served under President George W. Bush as United States Trade Representative from June, 2006 to January, 2009. She is not related to Charles R. Schwab Sr., founder of the Charles Schwab Corporation, despite coincidentally sharing the same last name; she is also not to be confused with his first wife Susan (Cotter) Schwab. She was nominated to replace Rob Portman as United States Trade Representative in April, 2006, becoming Acting Trade Representative upon Portman's confirmation as director of the Office of Management and Budget. Previously, she served as Deputy United States Trade Representative from 2005 to 2006. Career Prior to becoming Deputy Trade Representative, she had served since 2003 as President and CEO of the University System of Maryland Foundation. From 1995 to 2003, she served as Dean of the School of Public Policy at the University of Maryland, College Park, where she remains on the faculty. ...
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