The largest hurdle for the 12-member Trans-Pacific Partnership (TPP) agreement — the US president’s ability to get Trade Promotion Authority, or fast track — has been cleared. Many people think that the TPP can be wrapped up in a few months.
Australia is on the cusp of joining a huge new United States-led trade deal which will "set the rules" for doing business in the region at the expense of China.
Bangladesh's export of ready-made garments (RMG) to the United States grew remarkably between 2005 and 2011. Since then, there has been little growth in export of either knit or woven garments. Total apparel export increased by 7.3 per cent between 2011 and 2014, which is slightly more than the increase in the US apparel import demand. This obviously means that Bangladesh barely managed a very small increase of 0.1 per cent in its share of the US market. Declining exports to Bangladesh's single largest export destination indicates that a downtrend has started in garment exports.
HANOI: The Trans-Pacific Partnership (TPP) trade agreement, of which Vietnam is a member, will come to a conclusion late this year has turned the Southeast Asian country into a so popular destination for investment for export. Many other countries outside of the TPP have already poured billions into the group to grasp the chances for exporting to the remaining eleven members, especially the U.S., which almost every country in the world wants to sell their goods to. India is the latest to signal that it will take seriously the opportunities to invest in Vietnam for export to the other TPP member countries.
The Trans-Pacific Partnership trade deal has been cast as a showdown between Canada and the United States over this country’s protected dairy and poultry industries.