11 Nations Sign Trans-Pacific Trade Deal Without US
Eleven countries in the Pacific region have signed a major Asia-Pacific free trade agreement in Santiago, Chile. The deal is a new version of the Trans-Pacific Partnership from which the U.S. withdrew last year.
The agreement is called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP. The deal is aimed at reducing import taxes and putting in place trade rules for member nations.
The countries represent 500 million people and more than 13 percent of the world economy. With the U.S., the agreement would have covered 40 percent of the world economy.
US withdrawal from Trans-Pacific deal
U.S. President Donald Trump announced the withdrawal from the TPP trade pact soon after he took office. The move was a main campaign promise he made during the 2016 presidential election.
In January, Trump signaled the U.S. was reconsidering its policy at the World Economic Forum in Davos, Switzerland. He said the U.S. would be willing to rejoin the agreement if the U.S. could get "a much better deal than we had."
The Trump administration is currently renegotiating another trade deal, The North American Free Trade Agreement with Canada and Mexico. It is also set to approve taxes of 25 percent on steel and 10 percent on aluminum imports in an effort to protect those industries.
The president has said he is willing to show flexibility to nations that are "real friends" on the proposed tariffs. Leaders of many nations, however, have criticized developing U.S. trade policy saying it is becoming increasingly protectionist.
Canada, Japan lead changes to trade deal
In the last year, Canada and Japan led the remaining 11 countries involved in the TPP to a revised agreement in January. The final version of the deal was released in New Zealand on February 21.
Reuters news service reports that more than 20 provisions have been suspended or changed in the final version of the CPTPP agreement.
These include rules on intellectual property which the U.S. objected to during the earlier TPP negotiations.
Kimberlee Weatherall is a professor of law at the University of Sydney. She says many changes have been made to provisions in the new CPTPP.
"They have suspended many of the controversial ones, particularly around pharmaceuticals," she said.
New rules are believed to increase intellectual property protections for drug companies. Some governments and activists object to such rules because of concerns about increasing the cost of medicines.
Other countries signing the deal are Australia, Brunei, Chile, Malaysia and Mexico. New Zealand, Peru, Singapore and Vietnam are also included.
Heraldo Munoz is Chile's minister of foreign affairs. He called the agreement a strong signal "against protectionist pressures, in favor of a world open to trade, without unilateral sanctions and without the threat of trade wars."
Once signed, lawmakers in each of the countries will have to approve the trade agreement. It will go into effect 60 days after at least six countries have approved the deal.
I'm Mario Ritter.
1.the Pacific region 太平洋地区
The algorithm should be considered in other countries where skin diseases in children are a priority, particularly in the Pacific region.
2.trade wars 贸易战争
However, in the attempt, they can set off trade wars.
3.intellectual property 知识产权
Why should we worry about intellectual property protection for infectious diseases and diseases of the poor?
4.foreign affairs 外交事务
The French Minister of Foreign Affairs is the equal of American Secretary of State.
5.He called the agreement a strong signal "against protectionist pressures, in favor of a world open to trade, without unilateral sanctions and without the threat of trade wars."
in favor of 支持
Today's election will skew the results in favor of the northern end of the county.
They phased out my job in favor of a computer.
6.It will go into effect 60 days after at least six countries have approved the deal.
go into effect 生效
The regulations are not expected to fully go into effect for at least another year.
The standard is slated to go into effect next year.
太平洋地区的11个国家在智利首都圣地亚哥签署了一项重大的亚太自由贸易协议 。该协议是新版《跨太平洋伙伴关系协定》，去年美国退出了这项协定 。
该协定的成员国拥有共5亿人口，占全球经济总值13%以上 。如果美国没有退出，成员国将占全球经济总值的40% 。
美国总统唐纳德·特朗普（Donald Trump）上任后不久宣布退出《跨太平洋伙伴关系协定》 。此举是兑现其在2016年总统竞选期间做出的主要承诺之一 。
1月份，特朗普在参加瑞士达沃斯世界经济论坛期间释放出正在重新考虑其政策的信号 。特朗普表示，美国会考虑重新加入该协定，前提是获得“比以往更优厚的条件 。”
目前，特朗普政府正在与加拿大和墨西哥重新商定另一项贸易协定——《北美自由贸易协定》 。特朗普政府还决定批准对进口钢铁、铝制品征收25%和10%的关税，以保护国内的钢铁和铝制品行业 。
特朗普总统表示，愿意为“真正盟友国”在关税方面进行灵活的调整 。不过，多个国家的领导人纷纷谴责了美国的贸易政策，并表示美国的贸易保护主义色彩越来越浓重 。
去年，加拿大和日本召集《跨太平洋伙伴关系协定》中的11个国家签订了一份修订版协议 。该协议的最终版本于2月21日在新西兰发表 。
金伯利·韦瑟罗尔（Kimberlee Weatherall）是悉尼大学的法学教授 。她表示，新版《全面且先进的跨太平洋伙伴关系协定》的条款内容做了多处修改 。
据称，新条款内容增加了对制药公司的知识产权保护 。一些政府和积极分子反对这样的条款内容，因为他们担心药物的成本会增加 。
签订新版协定的国家还包括澳大利亚、文莱、智利、马来西亚和墨西哥 。新西兰、秘鲁、新加坡、越南也在其中 。
埃拉尔多·穆尼奥斯（Heraldo Munoz）是智利的外交部部长 。他认为，新版协定是反对贸易保护主义压力的强烈信号，是对世界公开贸易的支持，也是对单边制裁和贸易战争威胁的抗争 。
一经签订，各成员国的议员必须批准新版协定 。只要有6个国家完成批准手续，该协定即可于60天后生效 。