Trans Pacific Partnership Agreement Text


The Chapter on Administrative and Institutional Arrangements sets out the institutional framework within which the Parties will assess and direct the implementation or operation of the TPP, in particular through the establishment of the Trans-Pacific Partnership Commission, composed of ministers or senior officials to oversee the implementation or operation of the Agreement and to guide its future development. This Commission will regularly review the economic relations and partnership between the Parties to ensure that the Agreement remains relevant to the trade and investment challenges facing the Parties. The Chapter also requires each Party to designate a national contact point to facilitate communication between Parties and establishes a mechanism by which a Party with a specific transitional period for a commitment is to report on its plans and progress in implementing that commitment. This will ensure greater transparency in the implementation of the Parties` obligations. Progress in the Trans-Pacific Partnership talks continued during the 14th round of TPP negotiations, which concluded on September 15, 2012 in Leesburg, United States. TPP negotiators met in November. The 15th round took place from 3 to 12 December 2012 in Auckland, New Zealand. The 16th round of negotiations took place from 4 to 13 March 2013 in Singapore. In April, TPP trade ministers met in Surabaya, Indonesia, to determine the way forward on outstanding issues for the conclusion of negotiations and Japan`s accession to the agreement. The TPP Parties agree to eliminate and reduce tariff and non-tariff barriers to trade in industrial products, as well as to abolish or reduce tariffs and other restrictive policies on agricultural products. Preferential access under the TPP will boost trade between TPP countries in this market of 800 million people and promote quality jobs in all 12 parties.

Most tariffs on industrial products will be implemented immediately, although tariffs on some products will be eliminated over longer periods, as agreed by the TPP parties. Specific tariff reductions agreed by TPP Parties are included in the schedules for all products. TPP Parties will publish all tariffs and other information related to trade in goods to ensure that small and medium-sized enterprises and large enterprises can reap the benefits of the TPP. They also agree not to use performance requirements, which are conditions such as local production requirements that some countries impose on companies so that they can benefit from tariff advantages. In addition, they agree not to impose WTO-inconsistent import and export restrictions and tariffs, including on reprocessed goods, which will encourage the recycling of parts into new products. If TPP Parties maintain import or export licensing requirements, they will inform each other of procedures to increase transparency and facilitate trade flows. The TPP`s transparency and anti-corruption chapter aims to promote the common goal of all TPP parties to strengthen good governance and combat the corrosive effects of corruption on their economies. In accordance with the Chapter on Transparency and Anti-Corruption, TPP Parties must ensure that their laws, regulations and administrative decisions of general application are publicly available on all matters covered by the TPP and that rules that may affect trade or investment between the Parties can be noted and commented on to the extent possible. The TPP parties agree to guarantee certain procedural rights to TPP stakeholders in the context of administrative proceedings, including prompt review by courts or impartial judicial or administrative proceedings. You also agree to enact or maintain laws that criminalize the offering or solicitation of undue benefits by a public official, as well as other acts of bribery that affect international trade or investment. The Parties also undertake to effectively enforce their anti-corruption laws and regulations. In addition, they undertake to adopt or maintain codes or standards of conduct for their officials, as well as to take measures to identify and manage conflicts of interest, to improve the training of public officials, to prevent donations, to facilitate the reporting of acts of corruption and to facilitate the reporting of acts of corruption and to introduce disciplinary or other measures for public officials, who are involved in acts of corruption.

In an Annex to this Chapter, the TPP Parties also agree on provisions that promote transparency and procedural fairness with respect to the listing and reimbursement of drugs or medical devices. The obligations set out in this Annex shall not be subject to dispute settlement proceedings. All TPP parties are members of the International Labour Organization (ILO) and recognize the importance of promoting internationally recognized workers` rights. The TPP Parties agree to adopt and maintain in their laws and practices the fundamental labour rights recognized in the 1998 ILO Declaration, namely freedom of association and the right to collective bargaining; the elimination of forced labour; the abolition of child labour and the prohibition of the worst forms of child labour; and the elimination of discrimination in the workplace. .