A Baker & McKenzie report released today reveals that companies see huge opportunities in the ASEAN block as mega-regional trade initiatives – the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP) and China’s One Belt One Road (OBOR) – work in tandem to improve connectivity and the overall business environment in the region. The Report, ‘ASEAN Connections’, is based on a survey conducted by the Economist Corporate Network on behalf of Baker & McKenzie. The survey…
The U.S. Department of Commerce International Trade Association has published a new report detailing how the Trans-pacific Partnership (TPP) will serve to reduce trade barriers faced by companies in the U.S. and 11 other member companies. The report provides country comparisons for TPP member countries highlighting the immediate benefit TPP will have on each member country once implemented. Please click the link below to access the report. http://www.trade.gov/fta/tpp/pdfs/full-country-report.pdf
The Ministers representing the TPP signatories have announced the signing of the agreement. According to the Ministers’ statement, “The signing of the agreement signals an important milestone and the beginning of the next phase for TPP. Our focus now turns to the completion of our respective domestic processes.” You may access the Ministers’ statement in the USTR page.
Present with offices in 10 of the 12 participating countries, Baker & McKenzie is committed to providing our clients with the most up-to-date information on the TPP and advice as to how to best take advantage of the trade and investment opportunities it presents. Please see an overview of TPP topics and key industries of interest as they related to Baker & McKenzie’s global capabilities here.