Trans-Pacific Partnership Agreement released

5 Nov 15

GLOBAL, UNITED STATES

The White House today released the final text of the Trans-Pacific Partnership, a trade deal that liberalizes trade and travel barriers among 12 countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

The 2,000-page agreement includes provisions for country-to-country reciprocal easing of entry requirements for temporary workers and cross-border trade in services. Notably, the U.S. did not make any commitments under the provisions for “Temporary Entry for Business Persons,” which streamlines and promotes transparency in applications for temporary admission. The White House has indicated that the TPP will not require any changes to U.S. immigration law.

BAL Analysis: President Obama reportedly indicated to Congress his intent to sign the agreement, which triggers a 90-day clock before he can sign the deal under fast-track legislation. BAL will be releasing additional alerts and analysis on individual provisions of the agreement that affect immigration and business travel in key countries.

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