Assignment Type: Trans Pacific Partnership
Submitted By:
JASPREET SAINI
Student Id:
300728019
Submitted To:
Prof. Nadia Jones
Submission Date
August 12, 2013.
Trans Pacific Partnership:
The trans pacific partnership (TPP) was initiated by United states which was signed between 12 different nations in order to initiate free trade and corporate rights deal between the undersigned nations. The 12 nations which were included in the trans pacific partnership agreement was Australia, Canada, Japan, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Brunei, Vietnam, Thailand, Phillipines, and South Korea.
There are currently 26 different chapters which are being discussed and negotiated under the agreement of TPP, but only 2 out of 26 are concerned with ongoing trade agreements between them. All remaining 24 chapters concerns with different issues such as government regulations, corporate activities, issues related to pharmaceutical partners and copyrights, governing regulations for internet, distributing and sharing personal information across different countries, banking and tax regulations between the countries undersigned, and how and when a company or investor should be …show more content…
(Canada joins TPP free trade talks, 2012)
To conclude, Transpacific Partnership will encourage Canadian corporations to freely exchange digital information through different media between different countries which will eventually help the corporations to protect the information exchanged in a safe and secured manner. Moreover, it will assist the corporations to do business on an international basis which will give corporations an opportunity for global exposure which will eventually help the corporations to gain higher