Revamped Pacific trade pact is an important step forward for development - a podcast by Asian Development Bank Institute

Headlines about the rebirth of a trans-Pacific trade pact in Santiago, Chile in March have concentrated on the absence of the United States from the 11-nation agreement, or the trade gains expected for each of its signatories.

But those aren’t the only issues at stake in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or TPP-11, signed among Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Viet Nam.

Other areas that may prove important include the aspects of the pact that deal with infrastructure investment and rules on capital flows and foreign investment. Grant Stillman, legal advisor to the Asian Development Bank Institute, explains what is at stake.

Read the transcript
https://bit.ly/2sHpAy3

Read the blog post
https://www.asiapathways-adbi.org/2018/03/next-generation-of-quality-development-and-investment-in-the-new-pacific-trade-pact/

About the speaker
Grant Stillman is legal advisor to the Asian Development Bank Institute.

Know more about ADBI’s work on the Trans-Pacific Partnership
https://bit.ly/2JisyAr

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Website of Asian Development Bank Institute