08-11-2017 17:00
What next after the US withdrawal from the TPP?
Brussels
The INTA Committee held a workshop discussing with distinguished academics from the EU, the US and Asia the implications of the US withdrawal from TPP for the TPP countries, the Pacific region and the EU. The debate allowed to shed more light on possible future scenarios and the ramifications of this US decision for EU trading partners as well as its impact on the EU's own trading agenda.
Twelve Asia-Pacific countries - Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the US and Vietnam - concluded negotiations on the Trans-Pacific Partnership (TPP) in late 2015. It was seen as a landmark free trade arrangement, similar to the EU's new-generation FTAs. On his first day in the office, in January 2017, President Donald Trump decided to withdraw the US from the TPP.