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TPP Agreement Reached; Full Text Available in 30 Days

On Oct. 5, trade ministers from the 12 participating Trans-Pacific Partnership (TPP) countries – the United States, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – announced a successful conclusion to their negotiations.

U.S. Trade Representative Michael Froman said the full text of the agreement will be available to the public in about 30 days. A brief summary of the agreement is posted on the USTR website, while USDA posted the following fact sheets regarding the TPP’s impact on agricultural trade:

TPP Benefits for U.S. Agricultural Products

TPP Benefits by State

Please note that these documents are abbreviated fact sheets, and do not include full details of the terms agreed to in TPP. USMEF will report further on the agreement’s red meat trade provisions as more details become available for review.