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1、Trans-PacificPartnership(TPP)Countries:ComparativeTradeandEconomicAnalysisTrans-PacificPartnership(TPP)Countries:ComparativeTradeandEconomicAnalysisBrockR.WilliamsAnalystinInternationalTradeandFinanceFebruary8,2012CongressionalResearchService7-5700.crs.govR42344CRSReportf
2、orCongressPreparedforMembersandCommitteesofCongressTrans-PacificPartnership(TPP)Countries:ComparativeTradeandEconomicAnalysisSummaryTheTrans-PacificPartnership(TPP)isaproposedregionalfreetradeagreement(FTA)currentlyundernegotiationbetweenAustralia,Brunei,Chile,Malaysia,Ne
3、wZealand,Peru,Singapore,theUnitedStates,andVietnam.Thenegotiatingpartnershaveexpressedaninterestinallowingthisproposed“livingagreement”tocovernewtradetopicsandtoincludenewmembersthatarewillingtoadopttheproposedagreement’shighstandards.Tothatend,Canada,Japan,andMexicorecen
4、tlystatedthattheywouldseekconsultationswiththepartnercountriesaboutthepossibilityofjoiningthenegotiations.TheTPPnegotiationsareofsignificantinteresttoCongress.CongressionalinvolvementincludesconsultationswithU.S.negotiatorsonandoversightofthedetailsofthenegotiations,andev
5、entualconsiderationoflegislationtoimplementthefinaltradeagreement.InassessingtheTPPnegotiations,MembersmaybeinterestedinunderstandingthepotentialeconomicimpactandsignificanceofTPPandtheeconomiccharacteristicsoftheotherTPPcountriesastheyevaluatethepotentialimpactofthepropo
6、sedTPPontheU.S.economyandthecommercialopportunitiesforexpansionintoTPPmarkets.ThisreportprovidesacomparativeeconomicanalysisoftheTPPcountriesandtheireconomicrelationswiththeUnitedStates.ItsuggeststhattheTPPnegotiatingpartnersencompassgreatdiversityinpopulation,economicdev
7、elopment,andtradeandinvestmentpatternswiththeUnitedStates.Thiseconomicdiversityandinclusionoffast-growingemergingmarketspresentsbothopportunitiesandchallengesfortheUnitedStatesinachievingacomprehensiveandhighstandardregionalFTAamongTPPcountries.TheproposedTPPanditspotenti
8、alexpansionareimportantduetotheeconomicsignificanceoftheAsia-PacificregionforboththeUnitedStates