overview of trans- pacific partnership
TRANSCRIPT
Names ID Names IDPantho Sarker 20-033 Tasneem Hoque Muna 20-177
Md. Gulam Kibria 20-075 Sheikh Sajid Hasan 20-181
Md. Touhidul Islam 20-077 Farzana Islam 20-189
Khaleda Easmin 20-087 Mahmud Al Muktadir 20-214
Marzia Jahan 20-157 Mohammad Tamjid Faruque 20-218
WE ARE …GROUP : 2
Overview of Trans-Pacific Partnership
Now presenting....
MD. TOUHIDUL ISLAMID: 20-077
TPP Trans-Pacific Partnership
Agreement signature 4th February, 2016
Drafted on 5th October, 2015
Signature-Location Auckland, New Zealand
Now presenting....
MAHMUD AL MUKTADIRID: 20-214
Trans-Pacific Strategic Economic
Partnership Agreement (2005)
• Brunei• Chile• New Zealand• Singapore
Participation of Additional countries
(2008)• Australia • Canada • Japan • Malaysia • Mexico • Peru• United States• Vietnam
Trans-PacificPartnership
History of TPP
Main features of the Trans-pacific partnership
• Comprehensive market access• Regional approach to commitments
• Addressing new trade challenges.• Inclusive trade
• Platform for regional integration• Development of production and
supply chains
Now presenting....
SHEIKH SAJID HASANID: 20-181
Drafted onOctober 5th, 2015
Consists of 30 chapters
Latest inducteeU.S
Still not in effect
Trans-Pacific Partnership Agreement
Trans-Pacific Partnership Agreement
Scope of TPP
Resolves trade issues
Diversified group of countries
Revolutionizes Traditional
FTA,s
Scope of TPP
Now presenting....
PANTHO SARKERID: 20-033
Potential Chapters
Market Access
Labor environme
nt
Regulatory barriers
Investment
Intellectualproperty
Customs and trade
Potential Chapters
Market Access• Agricultural
products• Automobiles• Textile and
apparel
Customs and trade facilitation• Express shipment• Risk management
and Transparency
Labor• Acceptable work
conditions• Discourages
forced labor products
Chapter's Brief
Now presenting....
TASNEEM HOQUE MUNA ID: 20-171
Investment• Minimum standard of
treatment• Short-term capital
control• Private foreign
investment
Environment• Multi-lateral
agreements• Prohibits harmful
practices
Regulatory barriers• Technical barriers to
trade.• Anti-corruption• Phytosanitary
measures
Chapter's Brief
Key BenefitsTrans-Pacific Partnership
Labor Benefit Capital Benefit
Increase in Income
Job Creation
Increase in Exports
Tariff Incentives
Intellectual Property
Rights
Now presenting....
FARZANA ISLAMID: 20-189
Other Benefits
Types of Benefit Explanation
E-Commerce Encourages free flow of data between the TPP countries
Telecoms Uniform rates for mobile roaming between TPP members
Establish New Market
Establish trade between the countries by eliminating tariff
Investment opportunity Gives easier access into markets
Import Tax Reduces import taxes on the product of member countries
GDPGDP of TPP countries increased on average by 1.1 per cent, though for NAFTA countries it would only be 0.6 per cent.
Impact
Impact Increase/Decrease
Employment
Economic Growth
Productivity
Standard of Life
Poverty
Now presenting....
MARZIA JAHANID: 20-157
Threats of TPP
Weaken labor rights
Excessive power to corporations
Facilitating Foreign investors
Job loss for Us undermines public healthWeak rule of
originRestriction on food labelling
Threats of TPP
1. Job loss:
Due to growing trade deficits with China
2. Equal rules on unequal partners:
Uniform tax and financial policies regardless of countries different stages of economic
development
3. Undermining public health:
Threatening access to affordable medicines by including new monopoly right for
pharmaceutical companies
4. Financial deregulation:
Increases the profits of the financial sector but threatens the financial stability
Now presenting....
MOHAMMAD TAMJID FARUQUEID:20-218
Cont….
5. Limiting regulation of foreign investors :
No special regulations to foreign investors
6. Deprive companies from acquiring needed technology
Raising the costs of And creating new barriers to access needed manufacturing technologies
7. Weak rules of origin:
Allowing China and other NON_TPP countries to get benefit
8.Too Much Power to corporations
Allowing multinational companies to challenge laws, regulations and policies in Australia,
Canada, Egypt, Peru and Uruguay
Difference between TPP and other trade agreements (NAFTA)
TPP NAFTA
TPP free up trade of some certain goods and products like diary, medicine etc.
But NAFTA has no such provision. Rather it eliminates tariffs.
Products imported are treated as their country of origin.
Under NAFTA no country can treat imported goods as their country of origin.
TPP imposes shorter patent for certain complex drugs.
NAFTA has no such provision regarding patent.
Now presenting....
MD. GULAM KIBRIAID: 20-075
Comparative advantage of trading intellectual properties
Strongest worker and environmental protections
Benefits small businesses from global trade.
Promotes e-commerce
Protects digital freedom
Preserves open Internet
Benefits of TPP
IssuesPatent rights may be interfered
Leaked documents may hamper self-interest
It is currently being negotiated behind door.
Negative impacts of TPP
Now presenting....
KHALEDA EASMIN20-087
Recommendations
TPP
(Politics Free)More economical than political
(Public participation) To ensure validity and transparency.
(Transparency)Negotiations should
be transparent.(Concluded)nothing is agreed until everything is
agreed by everyone
TPP
(Public accountability and standard
ethics)
(Stop facilitating monopoly market)
IN DCs like Uk(Lower medicine cost)
In Australia
Recommendations