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  • Trade negotiators have reached a historic deal... on what has become the world′s largest

  • free trade pact,... accounting for 40 percent of the global economy.

  • Once ratified,... it will remove trade barriers for twelve countries,... including the U.S.,

  • Canada and Japan. So... how big a deal is the TPP

  • Kim Minji reports. Theyre calling it a historic agreement.

  • After five years of talkstrade negotiators from 12 countries have struck a deal that

  • will reduce tariffs on almost 18-thousand categoriesranging from automobiles to

  • food,... and set standards for labor and the environment in the trade bloc.

  • We have come to an agreement that will support jobsdrive sustainable growth

  • foster inclusive developmentand promote innovation across the AsiaPacific region.″

  • The trade pactcalled the TransPacific Partnershipor TPP,... involves the US

  • JapanMalaysiaVietnam and eight other Pacific Rim countries,... which together

  • account for about 40 percent of the global economy.

  • It is the largest trade pact ever,... making up for more than a quarter of the world′s

  • trade volume,... and covers a combined population of almost 800 million.

  • Supporters of the deal say the agreement will facilitate higher paying jobs,... as well

  • as boost productivity and competitiveness and raise living standards in member countries.

  • Some also see it as a way to counter a rising China,... which is not a member of the agreement,...

  • and paves the way to open new markets for American companies.

  • Howevercritics have not been happy about negotiations they say have been overly secretive

  • in nature,... and argue that the trade deal will benefit large corporations and shift

  • more jobs overseas. Although the deal has been concludedthis

  • is just the first step in what is likely to be a long road ahead as the participating

  • countries take the deal back to their governments for approval.

  • Kim MinjiArirang News.

Trade negotiators have reached a historic deal... on what has become the world′s largest

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貿易部長達成TPP協議 세계 최대 ′메가 FTA′ 홍생한다...12개국 곧 TPP 비준 수 (Trade ministers reach agreement on TPP 세계 최대 ′메가 FTA′ 탄생한다…12개국 곧 TPP 비준 착수)

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    richardwang 發佈於 2021 年 01 月 14 日
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