The TPP Moves Forward Without Trump’s America

    Updated: May 23, 2017 at 7:58 am EST  See Comments

    Forbes — The Trans-Pacific Partnership (TPP) is still alive.

    Ministers from the 11 remaining TPP countries have released a formal statement affirming their intention to move forward with the TPP—despite the absence of the United States, which would have accounted for 60% of the trade agreement’s GDP. The statement was released after a series of frenetic meetings on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Vietnam last weekend.

    A target date of November 2017 has been set for the so-called “TPP 11” ministers to come up with a road map for next steps and actions.

    Previously, the trade pact had been pronounced dead and buried. Yet this new proclamation shouldn’t come as a surprise as the reasons for moving ahead are compelling.

    The remainder of this article is available in its entirety at Forbes

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