The Trans-Pacific Partnership (TPP) is a trade agreement among twelve Pacific Rim countries signed on 4 February 2016 in Auckland, New Zealand, after seven years of negotiations, which has not entered into force. The 30 chapters of the TPP Agreement concern many matters of public policy and a stated goal to "promote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labor and environmental protections." Among other things, the Agreement contains measures to lower trade barriers such as tariffs, and establish an investor-state dispute settlement mechanism (but states can opt out from tobacco-related measures). The United States government has considered the TPP as the companion agreement to the proposed Transatlantic Trade and Investment Partnership (TTIP), a broadly similar agreement between the United States and the European Union.
Historically, the TPP is an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4), which was signed by Brunei, Chile, New Zealand, and Singapore in 2005. Beginning in 2008, additional countries joined the discussion for a broader agreement: Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam, bringing the total number of participating countries in the negotiations to twelve. Current trade agreements between participating countries, such as the North American Free Trade Agreement, will be reduced to those provisions that do not conflict with the TPP, or that provide greater trade liberalization than the TPP.
Participating nations aimed at completing negotiations in 2012, but contentious issues such as agriculture, intellectual property, and services and investments prolonged negotiations. They finally reached agreement on 5 October 2015. Implementing the TPP has been one of the trade agenda goals of the Obama administration in the US. On 5 October 2015 Canadian prime minister Stephen Harper expected "signatures on the finalized text and deal early in the new year, and ratification over the next two years." A version of the text of the treaty "Subject to Legal Review (...) for Accuracy, Clarity and Consistency" was made public on 5 November 2015, the same day President Obama notified Congress that he intends to sign it.
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CUSTOMS ADMINISTRATION AND TRADE FACILITATION
Article 5.1: Customs Procedures and Facilitation of Trade
Each Party shall ensure that its customs procedures are applied in a
manner that is predictable, consistent and transparent.
Article 5.2: Customs Cooperation
With a view to facilitating the effective operation of this Agreement, each
encourage cooperation with other Parties regarding significant
customs issues that affect goods traded between the Parties; and
endeavour to provide each Party with advance notice of any
significant administrative change, modification of a law or
regulation, or similar measure related to its laws or regulations that
governs importations or exportations, that is likely to substantially
affect the operation of this Agreement.
Each Party shall, in accordance with its law, cooperate with the other
Parties through information sharing and other activities as appropriate, to achieve
compliance with their respective laws and regulations that pertain to:
the implementation and operation of the provisions of this
Agreement governing importations or exportations, including
claims for preferential tariff treatment, procedures for making
claims for preferential tariff treatment and verification procedures;
the implementation, application and operation of the Customs
restrictions or prohibitions on imports or exports;
investigation and prevention of customs offences, including duty
evasion and smuggling; and
other customs matters as the Parties may decide.
If a Party has a reasonable suspicion of unlawful activity related to its laws
or regulations governing importations, it may request that another Party provide
specific confidential information that is normally collected in connection with the
importation of goods.
If a Party makes a request under paragraph 3, it shall:
be in writing;