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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TEXTILE AND APPAREL GOODS
Article 4.1: Definitions
For the purposes of this Chapter:
customs offence means any act committed for the purpose of, or having the effect
of, avoiding a Party’s laws or regulations pertaining to the terms of this
Agreement governing importations or exportations of textile or apparel goods
between the Parties, specifically those that violate a customs law or regulation for
restrictions or prohibitions on imports or exports, duty evasion, falsification of
documents relating to the importation or exportation of goods, fraud or
transition period means the period beginning on the date of entry into force of
this Agreement between the Parties concerned until five years after the date on
which the importing Party eliminates duties on a good for the exporting Party
pursuant to this Agreement.
Article 4.2: Rules of Origin and Related Matters
Application of Chapter 3
Except as provided in this Chapter, Chapter 3 (Rules of Origin and Origin
Procedures) shall apply to textile and apparel goods.
A textile or apparel good classified outside of Chapters 61 through 63 of
the Harmonized System that contains non-originating materials that do not satisfy
the applicable change in tariff classification requirement specified in Annex 4-A
(Textiles and Apparel Product-Specific Rules of Origin), shall nonetheless be
considered to be an originating good if the total weight of all those materials is not
more than 10 per cent of the total weight of the good and the good meets all the
other applicable requirements of this Chapter and Chapter 3 (Rules of Origin and
A textile or apparel good classified in Chapters 61 through 63 of the
Harmonized System that contains non-originating fibres or yarns in the
component of the good that determines the tariff classification of the good that do
not satisfy the applicable change in tariff classification set out in Annex 4-A