6 November 2015
The final text of the Trans-Pacific Partnership Agreement (TPP) was released on Thursday 5 November 2015. In 30 chapters, the TPP covers a wide range of subjects, from traditional trade liberalisation through to services, investment, environmental protection and labour standards. The TPP still needs to complete the ratification stage before it enters into force, and it will take some time for the parties and their communities to digest the whole agreement. However, based on a preliminary review, the TPP appears to be a very sophisticated and ambitious instrument. In this note, we supplement our initial thoughts on the TPP set out in our Briefing in October (http://www.cliffordchance.com/briefings/2015/10/the_tpp_of_the_iceberg-tppsignalsnewapproac.html ), which we made in advance of the TPP text release.