Clifford Chance

TPP11: Modified Approach To Investment Agreements, Investment Authorisations And Claims Regarding Financial Services

23 February 2018

After a year of uncertainty following the withdrawal of the United States, the remaining eleven nations of the Trans-Pacific Partnership (TPP) have reached an agreement that will allow the ambitious trade bloc to proceed. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP11) was concluded in Tokyo on 23 January 2018 and text of the agreement was released on 21 February 2018. The TPP11 is to be signed in Santiago, Chile on 8 March 2018. In this update, we consider how the TPP11 differs from the previously agreed text of the TPP in the area of investment protection.

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