overview of trans- pacific partnership

Names ID Names IDPantho Sarker 20-033 Tasneem Hoque Muna 20-177

Md. Gulam Kibria 20-075 Sheikh Sajid Hasan 20-181

Md. Touhidul Islam 20-077 Farzana Islam 20-189

Khaleda Easmin 20-087 Mahmud Al Muktadir 20-214

Marzia Jahan 20-157 Mohammad Tamjid Faruque 20-218

WE ARE …GROUP : 2

Overview of Trans-Pacific Partnership

Now presenting....

MD. TOUHIDUL ISLAMID: 20-077

TPP Trans-Pacific Partnership

Agreement signature 4th February, 2016

Drafted on 5th October, 2015

Signature-Location Auckland, New Zealand

Now presenting....

MAHMUD AL MUKTADIRID: 20-214

Trans-Pacific Strategic Economic

Partnership Agreement (2005)

• Brunei• Chile• New Zealand• Singapore

Participation of Additional countries

(2008)• Australia • Canada • Japan • Malaysia • Mexico • Peru• United States• Vietnam

Trans-PacificPartnership

History of TPP

Main features of the Trans-pacific partnership

• Comprehensive market access• Regional approach to commitments

• Addressing new trade challenges.• Inclusive trade

• Platform for regional integration• Development of production and

supply chains

Now presenting....

SHEIKH SAJID HASANID: 20-181

Drafted onOctober 5th, 2015

Consists of 30 chapters

Latest inducteeU.S

Still not in effect

Trans-Pacific Partnership Agreement

Trans-Pacific Partnership Agreement

Scope of TPP

Resolves trade issues

Diversified group of countries

Revolutionizes Traditional

FTA,s

Scope of TPP

Now presenting....

PANTHO SARKERID: 20-033

Potential Chapters

Market Access

Labor environme

nt

Regulatory barriers

Investment

Intellectualproperty

Customs and trade

Potential Chapters

Market Access• Agricultural

products• Automobiles• Textile and

apparel

Customs and trade facilitation• Express shipment• Risk management

and Transparency

Labor• Acceptable work

conditions• Discourages

forced labor products

Chapter's Brief

Now presenting....

TASNEEM HOQUE MUNA ID: 20-171

Investment• Minimum standard of

treatment• Short-term capital

control• Private foreign

investment

Environment• Multi-lateral

agreements• Prohibits harmful

practices

Regulatory barriers• Technical barriers to

trade.• Anti-corruption• Phytosanitary

measures

Chapter's Brief

Key BenefitsTrans-Pacific Partnership

Labor Benefit Capital Benefit

Increase in Income

Job Creation

Increase in Exports

Tariff Incentives

Intellectual Property

Rights

Now presenting....

FARZANA ISLAMID: 20-189

Other Benefits

Types of Benefit Explanation

E-Commerce Encourages free flow of data between the TPP countries

Telecoms Uniform rates for mobile roaming between TPP members 

Establish New Market

Establish trade between the countries by eliminating tariff

Investment opportunity Gives easier access into markets

Import Tax Reduces import taxes on the product of member countries

GDPGDP of TPP countries increased on average by 1.1 per cent, though for NAFTA countries it would only be 0.6 per cent.

Impact

Impact Increase/Decrease

Employment

Economic Growth

Productivity

Standard of Life

Poverty

Now presenting....

MARZIA JAHANID: 20-157

Threats of TPP

Weaken labor rights

Excessive power to corporations

Facilitating Foreign investors

Job loss for Us undermines public healthWeak rule of

originRestriction on food labelling

Threats of TPP

1. Job loss:

Due to growing trade deficits with China

2. Equal rules on unequal partners:

Uniform tax and financial policies regardless of countries different stages of economic

development

3. Undermining public health:

Threatening access to affordable medicines by including new monopoly right for

pharmaceutical companies

4. Financial deregulation:

Increases the profits of the financial sector but threatens the financial stability

Now presenting....

MOHAMMAD TAMJID FARUQUEID:20-218

Cont….

5. Limiting regulation of foreign investors :

No special regulations to foreign investors

6. Deprive companies from acquiring needed technology

Raising the costs of And creating new barriers to access needed manufacturing technologies

7. Weak rules of origin:

Allowing China and other NON_TPP countries to get benefit

8.Too Much Power to corporations

Allowing multinational companies to challenge laws, regulations and policies in Australia,

Canada, Egypt, Peru and Uruguay

Difference between TPP and other trade agreements (NAFTA)

TPP NAFTA

TPP free up trade of some certain goods and products like diary, medicine etc.

But NAFTA has no such provision. Rather it eliminates tariffs.

Products imported are treated as their country of origin.

Under NAFTA no country can treat imported goods as their country of origin.

TPP imposes shorter patent for certain complex drugs.

NAFTA has no such provision regarding patent.

Now presenting....

MD. GULAM KIBRIAID: 20-075

Comparative advantage of trading intellectual properties

Strongest worker and environmental protections

Benefits small businesses from global trade.

Promotes e-commerce

Protects digital freedom

Preserves open Internet

Benefits of TPP

IssuesPatent rights may be interfered

Leaked documents may hamper self-interest

It is currently being negotiated behind door.

Negative impacts of TPP

Now presenting....

KHALEDA EASMIN20-087

Recommendations

TPP

(Politics Free)More economical than political

(Public participation) To ensure validity and transparency.

(Transparency)Negotiations should

be transparent.(Concluded)nothing is agreed until everything is

agreed by everyone

TPP

(Public accountability and standard

ethics)

(Stop facilitating monopoly market)

IN DCs like Uk(Lower medicine cost)

In Australia

Recommendations