Asian Trade Centre's Elms Says TPP Can and Will Survive

The transcript discusses the Trans-Pacific Partnership (TPP) negotiations, focusing on the impact of the US withdrawal and the benefits of the TPP 11 agreement. It highlights the importance of preserving the agreement's provisions to maintain trade benefits across various sectors. The discussion also touches on the potential for future expansion of the TPP, including the possibility of China and the US rejoining.

What was the main reason the US withdrawal from the TPP had a limited impact on the agreement?

• The US market was already open and committed little.

• The US had no interest in the TPP.

• The TPP was designed to exclude the US.

• The US had already signed a separate agreement.

What is required to change the 85% GDP requirement in the TPP 11?

• A complete renegotiation of the agreement.

• An exchange of letters to fix one sentence.

• Approval from all member countries.

• A new economic analysis.

Why is it important to keep the TPP 11 agreement as it was negotiated?

• To reduce the complexity of the agreement.

• To focus on tariff cuts only.

• To ensure the benefits are maintained across all chapters.

• To allow for more countries to join easily.

What is a key feature of the TPP 11 that benefits companies?

• Tariff cuts only.

• Movement of goods and services across borders.

• Exclusive access to the US market.

• Limited intellectual property rights.

What is the potential future of the TPP 11 regarding new members?

• It will focus solely on Asian countries.

• It will dissolve due to lack of interest.

• It will expand to include countries like China and possibly the US.

• It will remain exclusive to the current 11 countries.