Trans-Pacific free trade deal agreed creating vast partnershipGroup3

Leader : Jacky

Members : Sean,Karen,Brian,Henry,Diana,Nora

Teacher : Wang,Tz-Li

Context

1.What is the TPP？2.China Left out3.Biotech Dispute4.Tense Issues5.Question6.Reference

How did it start ? About ten years ago.

How big is it ?12 countries included.TPP Allies will form the world's largest trade

union, which account for 40% of global GDP.

Who benefits most ? For the same time participate in TPP and ASEAN

trade integration of emerging Asian countries to help the most, such as Vietnam and Malaysia.

What are the criticisms ? The negotiations have been conducted in secret. Pave the way for companies to sue governments

that change policy on, say, health and education to favour state-provided services.

China Left outChina economic experts do not agree

with this argument .

Obama said :

"When more than 95 percent of our potential

customers live abroad , we can not

allow countries like China to develop

global economic rules .

Biotech Dispute

TPP trade deal： Even more bad news for biotech industry.

Aims to remove barriers and set standards for the price of rising to the specialized drug treatment.

The 12 countries can decide between two biotech exclusivity options.

As a result of the New TPP trade deal , more patients could afford new biologic drugs for anything .

The market reaction within biotech to the final TPP deal hasn’t been rosy , though the trade agreement still has to make its way through Congress.

Tense Issues

If countries join the TPP, it may affect local industries such as: Automotive industry and agriculture. Tariffs will be reduced, or even tax-free. It will result in the local industry and face unmarketable or cause local country GDP decline.

Taiwan hope to fight for joining the " Trans-Pacific Partnership“. But because of geopolitical relationship with China , what Taiwanese want to join depends on the China.

Question

Do you think whether your country should join TPP or not？

If your country join the TPP , what influence will happen？

Reference

https://www.youtube.com/watch?v=BYm6nGCF46I (What is TPP)

http://www.chinatimes.com/realtimenews/20151006002235-260410 (TPP: What is it and whydoes it matter)

http://www.bbc.co.uk/news/business-32498715 (TPP: What is it and why

does it matter)

http://fortune.com/2015/10/05/biotech-tpp-trade-deal-drug-prices/ (Biotech

Dispute)

http://news.ifeng.com/a/20151007/44788572_0.shtml (China left out)

Thanks for your attention