The TPP is an economic arm of United States’ Rebalance to Asia Policy. Since India has been an important part of the Asia policy, and is not a signatory to the TPP, there are widespread speculations as to how the TPP will impact India. While several opine that the overall impact is uncertain at this
The main driving force of TPP is United States and as expected, US has successfully tried to keep China at bay from TPP. The group’s economic significance has increased with the addition of Canada and Mexico and has become even more when Japan and Vietnam have joined it. The Chinese view regarding TPP was that
In 2005, three countries viz. Chile, New Zealand and Singapore came together and created a free trade agreement called Trans-Pacific Strategic Economic Partnership or TPSEP. Later Brunei joined them and it was now also known as P4. From 2010 onwards, there have been discussions to make it more wider, more disciplined free trade agreement to
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