TPP and arms ban

China Daily (Canada) - - DEPTH -

“It is clear that Obama is try­ing to form and con­sol­i­date new Amer­i­can lead­er­ship through TPP and rec­on­cil­ing Amer­i­can re­la­tions,” Li said.

The TPP, signed on Feb 4 in New Zealand by the US and 11 other Asia-Pa­cific rim na­tions, in­clud­ing Viet­nam and Ja­pan, has been hailed by the Obama ad­min­is­tra­tion as a high-stan­dard free-trade agree­ment, but it is still fac­ing an up­hill rat­i­fi­ca­tion bat­tle by the leg­is­la­tures of mem­ber na­tions. In the US, three 2016 pres­i­den­tial can­di­dates, Hil­lary Clin­ton, Don­ald Trump and Bernie San­ders, op­pose TPP, although Clin­ton had sup­ported it as sec­re­tary of state three years ago, call­ing it the “gold stan­dard”.

China is not a party to the TPP, but it is the largest trad­ing part­ner of most of the 12 mem­bers. China is ac­tively pro­mot­ing the Re­gional Com­pre­hen­sive Eco­nomic Part­ner­ship (RCEP), a free-trade agree­ment be­tween 10 ASEAN na­tions and six other coun­tries, cov­er­ing a to­tal of 3 bil­lion peo­ple. Ne­go­tia­tors will meet in New Zealand next month for the 13th

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