TOKYO (Sputnik) — The signing of the deal will be attended by ministers and other senior officials of the TTP member states, with the place to host the ceremony yet to be announced, Kyodo news agency reported.
The Trans-Pacific Partnership is a 12-nation trade deal, the wording of which was agreed between Washington and Japan, Australia, New Zealand and other Pacific Rim nations in October. The deal intends to deregulate trade among its signatories that together make up 40 percent of the world economy.
The details of the controversial free trade agreement, negotiated in unusual secrecy, have been revealed to the public after almost seven years of discussions. Opponents say the pact would undermine standards and regulations on environmental protection, health and safety, as well as workers’ rights.
