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    People hold signs against the Trans Pacific Partnership (TPP) on Day 3 of the Democratic National Convention at the Wells Fargo Center, July 27, 2016 in Philadelphia, Pennsylvania

    'TPP Loses Its Meaning Without US Participation' Russian Trade Envoy

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    The Trans-Pacific Partnership (TPP) trade deal would become meaningless if the United States were to not participate in it, Russia's trade representative to the United States Alexander Stadnik told Sputnik.

    WASHINGTON (Sputnik) – The future of the TPP was put into question after Donald Trump won the US presidential election on November 8. Last week, Trump said that the United States would quit the TPP agreement on the first day of his tenure as president in January.

    “The Trans-Pacific Partnership loses its meaning without US participation in it. I think that the agreement may not pass the ratification stage and there will be some transformation process linked to the Pacific Rim region,” Stadnik said.

    He added that TPP could be transformed into a new alliance involving Russia and China.

    "I think there is a chance that the agreement will not be ratified and there will be a transformation process related to the Asia-Pacific region. Maybe, it will facilitate implementation of APEC goal to create free trade area by 2020 or a comprehensive regional economic partnership involving Russia and China will be established," Stadnik pointed out.

    Related:

    Japan to Continue Advocating for TPP After Trump's Inauguration - Prime Minister
    With TPP Dying, Spotlight Turns on China's RCEP Project for Asia-Pacific
    China Could Step in After US Pulls Out of TPP Trade Deal
    Japan's Liberal Democratic Party Leaders Reaffirm Commitment to TPP
    Tags:
    Trans-Pacific Partnership (TPP), Alexander Stadnik, Russia, Asia-Pacific, United States
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    • cast235
      A brand new IDIOT SAVANT..
      All that was to RESTORE U.SD GLORY DAYS. And DICTATE rules and regulations to the world.

      Russia and China were to be left OFF the socio economic block, to do what worked in the 90's when STUPID SAVANT Gorbachev imploded Russia and the Soviet Union. Then Yeltsin was sneaked in with U.S support.
      And here goes a BRAND NEW IDIOT.
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