Trans-Pacific partnership: new positions in the international economic agreements

Abstract

The article considers the main provisions of the Trans-Pacific Partnership Agreement (TPP). The Agreement acknowledges the essential WTO rules but is supposed to regulate international economic relations as well as global economic activities. The TPP stipulates the international investment rules for its members. The Agreement requires each party to permit a financial institution of another party to provide new financial services that the Party would permit its own local financial institutions. In general, the Agreement provisions are designed to protect the member countries’ interests at multilateral trade negotiations.