The Trans-Pacific Partnership Agreement is being negotiated between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the United States and Vietnam.
The Trans-Pacific Partnership Agreement will facilitate increased trade and investment, help secure the ongoing competitiveness of Australian businesses in international markets, and support economic growth and jobs in Australia.
Brazil secured new market openings for agricultural products in New Zealand and Turkey, expanding its international insertion. The agreements reflect the growing role of sanitary negotiation in the expansion of trade between Latin America and other regions, including the Asia-Pacific.
China adjusted its sanitary criteria for Brazilian soybeans, reducing trade tensions at a key export moment. At the same time, phytosanitary observations on shipments from Uruguay increased, highlighting the growing weight of technical standards in agri-food trade between Latin America and the Asia-Pacific.
New Zealand’s Minister of Foreign Affairs carried out a tour of the Southern Cone that included Argentina, Brazil, Chile, and Uruguay. The agenda combined trade, market access, and strategic cooperation, consolidating the rapprochement between Latin America and the Asia-Pacific.
