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Trans-Pacific Partnership Breakdown - What it means for Australian Trade

The hope for the Trans-Pacific Partnership is that it will be the world's largest free trade agreement, covering 40% of global GDP. The agreement would cover goods, services and non-tariff barriers to trade. Negotiations in Hawaii which were expected to finalise the deal broke down over the weekend. However, there are both advantages and disadvantages for Australian traders if the deal does not go ahead. Hunt & Hunt has prepared the an infographic explaining the TPP, its importance to Australian trade and the implications of the recent failure to conclude the deal. 


Written by

Russell Wiese,

Lynne Grant,
Special Counsel

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Disclaimer: The information contained in this e-alert/update is not advice and should not be relied upon as legal advice. Hunt & Hunt recommends that if you have a matter that is legal, or has legal implications, you consult with your legal adviser.


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