REFLECTIONS

With TPP, the Devil Is in the Details

Oct 6, 2015 | 00:42 GMT

(Stratfor)

This morning, with little fanfare, the United States and 11 other nations announced they had reached a final agreement on the much discussed and meticulously negotiated trade agreement known as the Trans-Pacific Partnership (TPP). The TPP is remarkable in its scale and scope, but equally remarkable has been the ordinary issues that prolonged its adoption – dairy products in New Zealand, auto parts in Mexico, questions of patent regimes and new medicines. The devil is in the details, of course, and finding common ground between two nations, let alone a dozen, is rarely easy. And as difficult as the negotiations were, equally contentious political debates will soon begin in each member of the new trade agreement....

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