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June 6, 2013

United States

Trans-Pacific Trade Partnership Will Benefit Imports

of Farmed Shrimp from Vietnam and Malaysia

 

The Trans-Pacific Partnership (TPP) is a proposed multinational free-trade agreement intended to further liberalize the economies of the Asia-Pacific region.  If approved, its most-likely impact on the USA seafood market would be an influx of farmed shrimp from Vietnam and Malaysia.  Many of the agreement’s details have been kept secret.

 

TPP has been under negotiation since 2010.  Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam—and  the United States—are the current negotiating partners.

 

The countries that do not already have a free trade agreements with the USA are Brunei, Japan, Malaysia, New Zealand and Vietnam.  Vietnamese and Malaysian farmed shrimp are the most likely products to benefit from greater USA market access.

 

Background Information on the Trans-Pacific Partnership

http://www.ustr.gov/tpp

http://en.wikipedia.org/wiki/Trans-Pacific_Strategic_Economic_Partnership

 

Source: SeafoodSource.com.  Editor, Sean Murphy (smurphy@divcom.com).  Shrimpers Wary of Still-Secret TPP ContentsChris Loew (email je5c-loew@asahi-net.or.jp, webpage http://www.asahi-net.or.jp/~je5c-loew/index_files/transcription.htm).  June 4, 2013.

 

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