- September 13, 2016
- Posted by: ABO Capital
- Category: Publications by Zandre Campos
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The 12 Trans-Pacific Partnership (TPP) signatory nations have a collective population of about 800 million and already account for 40% of world trade. The TPP together with the Transatlantic Trade and Investment Partnership (TTIP), the proposed trade agreement between the EU and the US still under negotiation, will cover most of the world’s economy, about three quarters of trade on a global basis. This scenario may not involve Africa, but it still comes with abundant significance. The importance of the TPP right now for Africa is the indication of the need for a general climate for free trade, which eventually Africa can play along with.