$TPAC Thanks for posting that link. There is a lot of info there.
Quotes(extracted and pasted; see source link below for full read):
U.S. aerospace companies are hoping that the Trans-Pacific Partnership deal brokered by the U.S. and 11 Pacific Rim countries Monday will help grow sales across the Asia Pacific region. The agreement of the pact, which is the largest regional trade deal signed in U.S. history, is expected to bring down barriers that have hampered trade across the Pacific while opening up new markets to U.S. companies, according to the White House.
The 12 participating countries in the agreement make up around 40 percent of the current global GDP -- or just under $30 trillion. The U.S. Chamber Of Commerce claims the partnership could boost U.S. exports by $124 billion and add $77 billion per year to U.S. real incomes by 2025. The International Monetary Fund predicts that the world economy will grow by more than $20 trillion, with nearly 50 percent of that growth in Asia.
For Boeing, opening up the Asia-Pacific region for trade aligns with a region that it claims will be one if its most lucrative in the coming two decades. The Chicago-based company forecasts that the 12 countries in the partnership will order 11,640 aircraft (valued at around $1.5 trillion) over the next 20 years, according to an email from Boeing.
List of countries on the Pacific Rim[edit] This is a list of countries that are generally considered to be a part of the Pacific Rim, since they lie along the Pacific Ocean.[2]
North/East Asia Russia Japan North Korea South Korea China Hong Kong (China) Macau (China) Taiwan Southeast Asia Philippines Vietnam Cambodia Thailand Malaysia Singapore Brunei Indonesia East Timor Oceania (sovereign) Australia Palau Micronesia Papua New Guinea Solomon Islands Nauru Marshall Islands Vanuatu New Zealand Tuvalu Fiji Kiribati Tonga Samoa Cook Islands Oceania (dependent) External territory of Australia Norfolk Island Realm of New Zealand Niue Tokelau French overseas collectivities New Caledonia Wallis and Futuna French Polynesia British overseas territory Pitcairn Islands United States insular areas Northern Mariana Islands Guam American Samoa North America Canada United States Mexico Central America Guatemala El Salvador Honduras Nicaragua Costa Rica Panama South America Colombia Ecuador Peru Chile
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.