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Re: vlay post# 53058

Monday, 12/28/2015 1:10:54 PM

Monday, December 28, 2015 1:10:54 PM

Post# of 109742
$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.


Source(Originally posted by vlay, added here for clarity): http://www.ibtimes.com/trans-pacific-partnership-us-aerospace-companies-hope-increased-trade-while-labor-2129324


From WIKIPEDIA(Pacific Rim Countries; list):

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


Source: https://en.wikipedia.org/wiki/Pacific_Rim#List_of_countries_on_the_Pacific_Rim



And some additional info on the Trans Pacific Partnership Itself:

https://en.wikipedia.org/wiki/Trans-Pacific_Partnership

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