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Key facts about the TPP trade deal

A Malaysian activist holds a placard denouncing the US-led Trans-Pacific Partnership Agreement (TPPA) during a protest in Kuala Lumpur on January 23, 2016The 12-country Trans-Pacific Partnership (TPP), signed on Thursday in New Zealand, aims to eliminate trade barriers such as tariffs in a bloc that accounts for 40 percent of the global economy. — The founding members of the Pacific Rim group are – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. The TPP is the main economic component of US President Barack Obama’s strategic shift toward the Asia-Pacific.

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