Trans-Pacific Partnership Agreement (TPP)
TPP is a pathway to creating a free trade region in the Asia-Pacific region, New Zealand’s largest trading market.
Free trade agreements concluded but not in force
Once a free trade agreement has been concluded, it needs to be legally verified, signed and then ratified by the governments of the parties involved. Changes to legislation may also be needed. For these reasons it takes time from when the negotiations are concluded, to when the agreement comes into force.