• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Applications
    • Technology
    • Market
    • Other
    • Top 40
    • Buyers Guide
    • Hygiene Directory
    • More
  • Magazine
  • News
  • Exclusives
  • Applications
  • Technology
  • Market
  • Other
  • Top 40
  • Buyers Guide
  • Hygiene Directory
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    Southeast Asia Edition
    eNewsletter Archive
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Fluff Pulp Market Faces Year of Transition

    Roofing & Construction Report

    Investment Continues for Needlepunch Nonwovens

    Sustainability Report

    Spunmelt Nonwovens Update
    Company Cameo
    Financial News
    Machinery Equipment
    New Products
    Nonwovens News
    Patent Review
    People in the News
    Supplier News
    Top News
    Live From Shows
    Top News
    Freudenberg to Present Battery Pack and Liquid Absorbers at Battery Show

    The Honest Company to Sell Diapers, Wipes at Walmart

    Thinx Launches Moist Panties Campaign

    Weekly Recap: Ontex Confirms Possibility of Attindas Deal, Purell Launches New Wipes & More

    EDANA Celebrates 50th Anniversary
    Nonwovens Insights
    Online Exclusives
    Adult Incontinence
    Absorbent Core
    Antimicrobials
    Apparel
    Automotive and Transportation
    Face Masks
    Chemicals / Adhesives
    Construction
    Contract Services
    Diaper, Baby
    Electronics
    Feminine Hygiene
    Fibers
    Filtration
    Flame Retardance
    Geotextile / Agrotextile
    Home Products
    Hygiene Film/Components
    Industrial / Institutional
    Inspection / Quality Control
    Machinery and Equipment
    Medical
    Wipes

    The Honest Company to Sell Diapers, Wipes at Walmart

    Thinx Launches Moist Panties Campaign

    Vegeto Turns Milkweed Fibers into Nonwovens

    INDA Names Three Finalists for WOW Innovation Award

    Proof Launches Reusable Period Products in Walmart Stores
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunbond/Spunmelt
    Spunlace
    Thermal Bonded
    Wetlaid

    Executive Talks: 5K Fibres' President Doug Brown

    Borealis, Grabher Partner to Recycle Face Masks

    Glatfelter, Blue Ocean Closures Receives Sustainability Award at IDEA22

    Investment Continues for Needlepunch Nonwovens

    Murtra Nonwovens
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Sub-Saharan Africa’s Specialist Nonwovens and Fibers Capability is Growing Steadily

    Southeast Asian 5 Nonwoven Capacity and Demand Development

    Chinese Baby Diaper Brands

    Retail Disposable Hygiene in Southeast Asia and China: Growth Outlook, Challenges, Opportunities

    Albarrie Installs Stenter
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Flushability
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Vegeto Turns Milkweed Fibers into Nonwovens

    Rif care Launches Hemp-Based Period Products

    Boots to Prohibit Sale of Plastic-Based Wipes

    Dyper Partners with rePurpose Global to Remove Nearly 100,000 KG of Plastic Waste from Environment

    Borealis, Grabher Partner to Recycle Face Masks
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    Robinson, Inc.

    Investkonsult Sweden AB

    Alliance Machine and Engraving

    Shemesh Automation

    ELSNER
    Brands
    Brand Owners
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • Southeast Asia Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • All Companies
      • Categories
      • Company Profiles
      • Add Your Company
    • Applications
      • Absorbent Core
      • Adult Incontinence
      • Antimicrobials
      • Apparel
      • Automotive and Transportation
      • Chemicals / Adhesives
      • Construction
      • Contract Services
      • Diaper, Baby
      • Electronics
      • Feminine Hygiene
      • Fibers
      • Filtration
      • Flame Retardance
      • Geotextile / Agrotextile
      • Home Products
      • Hygiene Film/Components
      • Industrial / Institutional
      • Inspection / Quality Control
      • Machinery and Equipment
      • Medical
      • Wipes
      • Face Masks
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
      • Spunbond/Spunmelt
    • Market
      • China
      • Eastern Europe/Russia
      • India
      • Middle East/North Africa
      • North America
      • Pacific Rim
      • South/Central America
      • Turkey
      • Western Europe
    • Other
      • Associations
      • Contracts / Awards
      • Education
      • Facilities / Capacity
      • Green / Sustainability
      • Legal / Regulatory
      • Market Data
      • Mergers and Acquisitions
      • Product Improvement / Innovation
      • R&D/Basic Research
      • Shows / Events
      • Flushability
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Slideshows
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • Jobs
    • Resources
      • Suppliers Gallery
      • Literature Showcase
      • Web Showcase
      • Home Page Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Features

    TPP 2.0 Negotiations Wind Down: Japan Wants Spring Closure, Canada Has Concerns, Britain Considers

    U.S. manufacturers should pay attention to deal’s potential on economic issues.

    TPP 2.0 Negotiations Wind Down:  Japan Wants Spring Closure, Canada Has Concerns, Britain Considers
    Related CONTENT
    • Russia Allows Parallel Imports, Posing Threat to Business of Major Diaper Producers
    • Right at Your Fingertips
    • TZMO
    • U.S. Joins EU, Japan, and Others in WTO Dispute Against China
    • Nonwovens In Automotives
    Peter G. Mayberry, Contributing Editor03.02.18
    As widely noted, The Trans-Pacific Partnership (TPP) negotiations – now currently known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) or TPP 2.0 – is an international free trade agreement that’s currently being negotiated with the Pacific Rim nations of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. 

    While these negotiations are not uniquely impactful to the nonwovens industry per se, they are important to global economic issues overall and, as such, should be carefully studied – especially by U.S. manufacturers.  

    TPP negotiations began as an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP) that was signed by Brunei, Chile, New Zealand and Singapore in 2005. Beginning in 2008, Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam joined the talks, which brought the total number of countries participating in the negotiations to 12 as of early 2017. 

    But the TPP was widely derided during the U.S. Presidential elections in 2016 with all three major candidates – Donald Trump, Hillary Clinton and Bernie Sanders disparaging the deal. Support for ratification of a finished treaty in the U.S. Congress, a requirement, was also believed to be shaky at best. 

    In the end, President Trump unilaterally removed the U.S. from TPP negotiations through a Presidential Memorandum signed January 23, 2017, just two days after his inauguration.

    All 11 other TPP countries agreed to revive the deal in May 2017, however, without U.S. participation, and “partial agreement” on a final Agreement framework was reportedly reached by these nations on November 11, 2017, at a meeting in Vietnam. 

    Now word comes that the U.K. is interested in signing on to the accord as a post-Brexit move, and British officials are eyeing the possibilities. Considering that the U.K. is not a Pacific Rim nation, however, and doesn’t offer a particularly large market for other TPP participants, its chances of being invited to join the pact are considered doubtful.

    At Issue
    As reported, the original TPP contained measures to lower or eliminate tariff and non-tariff barriers to trade among participating countries while also establishing an investor-state dispute settlement (ISDS) mechanism. And while the U.S. International Trade Commission (ITC), the World Bank, and others determined that TPP would lead to net positive economic outcomes for all signatories, if ratified, it is unclear whether TPP 2.0 would be particularly beneficial without U.S. participation. 

    Instead, the Office of the U.S. Trade Representative (USTR) most recently issued notice that Cecilia Malmström, European Commissioner for Trade; Hiroshige Seko, Minister of Economy, Trade, and Industry for Japan; and USTR Ambassador Robert E. Lighthizer reached a separate agreement during a meeting in Buenos Aires, Argentina, on December 12, 2017 (see “Capitol Comments,” January 2018). The trilateral agreement is intended “to strengthen our commitment to ensure a global level playing field.”

    More specifically, the trilateral agreement appears to point toward China by noting a shared view between the U.S., the European eunion and Japan that “…severe excess capacity in key sectors exacerbated by government-financed and supported capacity expansion, unfair competitive conditions caused by large market-distorting subsidies and state owned enterprises, forced technology transfer, and local content requirements and preferences are concerns for the proper functioning of international trade, the creation of innovative technologies and the sustainable growth of the global economy.”    

    To address these concerns, the three parties “…agreed to enhance trilateral cooperation in the WTO and in other forums, as appropriate, to eliminate these and other unfair market distorting and protectionist practices by third countries.”

    One interesting thing about this joint statement is that it shows at least partial U.S. reliance on the World Trade Organization (WTO) mere months after the Trump administration labeled the body “out of focus” and just weeks before Canada launched a wide-ranging trade dispute in the WTO against the United States, challenging U.S. use of anti-dumping and anti-subsidy duties. 

    Indeed, the South China Morning Post reports that the Canadian WTO complaint appears to be “…mounting a case on behalf of the rest of the world, since it cited almost 200 examples of alleged U.S. wrongdoing, almost all of them concerning other trading partners, such as China, India, Brazil and the European Union.”

    According to SCMP, the 32-page complaint focuses on “technical details” of U.S. trade rules, ranging from “U.S. treatment of export controls to the use of retroactive duties and split decisions by the six-member U.S. International Trade Commission.”

    Against this backdrop, Japan Today reports that countries negotiating TPP 2.0 are making progress but, “This is a difficult process, not least because, for many participants, the primary attraction was guaranteed preferential access to the massive U.S. market, a benefit that prompted agreement with many controversial provisions in the original. Indeed, estimates suggest that the regional economic gains will be far smaller for participants in a diminished TPP.” 

    The publication further notes that “even bigger questions loom” for TPP 2.0 finalization including possible softening of intellectual property rights; efforts to add a new chapter on e-commerce and data privacy; and whether the original schedule of tariff cuts should be renegotiated.

    Privately, according to the publication, “many member-nations hold out hope that the U.S. eventually will have a change of heart and join the agreement, meaning that it will not be revised radically from its existing provisions. Nonetheless, even a modified agreement bears promise for improving trade relations and boosting growth in the region, especially if additional countries, such as South Korea, choose to join in the near future.”

    The article concludes, “Absent the U.S., China becomes the essential market and source of dynamism in the region. Countries naturally are turning their eyes toward Beijing for leadership. The future of Asia-Pacific integration hangs delicately in the balance.”  The New York Times, in fact, reports that China is in discussion with 16 Asia-Pacific countries – including Japan, India, and South Korea – for a sweeping free trade pact across the region.   

    Adding to the confusion, Canada has raised concerns over certain TPP 2.0 provisions. As reported by CNBC, Canadian Prime Minister Justin Trudeau has declared that “more work is needed on the pact…amid concerns about what it would mean for Canadian jobs.” Similarly, there is growing pushback in Japan over a raft of agricultural issues included in TPP 2.0.

    Nevertheless, Japanese Prime Minister Shinzo Abe – who has been leading TPP 2.0 negotiations since the U.S. pulled out – predicts a final deal could be signed by remaining nations as early as February or March 2018.

    In terms of timeframe, negotiators from the 11 nations were slated to meet in Japan in late January 2018, to work out “unresolved details” of the pact. If these “details” can successfully be resolved at the January meeting, the next step would be translating the Agreement into members’ various languages followed by legal review. 

    After that, the final pact would have to be ratified by each participating country. This could become difficult and time consuming – especially if legislatures in one or more of these countries push back against the negotiated deal.  Such pushback is entirely possible considering TPP and TPP 2.0 negotiations were held in absolute secrecy and lawmakers typically won’t see the Agreement’s complete and final language until shortly before they’re asked to vote on it. 

    As it stands, TPP 2.0 will go into effect if at least six countries ratify the final accord, so it would be possible to ignore Canadian concerns. But if other countries heed warnings from the U.S. and Canada, finalization and implementation of the Agreement may indeed be difficult.  As the Nikkei Asian Review notes, “Canada, with its vague insistence on language allowing it to better protect Canadian culture remains a major question mark” regarding success or failure of TPP 2.0.

    “While these negotiations are not uniquely impactful to the nonwovens industry per se, they are important to global economic issues overall”


    Editors’ Note
    After this article went to press, the 11 Pacific Rim countries involved in TPP 2.0 negotiations finalized a deal on January 24, 2018, that is being characterized as far less ambitious than what was on the table when the U.S. backed away from negotiations. According to Forbes, “The CPTPP, signed exactly a year and a day after Trump tanked the original TPP, will strip out most of the provisions that made the TPP something more than an old-fashioned trade agreement.” Forbes further notes that the 11 TPP partners “...were only able to come to a symbolic agreement on the CPTPP by eliminating a raft of TPP provisions (20 in all), including those on:  investor-state dispute settlement (ISDS); digital intellectual property protection; copyright extensions and harmonization; patent extensions and harmonization; liberalization of the pharmaceutical sector; liberalization of postal services; opening of telecom markets; and government procurement.” What’s left, according to the magazine, is an agreement that still must be ratified by each of the negotiating countries, and is pretty much limited to abolishing “all tariffs on seafood, wine, sheep meat, cotton wool, and manufactured goods” among these 11 countries.
    Related Searches
    • meeting
    • government
    • industry
    • shows
    Related Knowledge Center
    • Legal/Regulatory
    • Pacific Rim
    Suggested For You
    Russia Allows Parallel Imports, Posing Threat to Business of Major Diaper Producers Russia Allows Parallel Imports, Posing Threat to Business of Major Diaper Producers
    Right at Your Fingertips Right at Your Fingertips
    TZMO TZMO
    U.S. Joins EU, Japan, and Others in WTO Dispute Against China U.S. Joins EU, Japan, and Others in WTO Dispute Against China
    Nonwovens In Automotives Nonwovens In Automotives
    EPA Issues Restrictions on Certain Chemicals with Nonwovens Applications EPA Issues Restrictions on Certain Chemicals with Nonwovens Applications
    NAFTA Renegotiation Talks Reach Round Four: Major Potential Ramifications for North American Nonwove NAFTA Renegotiation Talks Reach Round Four: Major Potential Ramifications for North American Nonwove
    Commerce Secretary Outlines Trump Administration Policies of Interest to the Nonwovens Industry Commerce Secretary Outlines Trump Administration Policies of Interest to the Nonwovens Industry
    INDA Launches Rebranding Campaign INDA Launches Rebranding Campaign
    Outlook is the Most Successful Ever Outlook is the Most Successful Ever
    Top Companies in the Nonwovens Industry: Lydall Top Companies in the Nonwovens Industry: Lydall
    Top Companies in The Nonwovens Industry: Mogul Top Companies in The Nonwovens Industry: Mogul
    Top Companies in The Nonwovens Industry: Suominen Top Companies in The Nonwovens Industry: Suominen

    Related Content

    • Eastern Europe/Russia

      Russia Allows Parallel Imports, Posing Threat to Business of Major Diaper Producers

      Global producers could face serious difficulties doing business in the market.
      Eugene Gerden 03.02.18

    • Right at Your Fingertips

      ...
      Karen McIntyre, Editor 03.02.18

    • TZMO

      TZMO

      ...
      01.08.18


    • U.S. Joins EU, Japan, and Others in WTO Dispute Against China

      Potential trade war could have far reach implications on nonwoven products.
      Peter Mayberry 01.05.18

    • Nonwovens In Automotives

      Nonwovens In Automotives

      Role of nonwovens continues to evolve as manufacturers look for lighter weights, increased flexibility and more.
      Karen McIntyre, Editor 12.07.17

      Breaking News
      • 'Right' Hygiene Conference to be Held in June
      • Freudenberg to Present Battery Pack and Liquid Absorbers at Battery Show
      • H&V Appoints Vice President and General Counsel
      • The Honest Company to Sell Diapers, Wipes at Walmart
      • Jim Cree Joins Monadnock Nonwovens
      View Breaking News >
      CURRENT ISSUE

      May 2022

      • Fluff Pulp Market Faces Year of Transition



      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Bilberon Bilberry Extract Receives U.S. Patent For Eye Strain, Neck/Shoulder Pain
      Jordan Process Receives Nutrasource ICAP Certification for CBD
      FDA Warns About Steroids or Steroid-Like Substances in Bodybuilding Supplements
      Coatings World

      Latest Breaking News From Coatings World

      AGM Secures Exclusive Distribution Agreement with Indian Partner Imkemex
      Microban Announced as Lead Sponsor of BCF Annual Conference and Dinner 2022
      DIC’s Indian Subsidiary Begins Construction of Coating Resins Production Facility
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      Robocath Presents Results from R-Evolution Clinical Study
      Medtronic's Resolute Onyx Drug-Eluting Stent Shows Success for Left Main PCI
      Medtronic Shares 3-Year Renal Denervation Blood Pressure Trial Data
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Emergent CDMO Case Studies: Project Design & Implementation of Fill/Finish Technologies
      Aptar Pharma Launches HeroTracker Sense
      MasterControl Features Quality Management and Manufacturing Execution Systems
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Mielle Organics Welcomes Steve Pamon to Advisory Board
      Makeup Revolution Expands into Walgreens
      Nu Skin Joins EcoBeautyScore Consortium
      Happi

      Latest Breaking News From Happi

      Revolution Beauty Expands Makeup Revolution Into Walgreens
      Barentz Develops Electronic Personal Care Product Guide
      P&G Temporarily Closes Downtown Cincinnati Office Due to Potential Security Concerns
      Ink World

      Latest Breaking News From Ink World

      Nazdar Ink Technologies to Showcase Latest Ink Innovations at FESPA Global Print Expo 2022
      Epson Introduces First Direct-to-Fabric Printer for North America
      ProAmpac Facilities Secure Safety Awards 2022
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      In-Mold Decorating Association announces 2022 IMDA Awards Competition
      Essentra Packaging invests in Landa Nanographic press
      Nazdar to manufacture VFP electronic ink for US Market
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      'Right' Hygiene Conference to be Held in June
      Freudenberg to Present Battery Pack and Liquid Absorbers at Battery Show
      H&V Appoints Vice President and General Counsel
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Envista To Acquire Osteogenics
      Exactech Earns Breakthrough Status for JointMedica's Polymotion Hip Resurfacing
      Orthotic Brace Suppliers Convicted in $6.5M Fraud Scheme
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Emerson Earns Third Consecutive 2022 ENERGY STAR Partner of the Year Award
      First Solar to Sell Japan Project Development, O&M Platforms to PAG Real Assets
      Jabil Strengthens Additive Manufacturing Offerings

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login