TPP – Opposition Remains Strong. Senate Majority Leader Mitch McConnell (R-Kentucky) stated last week that the U.S. Senate will not vote on TPP’s implementing legislation during lame-duck session of Congress as many – including the Obama Administration – had hoped, saying: The current agreement, the Trans-Pacific agreement, which has some serious flaws, will not be … Continue Reading
Status: Clearance Acquirer: China National Chemical Corporation (China) Acquired: Syngenta AG (Switzerland) Deal Value: US$43 billion Industries: Chemicals Summary: China National Chemical Corporation (“ChemChina”), a Chinese state-owned chemical company, and Syngenta AG, a global Swiss agribusiness that produces agrochemicals and seeds, announced on Monday, August 22, 2016, that the companies have received clearance … Continue Reading
Touted as the largest trade agreement in history, the TPP involves 12 Pacific Rim countries which collectively represent 40% of global GDP. That equates to US$28 trillion dollars and 800 million people. Australian Trade Minister Andrew Robb claimed the agreement will usher in a new era of economic growth and opportunity across the fast-growing Asia-Pacific … Continue Reading
