Wednesday, July 15, 2015

Fast Track Trade Authority only applies to future trade agreements

According to the Fast track 2015, once a trade agreement is finalized, the president must publish the finalized trade agreement within 60 days. Unfortunately, this might not be the case as it could only apply to future trade agreements, and may not apply to the TPP, keeping the full text hidden for the next few years as Australian Trade Minister Robb announced to the Australian (Subscription only) that the trade agreement will be signed within weeks after the deal is concluded, which could be up into the end of next month. Congress will then within 60 days from both houses must approve the agreement with changes to its laws.

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