The Trans-Pacific Partnership trade agreement (TPP) was signed on February 4, 2016. The TPP concerns a wide range of issues and has been negotiated over several years by the United States and 11 Pacific Rim trading partners (collectively, the Parties). Signing the agreement is not ratification. Rather, it triggers the process by which the TPP can be considered by each country’s domestic ratification procedure.
President Barack Obama has urged leaders in Congress to approve the trade deal under the terms of the fast-track trade legislation, which allows for expedited consideration and does not permit amendments.