TPP deal: US and 11 other countries reach landmark Pacific trade pact
by Jessica Glenza and agencies from on (#PGJY)
Trans-Pacific Partnership - the biggest trade deal in a generation - would affect 40% of world economy, but still requires ratification from US Congress and other world lawmakers
Trade ministers from 12 countries announced the largest trade-liberalizing pact in a generation on Monday. In a press conference in Atlanta, trade ministers from the US, Australia and Japan called the the Trans-Pacific Partnership an "ambitious" and "challenging" negotiation that will cut red tape globally and "set the rules for the 21st century for trade".
Related: From cars to cough medicine: why the Trans-Pacific Partnership matters to you
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