Article PJJA Turnbull: Trans-Pacific Partnership 'a foundation stone for future prosperity’

Turnbull: Trans-Pacific Partnership 'a foundation stone for future prosperity’

by
Daniel Hurst Political correspondent
from on (#PJJA)

Australia resists US push for changes to medicine patent rules in 12-nation TPP which government says will deliver 'enormous benefits'

Australia has resisted a United States push to make changes to medicine patent rules and will gain "enormous benefits" from increased market access across the Asia-Pacific in a 12-country trade deal, the Turnbull government has said.

The trade minister, Andrew Robb, joined representatives of the other countries, including the US, Japan, New Zealand and Canada, to announce the conclusion of negotiations on the Trans-Pacific Partnership (TPP) in Atlanta on Monday.

Related: TPP deal: US and 11 other countries reach landmark Pacific trade pact

Related: From cars to cough medicine: why the Trans-Pacific Partnership matters to you

[We have] delivered on the promise not to change the existing five years of data protection for biologic medicines

Related: TPP or not TPP? What's the Trans-Pacific Partnership and should we support it?

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