After the negotiations concluded on 5 October 2015, the Trans-Pacific Partnership Agreement (TPP) text was subject to a process of legal review, translation and verification. An English language version of the legally verified TPP text was released on 26 January 2016 (This supersedes the version of the TPP text that was released on 5 November 2015).
The TPP was formally signed by Trade and Investment Minister Robb on 4 February 2016 in Auckland, New Zealand.
The TPP text and accompanying National Interest Analysis was tabled in Parliament on 9 February 2016.
In accordance with Australian treaty-making processes, implementation of the TPP will include the following steps:
- Following tabling, the Joint Standing Committee on Treaties (JSCOT) will conduct an inquiry into the Trans-Pacific Partnership Agreement and will report back to Parliament.
- Parliament will consider any legislation or amendments to existing legislation that may be necessary to implement the Agreement.
- The TPP will enter into force 60 days after all original signatories have notified completion of their domestic legal procedures. If this has not occurred within two years of signature, the Agreement will enter into force 60 days after the expiry of that two year period if at least six original signatories accounting for 85 percent of the combined gross domestic product of the original signatories have ratified the Agreement.