• TPP outcomes at a glance

    The TPP has delivered high quality outcomes for Australian goods exporters and services suppliers.

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  • TPP text and associated documents

    An English language version of the legally verified TPP text was released on 26 January 2016.

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  • TPP outcomes and background documents

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Trans-Pacific Partnership Agreement

Latest news

Joint Standing Committee on Treaties’ TPP report

30 November 2016

The Joint Standing Committee on Treaties (JSCOT) report of its inquiry into the Trans-Pacific Partnership (TPP) was tabled in Parliament on 30 November 2016. The JSCOT report included a number of recommendations, including that Australia take binding treaty action to ratify the TPP.

Joint Standing Committee on Treaties’ report

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About the Trans-Pacific Partnership Agreement

Trans-Pacific Partnership Agreement (TPP) negotiations were undertaken by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the United States and Vietnam. These negotiations successfully concluded on 6 October 2015 (AEST).

The TPP is a regional free trade agreement of unprecedented scope and ambition with great potential to drive job-creating growth across the Australian economy.

TPP outcomes include new market access opportunities for Australian exporters of goods and services, as well as investors, that are additional to Australia’s existing free trade agreements. For investment, the TPP will create new opportunities and provide a more predictable and transparent regulatory environment.

The TPP will also establish a more seamless trade and investment environment across 12 countries by setting commonly-agreed rules and promoting transparency of laws and regulations. The TPP will provide greater certainty for businesses, reduce costs and red tape and facilitate participation in regional supply chains.

The TPP addresses contemporary trade challenges in ways that have not previously been addressed in Australian FTAs, such as commitments on state-owned enterprises, which will promote competition, trade and investment and enable Australian exporters to compete on a more level playing field.

The TPP allows for other members to join in the future, which will amplify its benefits. Australia is committed to expanding the TPP membership over time.

Last Updated: 2 December 2016

TPP market snapshot (including Australia)

  • GDP: US$27 trillion
  • Population: 819 million
  • Trade with Australia: AU$226 billion
  • TPP % of world GDP: 37.4%
  • TPP % of world population: 11.3%
  • TPP % of world trade: 25.9%

Contact us

  • Email: tpp@dfat.gov.au
  • Mail:
    Goods and Investment Branch
    Department of Foreign Affairs and TradeR.G. Casey Building John McEwen Crescent Barton ACT 0221