TPP Ministers Outline Ratification Process; Mexico, Australia Aim For 2016

Trans-Pacific Partnership (TPP) trade ministers on Wednesday (Feb. 3) U.S.-time publicly laid out their domestic processes for ratifying the agreement, with those from Mexico and Australia saying they aim for legislative approval this year, but others such as U.S. Trade Representative Michael Froman providing no specific timeline. Speaking in a press conference after the signing of the agreement in New Zealand, Mexican Economy Secretary Ildefonso Guajardo said the TPP agreement only needs to be approved by the Mexican Senate, and...