TPP-11 to take effect by year’s end after six countries complete ratification

Less than a year after its signing -- and in spite of a U.S. withdrawal -- the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is set to take effect at the end of 2018 after Australia on Tuesday became the sixth country to ratify the pact. “This triggers the 60 day countdown to entry into force of the Agreement and the first round of tariff cuts,” New Zealand’s trade minister David Parker, whose country serves as the agreement's depository, said...