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Presidential Notice

Notice of Intention To Enter Into the Trans- Pacific Partnership Agreement

President Obama formally notified Congress of his intention to enter into the Trans-Pacific Partnership (TPP) trade agreement with 11 other countries, as required by the Trade Priorities Act of 2015. The notice states the administration's goals of boosting exports, creating jobs, and lowering consumer costs, contingent on partner countries meeting U.S. market-access and standards objectives.

Federal Register Open PDF 80 FR 69561

Impact dates

  1. Publication of notice in Federal Register

Key directives

  • Notify Congress of intention to enter into TPP Agreement
  • Publish notice in the Federal Register

Timeline

Immediate

  • Congressional notification of intent to enter TPP

Near term (90d)

  • Continued negotiations with partner countries on market-access terms and high-standard obligations

Long term

  • Potential TPP agreement entry into force if negotiations conclude and Congress approves implementing legislation

Risks & tensions

  • Contingent on partner countries meeting unspecified market-access goals
  • High-standard obligations remain undefined in notice
  • Congressional approval of implementing legislation uncertain despite fast-track authority
  • Domestic political opposition to TPP from both parties evident in 2015
Presidential Notice: Notice of Intention To Enter Into the Trans- Pacific Partnership Agreement · Executive Orders