Trade ministers announced the conclusion of TPP negotiations. Vietnam entered a major regional trade pact whose rules covered tariffs, labor, investment, and regulation. Supporters stressed market access; critics questioned the distribution of gains, national policy space, and the pressure placed on lower-wage economies.
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What happened on 5 October 2015?
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Explanation
Trade ministers announced completion of negotiations; the pact was not yet in force.
TPP negotiations concluded in October 2015, before the agreement entered into force.
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Explanation
Negotiations concluded in October; the agreement never entered into force in its original form.