TPP Trade Pact Signed
February 5, 2016

Trade ministers have officially signed off on the Trans-Pacific Partnership, but that doesn't look to be speeding up congressional approval in the United States.

The officials from 12 Pacific Rim countries gathered in Auckland, New Zealand, Thursday to sign the final text of the TPP, signaling the official end of the deal's negotiations. Attention will now shift to gaining approval for the agreement in all member countries, something that might not happen until 2017 in the United States.

At the signing in New Zealand, U.S. Trade Representative Michael Froman said he was "confident" that the leaders and members of Congress would "see the benefits" of the agreement and that TPP would have "the necessary bipartisan support" for final passage.