gs1medium
With reference to the ‘Trans-Pacific Partnership’, consider the following statements:
- 1.It is an agreement among all the Pacific Rim countries except China and Russia.
- 2.It is a strategic alliance for the purpose of maritime security only.
Which of the statements given above is/are correct?
- A.1 only
- B.2 only
- C.Both 1 and 2
- D.Neither 1 nor 2
▶ Answer & Explanation
Correct answer: D. Neither 1 nor 2
The Trans-Pacific Partnership (TPP) was a proposed trade agreement among twelve Pacific Rim countries, negotiated primarily by the United States. It aimed to promote economic growth and integration through reducing tariffs and other trade barriers. The agreement was not solely focused on maritime security and did not include all Pacific Rim nations, particularly excluding China and Russia from its initial discussions. The U.S. later withdrew from the TPP.
Source: UPSC gs1 2016