Prelims 2016 · Current Affairs · Question 66
With reference to the 'Trans-Pacific Partnership', consider the following statements:<br/>1. It is an agreement among all the Pacific Rim countries except China and Russia.<br/>2. It is a strategic alliance for the purpose of maritime security only.<br/><br/>Which of the statements given above is/are correct?
Answer
Neither 1 nor 2
Statement 1: Incorrect. The Trans-Pacific Partnership (TPP) was a trade agreement, not an agreement among all Pacific Rim countries; several Pacific Rim countries were not members, including China and Russia.
Statement 2: Incorrect. TPP was not a maritime-security alliance; it was an economic/trade pact covering trade, investment, intellectual property, labour, etc.
Therefore, neither 1 nor 2 is correct.