InMarch2010,eightAPECcountries,namelytheU.S.,Australia,NewZealand,Singapore,Brunei,Chile,PeruandVietnamofficiallylaunchedtheinter-governmentalnegotiationsontheTrans-PacificPartnershipAgreement(TPP).ThisnewFTAintheAsia-Pacificregion,featuringcomprehensiveandhighdemandsforliberalisation,rapidadvancementandstrictnegotiationtimetable