How does Singapore Benefit from Trans Pacific Partnership?

An article in 5th person by Ong Kai Kiat dated Aug 13, 2015, (http://fifthperson.com/why-the-trans-pacific-partnership-will-transform-singapores-future-economy/) discusses how TPP will affect Singapore’s future. The article describes the effects of TPP on previously protected industries such as agriculture, standardized international trade practices, and abilities of corporations to sue governments in international tribunal. The opposition by trade unions over perceived jobs losses due to free trade and the power for corporations to sue governments are still a hurdle for successful passage of TPP. Moreover, with Singapore developing itself as an international commerce arbitration center and the rise in trade in the region, what would be the role of Singapore in world trade politics? With USSFTA already in place, is Singapore looking at other countries for export promotion? And given its central location, how much is Singapore expected to steer the Trade partnership across all the 12 parties?

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