11 countries have reached an agreement on economic cooperation based on trans-pacific partnership which is going to be signed this spring. Prime minister of Canada, Jastin Trudeau, informed about it in Davos economic forum. It is planned to eliminate 98% of market tariffs, the total cost of which is about $14 trillions. The deal requires cancelling of all economical limitations on seafood, wine, vegetables, cotton, industrial goods.

Agreement was executed by Australia, Canada, Chile, Japan, Brudnei, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It covers 40% of the world economy and was one of the most important achievements of Barack Obama, but Donald Trump signed Decree about the US coming out of the partnership.