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ARTICLE · 14 OCTOBER 2015

Trans-Pacific Partnership and data privacy in Australia

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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What are the implications of these provisions for your business and how do they operate under Australian privacy laws?

AustraliaInternational Law

Member states to the Trans-Pacific Partnership reached a consensus on Monday 5 October 2015. The agreement is expansive and introduces a number of trade initiatives including proposals regarding data flows. What are the implications of these provisions for your business and how do they operate under Australian privacy laws?

WHAT IS THE TRANS-PACIFIC PARTNERSHIP?

On Monday 5 October 2015, Australia, the United States, and 10 other Pacific Rim nations reached a consensus on the terms of the Trans-Pacific Partnership (TPP).

The TPP covers 40 per cent of the global economy and aims to create a Pacific economic bloc with reduced trade barriers to products ranging from dairy and agriculture to textiles and intellectual property. The TPP also introduces new rules related to investment, the environment and labour.

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