Representatives of a dozen nations met in New Zealand to sign the debated Trans-Pacific Partnership, which seeks to bolster economies and investments between the United States and a number of Pacific Rim governments.
The TPP agreement was signed by the parties on Thursday, New Zealand time, during a formal ceremony in Auckland.
U.S. Trade Representative Michael Froman attended the signing for President Barack Obama's administration.
"My message is this is an historic agreement and we set out several years ago to negotiate together an ambitious, comprehensive and high-standard agreement and we've done," he said during the signing.
TVNL Comment: Big, big mistake. We didn't learn from NAFTA.
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