Simon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

The TPP will enter into force some 60 days after the first six TPP-11 member countries complete all necessary ratification procedures. Three nations to date—Mexico, Japan and Singapore—have ratified the agreement, with a number of other countries, including New Zealand and Canada, indicating they will ratify in coming months. We look forward to the passage of legislation through both houses of the parliament to ensure that Australia is also able to move swiftly towards ratification to ensure those benefits of some $15.6 billion in annual lift to our income are realised by 2030. (Time expired)

Senator Whish-Wilson interjecting—