Trade ministers of the United States and 11 other Pacific Rim countries attend a press conference after negotiating the Trans-Pacific Partnership (TPP) trade agreement in Atlanta, the United States, on Oct. 5, 2015. [Photo/Xinhua]

Trade ministers of the United States and 11 other Pacific Rim countries have reached an agreement on the Trans-Pacific Partnership (TPP) free trade pact that would affect 40 percent of the world economy on Oct 5.

Negotiators will continue to work on technical issues for preparing a complete text for public release, including the legal review, translation, and drafting and verification of the text, to formalize the outcomes of the agreement.