The blockbuster Trans-Pacific Partnership that was finalized early Monday is many things to its various interested parties.

Asian economies will rely on preferential access to large markets across the Pacific to be an engine of new jobs and economic growth that has recently stalled. For U.S. President Barack Obama the accord will likely take effect during his final year in office and burnish his credentials for successfully “pivoting” U.S. foreign policy towards the Asia-Pacific region. Candidates vying for Obama’s job, meanwhile, will surely offer varying opinions on the deal to score political points.

The TPP agreement summary contains an entire chapter specifically on development and it is believed to be a first time that such a multinational trade deal includes a specific focus on the topic.

For stakeholders in the development industry, fresh off their own pivotal week in New York, the long-sought Trans-Pacific Partnership will have substantive impact on several of the sustainable development goals that government, civil society and business leaders recently agreed to achieve in the next 15 years.