As the US mulls a digital trade agreement to counter China, it faces a key problem: Many countries in Asia don’t want to join any deal seen as challenging Beijing, whose tech giants are deeply entrenched in the region.
Final studies on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are ready and scheduled to go before the cabinet’s consideration over the next few weeks so that the government can make a decision whether to apply to join the pact.
The UK is beginning negotiations to join a free trade alliance with Asia-Pacific countries, a key part of its attempts to pivot trade away from Europe after Brexit.
Cabinet to mull report on whether to join CPTPP agreement, though critics say it must make out a strong case first.
Taiwan’s CPTPP entry would not be a minor development that Tokyo can skate past China. Beijing has actively worked to ensure that Taiwan remains outside regional and global multilateral setups and agreements.
Wednesday’s decision to begin talks on having the U.K. join the Trans-Pacific Partnership has refocused attention on the 11-member trade agreement’s expansion plans, as China puts out unofficial feelers about getting on board.
The 11 members of the Trans-Pacific Partnership decided Wednesday to start negotiations for Britain’s entry into the regional free trade agreement, a Japanese minister said.
The CPTPP risks becoming another merry-go-round in the largely secretive circus of free trade agreements. Countries seem willing to climb on board without prior public scrutiny or any compelling rationale.
Following the hashtag #NOCPTPP trending due to resistance directed at Thailand’s participation in the CPTPP, it has been explained that the Cabinet has only agreed to grant the Prime Minister another 50 days to consider the issue to ensure thoroughness.
If all the seemingly insurmountable barriers are overcome and the US decides to reactivate the original Trans-Pacific Partnership Agreement, would there be another groundswell of opposition? You betcha.
The Department of Trade and Industry (DTI) said the Joint Economic Cooperation (JEC) between the Philippines and Chile will commence this year to strengthen trade and investment ties between the two nations.
The Ministry of International Trade and Industry (Miti) targets to receive the mandate from the Cabinet to determine the direction of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in October this year.
Australian Trade minister has departed Britain promising an in-principle trade deal with the United Kingdom by June.
The removal of investor–state dispute settlement (ISDS) from the renegotiated NAFTA was a critical victory but Canada, the US and Mexico continue to be enmeshed in an extensive web of bilateral and regional accords containing ISDS.
The Finance Ministry is speeding up its study on the pros and cons of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as working on protective measures to cushion against the impact of the pact if Thailand decides to join.
But UK farm leaders have warned that existing group members do not have the same high rules on standards and welfare as those in force in the UK.
US Trade Representative has raised digital trade as an area of potential future cooperation in her coversations thus far with Asian partners.
The Philippines has formally expressed interest in joining the Trans-Pacific Partnership, with the goal of building new relationships with countries outside its existing bilateral free trade agreements.
The Philippines is starting informal talks with members of a transpacific trade deal as part of the process of indicating interest to join the agreement.
There are several sticking points for new entrants into the CPTPP, especially China.