Beijing has applied to join an Asia-Pacific trade pact once pushed by the U.S. as a way to isolate China and solidify American dominance in the region.
Member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreed to hold within a month a first meeting with Britain to discuss its inclusion in the trade deal.
Britain aims to conclude negotiations to join the trans-Pacific trade group by the end of 2022, said International Trade Secretary Liz Truss.
China is set to upgrade its current free trade agreements (FTAs) and is actively considering joining the CPTPP for further expansion of opening-up, as the agreements have played a vital role in Chinese foreign trade.
Britain is nearing an agreement in principle on a free trade deal with New Zealand, its trade ministry said, as London looks to bolster its post-Brexit trade ties with non-EU partners.
The Congress of Peru ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signed on March 8, 2018, by the Peruvian Government.
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.