The United Kingdom has struck a deal to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) after almost two years of “intense negotiations,” the British government said on March 31. In a statement, the British government hailed the Asia-Pacific trade deal as the country’s “biggest trade deal since Brexit,” referring to the withdrawal of Britain…
Britain Joins Asia-Pacific Free Trade Pact in ‘Biggest Trade Deal Since Brexit’
Australian Parliament Committee Formally Backs Taiwan Over China for Pacific Trade Pact
An Australian parliamentary body has called for Taiwan to join the Trans-Pacific Partnership over China, issuing an ultimatum to the communist regime to end coercive trade measures and re-establish engagement with Australia before it can enter the trade bloc. Ted O’Brien, chair of the trade subcommittee of the Joint Standing Committee on Foreign Affairs, Defence,…
Australia Ratifies World’s Biggest Trade Agreement With 15 APAC Countries
Australia has ratified one of the biggest trade deals spanning the Asia-Pacific region, but has maintained “grave concerns” over the political situation in Burma, also known as Myanmar. The Regional Comprehensive Economic Partnership (RCEP) includes 15 signatories, covering 2.2 billion people, and 29 percent of global GDP. The 15 countries include ASEAN nations, Burma, Vietnam,…
Taiwanese Official Asks Australia to Support Island’s Bid to Join CPTPP Trade Agreement
A Taiwanese official has asked Australia to support its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which the Chinese regime opposes. Taipei Economic and Cultural Office representative Elliott Charng told a Parliament committee in Canberra on Tuesday that Taiwan can boost high-technology trade flows and growing demand for Australian minerals. Charng…
The Fable of the Trans-Pacific Trade Pact
Commentary The story of trade in our world is an ongoing fable of successes and failures, even as the setups to facilitate it are usually invariably designed to bring happily prosperous outcomes. Like all fables, there are lessons to be learned. The Trans-Pacific Partnership (TPP) began as an expansion of the Trans-Pacific Strategic Economic Partnership…
Taiwan Moves to Join Pacific Trade Pact Before China
Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sept. 20, following China’s bid last week. Taiwan submitted its application to New Zealand, who handles the paperwork for the trade bloc, but warned that if China’s application were approved, it would struggle to join the CPTPP. Taiwan has…
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