The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP) was officially inked at a ceremony chaired by Chilean President Micelle Bachelet in Santiago de Chile on March 8.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP) was officially inked in Chile on March 8.
Trade ministers of 11 countries participating in the trade pact, namely Australia, Brunei, Canada, Malaysia, Mexico, Japan, New Zealand, Peru, Singapore and Vietnam, attended the event.
Vietnam was represented by Minister of Industry and Trade Tran Tuan Anh.
The ambitious deal came after the US pulled out the Trans-Pacific Partnership (TPP) agreement last year. The content of CP TPP was basically unchanged from the original TPP with 8,000 pages, except for the suspended implementation of 22 provisions mainly related to intellectual property. It sets high criteria in numerous fields, including labour, the environment, intellectual property, digital economy and cyber security. Continue reading “CP TPP trade deal officially inked in Chile”