Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

On September 16, 2021, China announced that its Minister of Commerce, Wang Wentao, submitted a formal application to New Zealand’s Minister of Trade and Export Growth to join CPTPP. This is accompanied by recent efforts by Chinese embassy officials to lobby the Australian parliament for assistance in joining the trading pact.

The pact, consisting of

The trade and investment environment in the Asia-Pacific is one of the most dynamic, growth-oriented, and consequential to global companies, but also one of the most rapidly evolving. This week, eleven nations released the full text of the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This successor to the Trans-Pacific Partnership (TPP), will