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On 25 October 2018, New Zealand ratified the CPTPP, increasing the number of countries that had formally ratified the agreement to four. [35] Also on 25 October 2018, Canada passed [36] and was granted royal assent on [37] the enabling legislation. The official ratification was deposited on 29 October 2018.
- 23 January 2018
- Trade agreement
- 8 March 2018
The accession of the United Kingdom to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been on the current agenda for the enlargement of the CPTPP since 2 June 2021, when the CPTPP Commission decided to move
The CPTPP is a trade bloc consisting of 11 member states. The UK government claims that this agreement will provide British businesses with access to a market of 500 million people, resulting in significant benefits.
- 5 October 2015; 8 years ago
- Trade agreement
- 4 February 2016; 7 years ago
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Membership. 14 countries. The Indo-Pacific Economic Framework for Prosperity ( IPEF) is an economic initiative launched by U.S. President Joe Biden on May 23, 2022. [1] [2] The framework launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.
- 23 May 2022
- Economic initiative
Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995, having been an original GATT member since 1 January 1948. The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.
The Regional Comprehensive Economic Partnership ( RCEP / ˈɑːrsɛp / AR-sep) is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2] The 15 member countries account for about 30% ...
Asia-Pacific Economic Cooperation (APEC / ˈ eɪ p ɛ k / AY-pek) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of ASEAN's series of post-ministerial conferences launched in the mid-1980s, APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies and ...