Philippines, UAE, Indonesia Begin CPTPP Accession Talks With 12-Nation Bloc
Updated
Updated · Bloomberg · Jun 26
Philippines, UAE, Indonesia Begin CPTPP Accession Talks With 12-Nation Bloc
2 articles · Updated · Bloomberg · Jun 26
Summary
Senior officials from the 12-member CPTPP will open preparatory accession discussions with the Philippines, the United Arab Emirates and Indonesia, marking the next formal step toward membership.
The talks advance the three countries' push to widen free-trade links through one of the region's biggest trade pacts.
The bloc now has 12 members, with Japan, Canada, Australia and the UK among its largest economies after the United States quit the pact in 2017.
Singapore released the joint statement on Friday, underscoring the CPTPP's continued expansion beyond its original Asia-Pacific core.