Racing to Join the Club: A Canadian Perspective on the CPTPP

Written by Hugh Stephens. As Canada works to develop and roll out its new “Indo-Pacific Strategy,” its membership in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) has become a cornerstone in the strategy’s thrust of diversification in Asia away from China. This is part of a perennial concern to find new markets to help offset Canada’s high degree of trade dependence on the United States. Closer economic relations with Taiwan will likely be one outcome of this strategy, although China will remain an important factor. 

A Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): A Game of Go? Or Three-dimensional Chess?

Written by Chun-Yi Lee and Michael Reilly. The CPTPP is an ambitious, wide-ranging free trade agreement (FTA) signed between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, and Vietnam in March 2018. The CPTPP was originally named as the Trans-Pacific Partnership and comprised twelve members. However, after the Trump administration withdrew the USA from it in 2017, the remaining eleven countries reorganised and renamed it. After leaving the EU, the UK applied to join in February 2021, followed by China and Taiwan in September. South Korea has been considering joining but has yet to do so. Countries seeking to join the bloc must negotiate tariffs and other market access conditions with each of the eleven original members.