Radio Taiwan International
Date: 2018-03-09
The foreign ministry says it will continue pushing for Taiwan to join the CPTPP, or the
The government will continue pushing for Taiwan to join the CPTPP. (AFP photo)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
The ministry made the statement Friday. That’s a day after the regional trade bloc’s 11 member countries signed an agreement in Santiago, Chile. It is expected that the agreement will take effect next year.
The ministry said Taiwan hopes to join the CPTPP in due course and that it will continue seeking support from member countries. The economics ministry said Friday that it will update its impact analysis, better communicate with the public about the bid, and continue revising rules and regulations.
The 11 member countries combined accounted for 25% of Taiwan’s trade volume last year, with imports making up 29% and exports 21%. Among them, Japan, Singapore, Malaysia and Vietnam are among Taiwan’s top 10 trading partners. [SOURCE]
