CPTPP signing slated for March 8 in ChileThe Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) scheduled to be inked by ministers of the 11 member countries in Chile on March 8. The 11 CPTPP economies make up about 13 percent of the global GDP. After the US withdrew from the Trans-Pacific Partnership (TPP), the predecessor of the CPTPP, in 2017, the remaining 11 countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam) agreed to maintain the deal and rename it CPTPP. On February 21, the full text of the CPTPP was announced, which is considered a sign showing that the 11 countries are ready to sign the agreement. Earlier, US President Donald Trump said his country would consider re-entering the CPTPP if the US could get a better deal.-VNA

Source: VietNamNet News March 06, 2018 11:48 UTC