Aug 2, 2019
For CPTPP members, the party’s just getting started
While it hasn’t been long since the CPTPP was ratified, member countries are starting to see the benefits of reduced trade barriers.
Signatories of the CPTPP pose for the official picture before signing the 11-nation trade pact in Santiago, Chile in 2018.
Claudio Reyes/AFP/Getty Images
Top diplomats from the Asia Pacific region are in Bangkok today for a forum on trade in the Pacific Rim. Most of those countries — Australia, Vietnam, Japan and more — are still part of the Trans-Pacific Partnership, now called the CPTPP, which the U.S. abandoned on President Trump’s first full day in office. And while it hasn’t been long since the CPTPP was ratified, those member countries are starting to see the benefits of reduced trade barriers.
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