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ARTICLE · 25 JANUARY 2018

Is Your Organization Ready For The New CPTPP?

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On January 23, 2018, Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam reached an agreement in principle for a multi-country free trade area.

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Heather Innes
Heather Innes
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On January 23, 2018, Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam reached an agreement in principle for a multi-country free trade area. The Trans-Pacific Partnership Agreement ("TPP") has been renamed and will be called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”). The United States is not a signatory to the CPTPP.

We don’t yet know when the CPTPP will be implemented but it does appear that the 11 nations plan to finalize details and formally sign the CPTPP in March. Although few details are publicly available, it is not too early to start to assess how your organization will be impacted.

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