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ARTICLE · 27 FEBRUARY 2018

The Comprehensive And Progressive Agreement For Trans-Pacific Partnership (CPTPP)

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The full text of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been released, but the bilateral side-letters have not been released to date.

CanadaInternational Law
Richard Dearden
Richard Dearden
Wendy Wagner
Wendy Wagner
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Introduction

The full text of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been released, but the bilateral side-letters have not been released to date. CPTPP (which is only 9 pages) incorporates by reference the Trans-Pacific Partnership Agreement (done at Auckland on February 4, 2016)1 — but a number of provisions have been suspended.

Economic impact analysis

The CPTPP will be one of the largest trading blocs in the world, with 11 member countries, 495 million people and a gross domestic product of CAD $13.5 trillion – a full 13.5% of global GDP.  The CPTPP countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam (the United States of America is not a Party to the CPTPP).

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