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Old 11th March 2018, 06:16 AM   #1 (permalink)
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Singapore inks new TPP trade pact with 10 other countries: 5 things to know about the CPTPP

Singapore inks new TPP trade pact with 10 other countries: 5 things to know about the CPTPP

By Tang See Kit @SeeKitCNA
09 Mar 2018 07:18AM (Updated: 09 Mar 2018 11:32PM)


SINGAPORE: Moving along without the United States, the remaining 11 countries of the Trans-Pacific Partnership (TPP) on Thursday (Mar 8) signed a new version of the multilateral trade pact, resuscitating a landmark deal that would slash tariffs and foster trade in a market with a combined output of US$10 trillion (S$13 trillion).

The inking of the Comprehensive and Progressive Agreement for TPP (CPTPP) in Chile followed the conclusion of talks in January and marked a turnaround of fate after Washington’s withdrawal a year ago left it in limbo.

Read more at source:
https://www.channelnewsasia.com/news...apore-10025856

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