On March 8, 20 18, representatives of 1 1 countries involved in the negotiation of the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) held a signing ceremony in Santiago, Chile. The countries that signed CPTPP are Japan, Canada, Australia, Chile, New Zealand, Singapore, Brunei, Malaysia, Vietnam, Mexico and Peru.
According to the joint statement, the new framework of CPTPP will keep more than 95% of the original TPP items, and only 20 items will be shelved, of which 1 1 items are related to intellectual property rights. Among the existing agreements signed in February, 2065438+2006, the new agreement mainly includes clauses written at the request of the United States, freezing the effectiveness of 20 clauses.
Although CPTPP5% is still the highest level of economic and trade freedom mechanism so far, shelving 20 clauses is equivalent to giving up 5% of the original TPP projects, and CPTPP is not only shrinking but also not so comprehensive.