THE COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS-PACIFIC PARTNERSHIP

Trans-Pacific Partnership (TPP) is a Free Trade Agreement (FTA) among twelve country members, including United States, Canada, Mexico, Peru, Chile, New Zealand, Australia, Japan, Singapore, Brunei, Malaysia and Vietnam. On February 4th, 2016, TPP was officially signed amd was expected to come into force in 2018. After the US’s withdrawal in January 2017, TPP can not meet enough requirements for enforcement as expected.
In November 2017, Trade ministers from 11 member countries of the Trans-Pacific Partnership (TPP) have agreed on core elements of the pact, which is from now on called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In March 2018, CPTPP was officially signed by 11 country members (excluding United States). CPTPP will come into force if there are at least 6 country members or haft of CPTPP members approve this agreement.
CPTPP maintain almost TPP commitments excluding: (i) United States-related commitments; (ii) 22 freeze clauses (having Detailed List); and (iii) some modifications in Side Letters among CPTPP members.