Taiwan will seek support in Chile and Peru to join the TPP

An official delegation from taiwan will travel at the end of April to Chili and Peru to gather support for the adhesion of the island to the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPPalso known as TPP-11), the island’s media reported today.

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Taiwanese Vice Minister of Foreign Affairs, Roy Leeadvanced in a parliamentary commission that Taipei is redoubling its efforts to join the block ahead of the meeting that its members will hold next July, in which new additions could be considered, the official agency reports CNAs.

taiwan submitted its formal application to join the TPP in September 2021, although for the moment the group has not given the green light to start negotiations.

Lee explained that the Taiwanese government has found “Some difficulties” in access to detailed information on the process to be followed by member countries of the TPP to analyze the request of the island.

According to the diplomat, Japan and Canada support the request for Taipeiwhile Australia maintains that the Treaty is open to all economies that meet its high standards.

However, there is little information on the position of Peru and Chile regarding the incorporation of Taiwan and that is the reason why the Government of the island will send a delegation to present its arguments and request the support of Santiago and LimeLee added.

He CPTPPsealed in 2018, includes to Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United Kingdom, and Vietnam.

At first it had USAbut this country abandoned the project in 2017 by decision of the former president donald trumpwhich is why it is also known as the TPP-11.

With Taiwan, China and Uruguay They have also started the accession process to the Trans-Pacific Agreement, which is one of the largest free trade agreements in the world and covers 15% of the world GDP.

Source: Elcomercio

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