日別アーカイブ: 2022年12月29日

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also known as the CEPAs agreement, is a free trade agreement involving 11 nations of the Pacific Rim. The agreement was signed in 2018 and came into effect in 2019.

The goal of the CPTPP is to eliminate or reduce tariffs and other trade barriers between participating countries. This facilitates the free flow of goods and services and promotes economic growth. Some of the key provisions of the agreement include rules around intellectual property, labor, and environmental standards.

The CPTPP was originally conceived as the Trans-Pacific Partnership (TPP). However, the United States withdrew from negotiations in 2017, leaving the remaining countries to renegotiate and ultimately sign the CPTPP. The 11 participating countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

One of the primary benefits of the CPTPP is increased access to new markets. For example, the agreement provides Canadian businesses with access to markets in Asia and the Pacific that were previously closed or restricted. Additionally, reduced tariffs on agricultural products can lead to increased exports and profits for farmers and producers.

The CPTPP is also significant because it sets high standards for labor and environmental protections. Participating countries must comply with strict regulations around worker safety, minimum wage, collective bargaining, and discrimination. In terms of the environment, the agreement requires countries to uphold commitments to combat climate change, protect endangered species, and manage natural resources sustainably.

Overall, the CPTPP represents a significant step forward in global trade and economic cooperation. By reducing barriers and promoting fair and sustainable practices, the agreement benefits businesses, workers, and consumers alike. As such, it is an important milestone in the ongoing development of the global economy.