![file_icon](images/file_icon.png)
Published Date: 2018-11-12
Premier William Lai said Taiwan can use APEC as a channel to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He was speaking Thursday at a governmental meeting about the recent APEC summit.
Lai said that all CPTPP members are APEC members so Taiwan can use the APEC platform to join the second round of negotiations for the CPTPP. The CPTPP is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Seven countries have already signed and the agreement will begin taking effect at the end of this year.
Minister without Portfolio John Deng says the member countries are focused on getting the agreement to take effect this year. They have not yet clarified how countries can join the agreement.
When asked if Taiwan’s agricultural sector is ready to join this trade pact, Deng said that Taiwan’s produce is competitive on the global market and is ready to be exported.