Search results
- CPTPP membership could help Taiwan diversify its external economic relations and mitigate its heavy dependence on the mainland—which has increased under the cross-Strait Economic Cooperation Framework Agreement and several follow-on accords—and the resulting vulnerability to Beijing’s political use of economic leverage.
taiwaninsight.org/2022/06/24/from-wto-to-cptpp-what-makes-the-consideration-of-china-and-taiwans-accessions-different/
People also ask
Should Taiwan join the CPTPP?
Should China join the CPTPP?
Why is the CPTPP so important?
How does CPTPP affect Taiwan's Economy?
When did China join the CPTPP?
Is Taiwan a good place to invest in CPTPP?
Nov 11, 2021 · Taiwan’s National Development Council estimates that joining the CPTPP would help Taiwan’s economy grow by 2 percent, whereas not joining would result in the economy shrinking by...
- History and Background
- Accession Process
- Critical Background Issues
- Key Hurdles to Accession
- Likely Scenarios in The Accession Process
- Recommendations
The current CPTPP grew out of the Trans-Pacific Partnership (TPP) trade agreement, the 12-country pact finalized in 2015. In addition to the existing 11 members of the current CPTPP, the TPP also included the United States. The TPP itself was the result of more than a decade of discussions about concluding a trans-Pacific trading framework. The con...
Even though two of the original signatories (Chile and Brunei) have not yet ratified the CPTPP, its expansion is underway. The Agreement (Article 5) specifically provides for new entrants, stating: “After the date of entry into force of this Agreement, any State or separate customs territory may accede to this Agreement, subject to such terms and c...
The current members of the CPTPP face a difficult dilemma in evaluating the applications from both China and Taiwan. These two applications come amid an extremely complex international political and diplomatic environment and a period of high tension between the two economies. Although Taiwan had been signalling for some time that it wished to join...
Although both China and Taiwan have submitted requests to accede to the CPTPP agreement, and both are undertaking initiatives to assist in complying with the provisions of the agreement, there are a number of these provisions that make China’s bid particularly problematic.
In evaluating the scenarios regarding the outcome of China and Taiwan’s applications, it is important to note that Article 30.4 of the CPTPP clearly welcomes all APEC economies and separate customs territories that are prepared to comply with the obligations in the agreement. Both Taiwan and China, therefore, qualify to submit applications. There a...
Our recommendations as to what approach Canada should take to the CPTPP applications of both China and Taiwan come down to basic principles, giving Canadian decision-makers flexibility within a set of overarching guidelines. It goes without saying that Canada’s position on the accession process of both Taiwan and China must, above all, be based on ...
Sep 12, 2019 · Taiwan’s accession to CPTPP, which will require further opening of Taiwan’s markets, will facilitate the entry of Canadian businesses into Taiwan. It will also make it easier for Canadian companies to bid for government procurement contracts in Taiwan.
Oct 3, 2024 · Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a key policy objective, and Taiwan’s accession to it would expand the platform’s economic and trade influences, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said in a speech at a seminar in Taipei yesterday.
Nov 21, 2023 · CPTPP membership would give Taiwan preferential access to many important markets, help it to attract inward investment and support its ability to remain competitive in global markets. Joining the CPTPP is a top policy priority for Taiwan because it faces intense military pressure from Beijing.
Jun 30, 2022 · Taiwan has been preparing for CPTPP accession for the last eight years. The economic importance of CPTPP for Taiwan is critical, as it is perhaps one of the limited options available for Taiwan to avoid being marginalised from the Asia Pacific regional integration process.
Jan 16, 2024 · CPTPP members need to be clear with both China and Taiwan: if either or both meet most of the entry criteria, they should be put on a track toward succession and given a clear message about how they can finalize the process.
