Diversifying trade and investment with key markets around the world is a priority of the Government of Canada. The government is committed to strengthening Canada’s trade and investment relations with economies throughout the Asia-Pacific region, including through the #Comprehensive_and_Progressive_Agreement_for_Trans_Pacific_Partnership (CPTPP).
The #CPTPP is a multilateral free trade agreement between #Canada and 10 other Asia-Pacific nations: #Australia, #Brunei, #Chile, #Japan, #Malaysia, #Mexico, #NewZealand, #Peru, #Singapore and #Vietnam. Combined, the 11 CPTPP members form a trading bloc representing approximately half a billion consumers and 13.5% of global GDP.
The accession of new economies to the CPTPP carries the potential to increase the agreement’s benefits for Canadians, further expanding Canada’s preferential market access and strengthening Canada’s connectivity to the Asia-Pacific region.
The Government of Canada is soliciting the views of the Canadian public and interested Canadian stakeholders on the accession of new members to the CPTPP.
Stakeholders have until 11:59 pm Pacific Time on August 25 to submit their responses, comments and suggestions.