The Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP) enters into force

Published 2021년 9월 26일

Tridge summary

The Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP), one of the largest trade agreements in the world, has come into effect. The agreement, ratified by Australia, Canada, Japan, Mexico, New Zealand, Peru, Singapore, and Vietnam, will allow Peru and Vietnam to enter markets that they previously had no trade agreements with. The deal is expected to benefit Peru's agricultural products, including bananas, grapes, coffee, and ginger, which currently account for 18% of New Zealand's imports, and Vietnam's grapes, coffee, garlic, and mangoes, which make up 4% of Vietnam's imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

One of the largest trade agreements in the world, the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP), entered into force since last Sunday. The agreement is ratified by Australia, Canada, Japan, Mexico, New Zealand, Peru, Singapore and Vietnam. However, the most interesting thing is that it will allow Peru to enter New Zealand and Vietnam, countries with which there were no trade agreements. The agricultural products that will benefit from entering New Zealand will be bananas, grapes, coffee and ginger, foods that represent 18% of imports in that market. Agricultural products in New Zealand were provided this year mainly by the United States, Australia, Ecuador, the Philippines, Chile and Mexico. Regarding the ...

Source: Freshfruit.pe