Singapore's Stand on China's application to Join Comprehensive and Progressive Agreement for Trans‐Pacific Partnership
Ministry of Trade and IndustrySpeakers
Transcript
8 Assoc Prof Jamus Jerome Lim asked the Minister for Trade and Industry (a) whether Singapore plans to support China’s application to join the Comprehensive and Progressive Agreement for Trans‐Pacific Partnership (CPTPP); (b) if so, why; and (c) if not, why.
Mr Gan Kim Yong: Singapore welcomes China’s interest to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is an open and inclusive agreement that is open to accession by any economy that is willing and able to meet the high standards of the Agreement. Expansion of the Agreement will enhance further economic integration and boost plurilateral economic ties. It will also create the foundation of a Free Trade Area of the Asia Pacific and beyond.
CPTPP parties will discuss matters on accession and any decision will be taken by consensus amongst the parties.