US EditionPhilippine, UAE Have Applied for CPTPP Membership, Report Claims
The Philippines and UAE seek CPTPP membership to protect economic interests amid trade fragmentation, joining 8 other applicants for a pact covering $13.5 trillion GDP and 500 million people.
6 Articles
6 Articles
Philippines, UAE Have Reportedly Applied to Join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
The Philippines and the United Arab Emirates have applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), sources said.
Eyes on Asia: UAE, Philippines eye CPTPP accession
The United Arab Emirates and the Philippines have applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Nikkei reported on Monday, citing Japanese government sources. The report says the two gave New Zealand – the CPTPP depositary – accession requests in August. They will fall into a queue for prospective members that includes Indonesia, Ecuador, Uruguay, China and Taiwan. The UAE is the first from the Middle…
Philippines Seeks CPTPP Membership Amid Global Trade Shifts
The Philippines’ reported application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade pact is a strategic move that underscores the growing uncertainties in global trade dynamics. This application, along with that of the United Arab Emirates, signals a concerted effort by nations to hedge against the fracturing of the established international… Source
By the 4th, the Philippines and the United Arab Emirates (UAE) had applied to join the Trans-Pacific Partnership (TPP), bringing the total number of countries and regions seeking membership to nine. As economic powers intensify their protectionist moves, including the high tariff policies of the United States, countries seeking countermeasures are looking to economic partnerships as a way forward.
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