ISDS Case Map
CPTPP
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Global companies are positioning themselves to use little-known rules in trade agreements to claim millions of dollars in compensation for restrictions imposed during the pandemic.
Japan and UK reaffirmed their commitment to build the “new partnership as ambitious, high standard and mutually beneficial as the Japan-EU EPA (Economic Partnership Agreement).
The agreement does not promise that the suspended provision on test data rule concerning biological medicines will remain suspended.
Japan will make a fresh attempt to expand the Trans-Pacific Partnership trade pact to include more Asian economies, such as Thailand, Taiwan, Indonesia and the Philippines, after the new coronavirus exposed the risks of supply chains overly dependent on China.
FTA Watch and Thai civil society slammed government’s attempt to push Thailand into CPTPP FTA while the country have no negotiating power; risking negative impacts on Thai small farmers, rights over seeds and breeds, and access to medicine.
The cabinet is expected to make a decision by April or May on whether Thailand will join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
The US Mexico Canada Agreement extended the TPPA’s digital trade rules to provide even more extensive guarantees the already-dominant technology corporations. The RCEP puts a break on those developments.
The U.K.'s foreign secretary landed in Australia on Thursday as part of a four-nation swing through the Asia-Pacific region to push for "ambitious" trade deals, but translating the government's post-Brexit swagger into concrete deals may be a long and bumpy process.
Japanese Foreign Minister Toshimitsu Motegi promised on Tuesday to help Thailand join a trans-Pacific free trade agreement at an early date.
The Japanese government will also be worried about a sluggish economy and there will be no appetite for liberalization measures that impose pain on Japanese businesses.
