RoK considers joining CPTPP

October 01, 2021 | 14:30
The Trade Ministry of the Republic of Korea (RoK) on September 30 said that it is reviewing joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in line with its goal to play a leading role in trade in the region.
RoK considers joining CPTPP
RoK Trade Minister Yeo Han-koo (Photo: koreaherald.com)

Hanoi – The Trade Ministry of the Republic of Korea (RoK) on September 30 said that it is reviewing joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in line with its goal to play a leading role in trade in the region.

RoK Trade Minister Yeo Han-koo said during a meeting with local trade experts that the country is considered an ideal partner for the CPTPP in terms of its competitiveness in different industries and technologies.

The CPTPP is the renegotiated version of the Trans-Pacific Partnership (TPP) led by the US under President Barack Obama but abandoned by his successor, Donald Trump.

Eleven countries, including Japan, are currently participating in the trade deal.

VNA

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