UK CPTPP bid an ‘opportunity’: MOFA
DETERMINED: All of the CPTPP nations fully understand Taiwan’s intention to join the partnership, and they are ‘positive’ about the bid, spokeswoman Joanne Ou said
By Lin Chia-nan / Staff reporter
The UK’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is an opportunity for Taiwan, the Ministry of Foreign Affairs (MOFA) said yesterday, adding that the government would submit its application to join the trade partnership at “the most favorable time.”
“CPTPP is one of the most important free trade areas in the world and UK accession could see CPTPP’s proportion of global GDP rise to 16%,” British Secretary of State for International Trade Liz Truss wrote in a letter of intent published on Monday.