BBCNEWS BBC News June 4, 2024 12:16:00
The key perk for all nations is greater access to each other�*s markets. there is also a pledge to eliminate or reduce 95% of import charges or tariffs. some are kept to protect sensitive domestic areas, things like japan's rice farming industry. they must cooperate on regulations such as food standards, but unlike the european union, the cptpp is neither a single market nor a customs union. countries are not required to have identical regulations and standards. looking ahead, china is vying to sign up, as is taiwan, but the real price for all in the group would be if the us reversed a decis...