Description
China formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in a letter to New Zealand's trade minister on September 16, 2021, the first step in a long and complicated admission process. The United Kingdom is more advanced in the process, having begun accession talks in the summer of 2021 with the agreement's 11 members, and White House press secretary Jen Psaki indicated the United States may consider rejoining if the deal is upgraded.
This graphic shows the steps necessary for these potential applicants to join the agreement in negotiations between aspirants and members. Entry to the trade pact requires a consensus among existing signatories—at the beginning of the accession process and along the way to achieve acceptance of the applicant's terms. Applicants must work with every member to satisfy their concerns.
This PIIE Chart is based on additional research from Jeffrey J. Schott, China's CPTPP bid puts Biden on the spot.
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