News analysis

CPTPP: A not-so-little gift for free trade that may keep on giving

It may not be the biggest gift in the world, but sometimes it is the thought that counts.

With United States President Donald Trump warning he had plenty of firepower left to prosecute his trade war with China and with new fissures opening in the European Union with German Chancellor Angela Merkel's planned departure, news that the reboot of the Trans-Pacific Partnership will finally go into effect was almost as if Christmas had come early for rules-based trade.

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A version of this article appeared in the print edition of The Straits Times on November 01, 2018, with the headline 'CPTPP: A not-so-little gift for free trade that may keep on giving'. Subscribe