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Why the EU should join the CPTPP
Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership would be a geostrategic plus for Europe while strengthening the rules-based trading order.
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The EU has finally awoken from its slumber of over-reliance on the US for its security umbrella, says the writer.
PHOTO: REUTERS
Yeo Lay Hwee
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In December 2024, the United Kingdom became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). If geography is no barrier to the UK’s membership in the Pacific club, then it is time for the European Union to seriously consider joining the CPTPP too.
The addition of the EU to the CPTPP would make for – in the hyperbolic lingo of US President Donald Trump – a “beautiful” trade agreement, benefiting both parties and more “bigly”.
