ENTERING RECOVERY PHASE

On 5 August, Singapore and members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) committed to support trade liberalisation.

MEASURES

  • Economies under CPTPP remain committed to fight protectionism and avoid food and medicine shortages during the COVID-19 pandemic by keeping supply chains opened.
  • Economies also seek to intensify cooperation, free trade and limit restrictive measures.
  • Members of CPTPP include Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.