New Zealand pushes for final draft of the CPTPP to be released this Wednesday

New Zealand is due to publish its own assessment of the CPTPP on Wednesday.

On Monday, Jacinda Ardern, New Zealand’s Prime Minister stated her country is taking pains to see that the final text of the revived Trans-Pacific trade pact is released on Wednesday since that is when her government will also publish its own assessment of the deal.

With U.S. President Donald Trump withdrawing the U.S. from the TPP deal earlier this year, the 11 nations, led by Japan, had announced in January 2018 that the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would go ahead, without the U.S., with some adjustments.

Ardern said, the release of the final draft has been held up due to translation issues.

“We have been urging all parties to reach agreement because of our strong desire to be absolutely transparent around the text as soon as possible,” said Ardern to reporters at Parliament. “On Wednesday it is our intention to release the national impact statement for the CPTPP and it is also our strong hope that we will be in a position to release the text of the agreement at that time.”

The CPTPP is due to be signed by 11 nations at a ceremony in Chile this March.


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