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Brunei becomes 11th nation to ratify CPTPP trade deal

Founding member seeks more foreign direct investment

The CPTPP will help Brunei tap into new trading opportunities in countries like Canada and Chile, Brunei's government says.   © Reuters

SINGAPORE -- Brunei has ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the last of the original 11 signatories of the trade and investment deal to do so.

Brunei notified New Zealand, which serves as depositary for the agreement documents, of its ratification on Saturday, according to a government statement Sunday.

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