China officially applies to join CPTPP trade pact

Bid comes day after U.S., U.K. and Australia announce new defense partnership

20210916N tpp placeholder (REUTERS)

Representatives of Comprehensive and Progressive Agreement for Trans-Pacific Partnership member countries take part in a news conference in Santiago, Chile, in 2019. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- China has formally moved to join a Pacific trade pact involving Japan, Australia, Malaysia and other regional economies, the Chinese Ministry of Commerce said Thursday.

Beijing seeks to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), formerly called the Trans-Pacific Partnership. Chinese Commerce Minister Wang Wentao presented China's application to New Zealand counterpart Damien O'Connor and discussed the upcoming process by telephone. Documents were submitted to support the application.

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