Why South Korea should join the CPTPP

With the window closing on Seoul's leverage, time is of the essence

Peter A. Petri and Michael G. Plummer

November 30, 2021 05:00 JST

Moon Jae-in speaks during an online New Year news conference on Jan. 18: South Korean President expressed the country's interest in joining the CPTPP but progress has stalled since. © Reuters

Peter A. Petri is Carl J. Shapiro professor of international finance in the Brandeis International Business School and a nonresident senior fellow of the Brookings Institution. Michael G. Plummer is the director of SAIS Europe and Eni professor of international economics at Johns Hopkins University and a nonresident senior fellow of the East-West Center.