Common Contracts
1 similar Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Cptpp) contracts
PHOENIX FROM THE ASHES: CPTPP MEANING FOR ASIA-PACIFIC (AND GLOBAL) INVESTMENTComprehensive and Progressive Agreement for Trans-Pacific Partnership (Cptpp) • October 9th, 2020
Formerly known as the Trans-Pacific Partnership (hereinafter “TPP”), the Comprehensive and Progressive Agreement for Trans- Pacific Partnership (hereinafter “CPTPP”) is a multilateral Free Trade Agreement (hereinafter “FTA”) signed by eleven Asia-Pacific Countries on March 8, 2018. The aim of the CPTPP is to boost international trade and investment in the Asia-Pacific region. Prior to the entry into force of the CPTPP, the U.S. withdrew from the TPP agreement in early 2017. In spite of this, the CPTPP nevertheless portrays a critical advance toward deeper trade and investment linkages in the Asia-Pacific region and also projects new and exclusive features for regional trade. This article provides a detailed and comprehensive analysis of the new pact and demonstrates how the CPTPP codifies many changes and clarifications made to investment law over the last years. Importantly, the normative quality and geographic scope of the CPTPP places the agreement amongst the most detailed and impo
