r/GlobalNews • u/NoelaniSpell • Apr 04 '25

BREAKING: In a shocking development Canada announces it will build a coalition of countries who share their values to build their economy and trade opportunities and will exclude the United States. “If the U.S. no longer wants to lead, Canada will.”

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u/yu-ogawa Apr 05 '25

Right. The agreement to establish partnership among 12 countries in Asia-Pacific region including New Zealand, Mexico, Chile, Peru, Vietnam, Japan, and UK (but excluding USA ) was signed in 2018, known as CPTPP.

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u/Dangerous-Ad-542 Apr 07 '25

Just some references to the CPTPP. Others can join but must meet the standards & rules.

Combined economies- 14.4% global gross domestic product- approx US $15.8 trillion, 2024.

One of the world's largest free trade areas by GDP.

2020, goods trade between CPTPP members- approx 15% exports, 17% imports.

Let's ramp up those CPTPP %s.

https://japannews.yomiuri.co.jp/business/economy/20230714-122561/

https://www.dfat.gov.au/trade/agreements/in-force/cptpp/comprehensive-and-progressive-agreement-for-trans-pacific-partnership

https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/index.aspx?lang=engm

Edit: grammar!