While stopping short of confirming a final accord, ministers affirmed on November 10 that they have reached consensus on its “core elements,” following months of technical work and negotiations. The process kicked off earlier this year after the Asia-Pacific coalition agreed to find a path for bringing the deal into force after U.S. President Donald Trump withdrew his country within days of taking office.

 

The 11 remaining TPP members have also rebranded the accord as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), explaining that this version is meant to keep the original TPP’s “high standards, overall balance, and integrity… while ensuring the commercial and other interests of all participants and preserving our inherent right to regulate, including the flexibility of the parties to set legislative and regulatory priorities.”

 

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