Trade
Taiwan Says Trade Pact Bid on Track After Australia Comment
- Australian PM indicated CPTPP is only open to nation states
- MOFA says Australia has since clarified its comments on issue
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Taiwan said its bid to join one of Asia’s biggest trade pacts remained on track, after Australian Prime Minister Anthony Albanese indicated that the accord was only open to recognized nation states.
Albanese’s remarks at the Asia Pacific Economic Cooperation summit in Bangkok on Friday caused a stir and prompted Taiwan to seek clarification. Taiwan, China and the UK are among economies that have expressed interest in joining the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership, known as the CPTPP.