TAIPEI (TVBS News) — As Canada chairs the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this year, it opens a window of opportunity for Taiwan's inclusion.
Vivian Lien, Director-General of the Department of International Cooperation and Economic Affairs at the Ministry of Foreign Affairs (MOFA), stated on Tuesday (March 26) that Taiwan has particularly strengthened its supply chain cooperation with Canada this year and will continue to hold "informal" consultations with member countries.
Lien emphasized that Taiwan's participation in the CPTPP could enhance the resilience of the supply chains of member countries and safeguard regional and global economic security. The CPTPP currently operates under the "Auckland Principles," which include high-standard trade regulations, a demonstrated pattern of trade commitment, and consensus among all members.
Currently, six new member countries, including Taiwan, have applied to join the CPTPP. The primary appeal is for the CPTPP member countries to promptly establish a working group for Taiwan's membership. Lien stated that all member countries have recognized Taiwan as an economy that meets high standards and has a good trade record. Japan and the United Kingdom have publicly expressed their welcome, while other member countries have indicated their welcome for new members who meet the principles.