How The CPTPP Could Widen Inequality
On 8 March 2018 in Santiago, Chile, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was formally signed. The trade agreement was signed by 11 countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam – making it the third largest free trade area in the world by gross domestic product (GDP) after the North American Free Trade Agreement (NAFTA) and European Single Market.