ISDS Case Map
CPTPP
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
A Mexican law that nationalizes its future lithium industry violates its trade obligations under the CPTPP, the International Chamber of Commerce said.
The new legal framework for intellectual property rights will meet the standards set out in the CPTPP free trade agreement, and is expected to help in the country's negotiations to join the 11-member trade bloc.
South Korea decided to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid heightened economic uncertainty.
The Indo-Pacific Economic Framework seeks to establish trade rules and is widely seen as an effort by the US to counter China’s influence in the Asia-Pacific region.
Hundreds of South Korean farmers and fishers protested in the country’s financial and political center, Yeouido, demanding the government reconsider its intention to enter into yet another free trade agreement.
It remains unclear as to whether the agreement will be legally binding, whether it will contain dispute resolution mechanisms, and whether it will be an ‘all in’ agreement or allow parties to choose what they sign up to.
A coalition of farmers and fishermen are against the government's move to join a trade agreement with 11 countries in the trans-Pacific area, saying their livelihoods will be threatened greatly if Korea opens its market to global sellers of cheaper agricultural and marine products.
Los sectores de agricultura y pesca se opusieron firmemente a la medida, y docenas de agricultores y pescadores enojados realizaron una protesta en la sede de la audiencia pública.
South Korea’s application for the CPTPP membership is likely to become possible in June, two months behind schedule, amid opposition from farmers and fishermen and the government's transition period.
New trigger mechanism keeps US beef on level playing field with other CPTPP countries as beef exports continue to rise.
