Premier William Lai says he hopes Taiwan can join the second round of talks for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also known as TPP11.
After the US pulled out of the Trans-Pacific Partnership, Japan led the remaining 11 members in negotiations for the CPTPP in March. The other countries are Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
During a TV interview on Sunday, Premier Lai said he hopes Taiwan’s domestic market can be the foundation of the nation’s economic development. He also said that the CPTPP is very important for Taiwan’s economic ties to the global economy. He said the government is preparing to participate and hopes that Taiwan can be a part of the second round of negotiations.