An Australian parliamentary body has called for Taiwan to join the Trans-Pacific Partnership over China, issuing an ultimatum to the communist regime to end coercive trade measures and re-establish engagement with Australia before it can enter the trade bloc. Ted O’Brien, chair of the trade subcommittee of the Joint Standing Committee on Foreign Affairs, Defence, and Trade, said Australia supported the expansion of the 11-nation Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) to include Taiwan, South Korea, and the United Kingdom. “Only aspiring economies that support an open, transparent and stable trading environment, and those that demonstrate an ability and willingness to meet the agreement’s high standards should be considered,” O’Brien said in a statement announcing that the committee had concluded its inquiry and was tabling its formal report to Parliament for the government to legislate on. “The UK was the first to apply to join the CPTPP, and the process it’s …
Australian Parliament Committee Formally Backs Taiwan Over China for Pacific Trade Pact
February 14, 2022
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Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyChina-Australia RelationsComprehensive and Progressive Agreement for Trans-Pacific PartnershipCPTPPeconomyInternationalInternational RelationsTed O'BrienTony AbbottUKWorld
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