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Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

29 November 2024

Proposing MP
Lothian East
Type
Written Ministerial Statement
Department
Department for Business and Trade

At a Glance

Issue Summary

The statement discusses the initiation of the CPTPP accession process with Costa Rica and updates on the General Review of the agreement.

Action Requested

The Department for Business and Trade will launch an 8-week public engagement period to gather views on Costa Rica's potential accession, closing on January 24, 2025. The first Accession Working Group meeting is expected in the first half of 2025 during Australia’s year as CPTPP Chair.

Key Facts

  • CPTPP Ministers formally decided to commence the accession process with Costa Rica.
  • An Accession Working Group will be established for Costa Rica.
  • The public engagement period on Costa Rica's accession runs from November 30, 2024 to January 24, 2025.
  • CPTPP Ministers welcomed the impending Entry into Force of the agreement for the UK on December 15, 2024.
Assessment & feedback
Summary accuracy