Pacific trade deal back on track

Japan, Canada and nine other Pacific Rim nations will sign a revised trade deal in March. The CPTPP* will create a market of 500 million people, with a combined gross domestic product of US$10 trillion 

*Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

President Donald Trump pulled U.S. out of Obama-era TPP agreement in 2017


$10,155.9bn
GDP OF CPTPP COUNTRIES 2016 ($ billions)

JAPAN 4,940.2

VIETNAM 205.3

MALAYSIA 296.5

BRUNEI 11.4

SINGAPORE 297.0 

AUSTRALIA 1,204.6

NEW ZEALAND 185.0

CANADA 1,529.8

UNITED STATES

MEXICO 1,046.9

PERU 192.2

CHILE 247.0


Source: The Observatory of Economic Complexity, MIT Media Lab © GRAPHIC NEWS