MONTERREY (REUTERS) - Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic, they said in a joint statement published on Wednesday (Aug 5).. Read more at straitstimes.com.
MONTERREY - Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic, they said in a joint statement published on Wednesday .
The 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership , comprises Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The members also pledged to"facilitate the flow of essential goods and services during the pandemic, including medical supplies and equipment.""We strongly believe that given the current circumstances, it is more important than ever to counter protectionism," the statement said.
"As a regional trade agreement, the CPTPP plays an important role in strengthening the region's connectivity and making supply chains more resilient and less vulnerable to shocks.
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