New Zealand Trade Minister David Parker urged the world to stand up to defend rules-based trade system. And he added that “none of us can beat globalization”
He noted that “what’s happening in the world worries me. But the world is already developing alternatives like CPTPP”.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also known as TPP-11, was an advanced version of the Trans-Pacific Partnership (TPP) that was signed in March. The US was originally in the TPP but Trump pulled out of it immediately after taking office.
