On October 26, 2018, the Office of the US Trade Representative (USTR) published in the Federal Register a request for comments and notice of public hearing on negotiating objectives for a proposed US-Japan Trade Agreement (announced on October 16, 2018) including US interests and priorities, in order to develop US negotiating positions. You can provide comments in writing and orally at a public hearing. Our aim in negotiations with Japan is to address both tariff and non-tariff barriers and to achieve fairer, more balanced trade.
On 25 October 2018, New Zealand formally ratified the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) bringing the number of ratifications to four. Canada cleared its last legislative hurdle when the Senate approved it on October 25 and Royal Assent was given the same day. Canada became the fifth to ratify when it notified New Zealand of its ratification on October 29, 2018. The Australian House and Senate also approved it and sent it to the Governor General who has given Royal Assent.
On October 26, 2018, the Office of the US Trade Representative (USTR) published in the Federal Register a request for comments and notice of public hearing on negotiating objectives for a proposed US-Japan Trade Agreement (announced on October 16, 2018) including US interests and priorities, in order to develop US negotiating positions. You can provide comments in writing and orally at a public hearing. Our aim in negotiations with Japan is to address both tariff and non-tariff barriers and to achieve fairer, more balanced trade.
The Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) is moving forward and has gained momentum recently as Japan, Singapore and Mexico have ratified the 11-party agreement and Australia’s ratification is imminent because the deal recently passed both Houses of Parliament. Canada is closing in on ratification as well.
On October 16, 2018, the Office of the US Trade Representative (USTR) announced that, at the direction of the President, USTR Robert Lighthizer notified Congress that the Trump Administration intends to negotiate three separate trade agreements with Japan, the European Union and the United Kingdom.
President Trump and Prime Minister Abe of Japan announced today (September 26, 2018) that they had agreed to launch negotiations for an expansive free trade agreement.
With the ratification of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) by Mexico, Japan and Singapore, and the expectation that other parties will follow, we anticipate the agreement will enter into force by early next year. Although the CPTPP differs from the Trans-Pacific Partnership (TPP) due to the suspension of 22 provisions, most chapters of the new agreement remain untouched. One of those is Chapter 3: Rules of Origin and Origin Procedures. Certificate of Origin, CPTPP, verification, ASEAN, ATIGA, Form D, self-certification, trade, customs, prepare, free trade agreement
On 17 July 2018, the European Commission announced that the EU and Japan had signed the EU-Japan Economic Partnership Agreement (EPA) at the EU-Japan summit in Tokyo. The announcement said that the trade agreement is the biggest ever negotiated by the EU and will create an open trade zone covering over 600 million people. The announcement also said:
As the trade conflict between the United States and China continues, three free trade agreements are pressing ahead, including– the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), soon to enter into force, the Japan-EU Economic Partnership Agreement (JEEPA), recently signed and which represents 30% of global economic output, and the Regional Comprehensive Economic Partnership (RCEP), an agreement that includes both India and China and comprises the largest trading block in the region.
The Department for International Trade (DIT) announced that in a speech to business and civil society leaders hosted by the Federation of Small Businesses on 18 July 2018, International Trade Secretary Dr Liam Fox announced 4 public consultations ahead of post-Brexit trade negotiations.