CPTPP gains downgraded after US withdrawalPOOL Trade ministers and delegates from the remaining members of the Trans Pacific Partnership (TPP) attend the TPP Ministerial Meeting during the APEC 2017 in Da Nang, Vietnam. CPTPP critic Jane Kelsey has argued these gains are minuscule compared to risks involved with signing up to the agreement. The CPTPP countries represent around 13.5 per cent of the world's total GDP. New Zealand currently exports $5.5b in goods and services to the four CPTPP countries we do not yet have a free trade agreement with - Japan, Canada, Mexico, and Peru. New Zealand has included ISDS provisions in other agreements but a claim has never been made against the country.

Source: Stuff February 21, 2018 00:00 UTC