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Potential Ag Trade Impact of China’s CPTPP Bid

Dan Exports/Imports, Trade

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
CPTPP

Many countries, including China, have expressed interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement. U.S. Meat Export Federation (USMEF) Senior Vice president for the Asia-Pacific, Joel Haggard, looks at what this means.

Potential Ag Trade Impact of China’s CPTPP Bid

Haggard noted that China is already the world’s largest meat importer, but beings the market still has enormous potential for growth, that country’s application for membership holds significant appeal for prospective suppliers.

The United Kingdom and Taiwan have also submitted formal applications to join CPTPP, and other countries expressing interest include South Korea, the Philippines, Thailand and Indonesia.