AreaCanada

Commodity GroupGrains

CommodityAll

Date30/12/2018

Policy CategoryTrade

Policy InstrumentTrade agreement

DescriptionThe Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force. As well as Canada, the agreement covers Australia, Japan, Mexico, New Zealand and Singapore. As the world's third largest trade agreement in GDP terms, the CPTPP includes multiple provisions covering trade, investment and intellectual property, as well as substantial improvements to market access policy (reduction or elimination of tariffs, opening of tariff quota access, etc.).