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Do CPTPP-Style Digital Trade Rules Add New Value? (CSIS)

2021-10-15 125

Do CPTPP-Style Digital Trade Rules Add New Value?

 

 

 

 

 

October 14, 2021

Kati Suominen

 

 

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) among 11 countriesAustralia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnambroke new ground addressing digital trade issues via a comprehensive e-commerce chapter. What is the value of that chapter in terms of trade and digital trade?

 

Little is known to date about the impact of the CPTPP in general, and its e-commerce chapter in particular, on trade, investment, and e-commerce in the CPTPP region. This, of course, is not surprisingthe agreement is not even three years old. However, learning about the CPTPP’s value added, and especially the value added of its e-commerce provisions, is hugely relevant, both for CPTPP members and the many countries that have inked trade deals with comprehensive digital trade chapters in recent years, such as the United States with Mexico and Canada, Singapore with Australia, and Chile with Uruguay and Brazil, respectively.

 

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