The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) among 11 countries―Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam―broke 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 surprising―the 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.