The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a trade agreement among eleven countries in the Asia-Pacific region, aimed at promoting economic integration and cooperation. It emerged from the original Trans-Pacific Partnership, which was designed to reduce tariffs, enhance trade and investment, and establish common standards in various areas such as labor and the environment. The agreement is significant for its potential to reshape trade dynamics in the region and strengthen economic ties among member countries.
congrats on reading the definition of CPTPP. now let's actually learn it.