Q10. Consider the following statements.
1. The Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTAPP) was signed at Santiago, Chile.
2. Australia and New Zealand are both the members of CPATPP and proposed Regional Comprehensive Economic Partnership.
3. USA and Canada are excluded from the recently signed CPATPP.
Which of the above statement(s) is/are correct?
Q10. Consider the following statements.
1. The Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTAPP) was signed at Santiago, Chile.
2. Australia and New Zealand are both the members of CPATPP and proposed Regional Comprehensive Economic Partnership.
3. USA and Canada are excluded from the recently signed CPATPP.
Which of the above statement(s) is/are correct?
The correct option is A (a) Only 1 and 2
RCEP seeks to cover China, Japan, India, and South Korea, Australia and New Zealand and Asian countries. Seven of them are also CPTPP members, namely Australia, Brunei, Japan, Malaysia, Singapore, New Zealand and Vietnam.
The CPTPP, also known as TPP-11, was negotiated by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
(a) Only 1 and 2
RCEP seeks to cover China, Japan, India, and South Korea, Australia and New Zealand and Asian countries. Seven of them are also CPTPP members, namely Australia, Brunei, Japan, Malaysia, Singapore, New Zealand and Vietnam.
The CPTPP, also known as TPP-11, was negotiated by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
