Costa Rica Invited to Join CPTPP
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has invited Costa Rica to join the pact, Canada said in a statement released Nov. 30. At the eighth CPTPP Commission meeting in Vancouver, the commission agreed to begin the accession…
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process, originally requested by Costa Rica in 2022, noting the Central American country's "history as a supporter of the rules-based trading system, its experience with high-standard trade and investment rules, and [its] affirmation of its intention to comply with the obligations of the CPTPP." The accession process begins with the formation of an Accession Working Group, which will establish a timeline for Costa Rica's membership.