Opening a sample CPTPP agreement

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Free Trade Agreements or FTAs ​​that every country has in the world An opportunity was given to participating countries to negotiate. And if you see that you are not ready to negotiate on any issue? Can negotiate for flexibility on that issue. To build immunity for yourself To be able to adapt and ready to liberalize in the next period And the same is true of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP). that has this principle in the agreement Negotiations between 11 CPTPP member countries, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, have been held in the past. Until it comes into effect has adhered to this principle which each member country There are different requests for flexibility. The Department of International Trade Negotiations has summarized examples of flexibility that have occurred within the CPTPP agreement and found that there are many. including trade in goods, technical barriers to trade, services, investment and finance, government procurement, state enterprises, and intellectual property. Especially the issue of the Convention on the Protection of New Plant Varieties or UPOV 1991, which all 11 member countries have asked for a handicap. Now let's look at each area and what flexibility members are asking for. Starting from the merchandise trade side On the issue of opening the market All countries asked for flexibility in reducing tariffs on certain products from a minimum of 4 years to a maximum of 21 years, except Singapore.

Chile, Mexico, Peru and Vietnam request that investors may not submit A lawsuit can be filed through ISDS if the investor has already filed a lawsuit in the local court of each of the above countries. Considered final, New Zealand requests an exemption from the use of ISDS with Australia, Peru, and asks Vietnam, Malaysia, and Brunei to have a process for requesting permission (Prior Consent) from New Zealand before using ISDS with New Zealand. 5ec62c34879ff Mechanism for automatic extension of benefits to member countries If the internal law is amended to be more liberal (Ratchet), Vietnam requests a Transition Period for enforcing Ratchet Telegram Number Data rules for 3 years. Land expropriation. Singapore and Vietnam Ask for flexibility in enforcing land expropriation laws. In the case of land expropriation that requires compensation to investors in accordance with national law. Money Transfer Measures Chile reserves the right of the Central Bank of Chile to control and limit money transfers into and out of the country. In order to maintain the country's economic stability, the CPTPP agreement also allows members to take measures that are inconsistent with their commitments, such as prohibiting technology transfer as a condition for granting investment permission to members.



Brunei requires service providers in agriculture, fisheries and construct Must transfer technology to Brunei; Malaysia requires technology transfer as a condition for operating a specialized retail store; Malaysia establishes conditions for health services of other members to establish offices in Malaysia; and Vietnam establishes conditions for accounting services. of other members Must establish an office in Vietnam. As for financial issues All member countries have created exemptions to financial obligations. Brunei, for example, requires financial services to be incorporated in Brunei. and insurance company representatives Must be a Bruneian person only or Vietnamese. Designated by the director. Deputy Director Branch Director of banks and other financial services (other than insurance services) must be a resident of Vietnam. Government procurement An adjustment period is requested in determining the minimum value. To open the government procurement market (See accompanying table.)