CPTPP trade and investment pact ratified in time for double round of tariff cuts

Tue, 30 Oct 2018

By Paul McBeth Oct. 31 (BusinessDesk) - The Comprehensive and Progressive Trans-Pacific Partnership trade and investment pact will come into effect next month after Australia's ratification pushed the deal across the minimum acceptance threshold. The deal has been ratified by New Zealand, Australia, Canada, Mexico, Japan and Singapore. Australia's confirmation started the 60-day countdown for the first round of tariff cuts now scheduled to come into effect from Dec. 30. "The timing means there will be the added bonus of a second roun...

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