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9/22, 4:41 PM (Source: TeleTrader)
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Taiwan applies to join CPTPP

The Taiwanese government announced on Wednesday it has submitted a formal application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

"Applying to join the CPTPP is an important economic and trade policy that the government has worked hard to promote for a long time," the governing body's spokesperson Lo Ping-cheng stated.

The news comes less than a week after China, which claims sovereignty over Taiwan, applied for membership in the CPTPP.

Breaking the News / JR