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Argentina seeks to join Trans-Pacific Partnership treaty

Created at 2 Jun · 7:47 PM3 sources↑ Market-relevant2 events
IN SHORT

Argentina's Foreign Minister announced the country's intention to join the CPTPP, a free trade accord among 12 countries. The application will be presented in Paris on Wednesday.

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Key Numbers

12countries in CPTPP
2018CPTPP established year

Who's Involved

Pablo Quirno
Argentine Foreign Minister announcing the CPTPP application

↳ Why This Matters

Argentina's pursuit of CPTPP membership signals a strategic shift towards deepening economic engagement with the Asia-Pacific region, potentially impacting global trade flows and its existing trade relationships.

Key facts

  • Argentina intends to join the CPTPP.
  • Argentina will present its application on Wednesday in Paris.
  • The CPTPP is a free trade accord among 12 countries.
  • Argentina's plans follow its backing for other trade deals, including with the US and Mercosur-EU.

Argentina's Foreign Minister, Pablo Quirno, announced that the country intends to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and will present its application on Wednesday in Paris. The CPTPP is a free trade accord among 12 countries, originally established in 2018 among Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Britain joined in 2024, and China also hopes to join. Argentina's plans to join the pact follow its backing for other trade deals in recent months, including a reciprocal trade and investment agreement with the United States and the Mercosur-European Union agreement. Quirno stated that Argentina will continue to make rapid progress on these agreements.

Frequently asked questions

The CPTPP, or Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is a free trade agreement among 12 countries, including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the UK.

Argentina plans to present its application on Wednesday.

Argentina backs agreements with the United States and the Mercosur-European Union.

What Happens Next

01Argentina will present its application to join the CPTPP on Wednesday in Paris.

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Cadence

How It Developed

2 Jun · 7:40 PM
Argentina's Foreign Minister Pablo Quirno announced the country's intention to join the CPTPP, with the application to be submitted on Wednesday in Paris.
Reuters via PiQSuite
2 Jun · 7:40 PM
Argentina plans to apply to join the Trans-Pacific Partnership trade agreement, with its application to be presented in Paris on Wednesday.
PiQSuite

Sources

T1
Argentina seeks to join Trans-Pacific Partnership treaty, minister saysm.piqsuite.com
T1
Argentina seeks to join Trans-Pacific Partnership treaty, minister saysm.piqsuite.com
T1
Argentina seeks to join Trans-Pacific Partnership treaty, minister saysm.piqsuite.com

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