
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Multilateral free trade agreement

Multilateral free trade agreement
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), previously proposed as the TPP11 is a multilateral trade agreement that consists of twelve members states, spans over five continents and covers nearly 600 million people. The twelve members have combined economies representing 14.4% of global gross domestic product, at approximately US$15.8 trillion, making the CPTPP the world's fourth largest free trade area by GDP, behind the United States–Mexico–Canada Agreement, the European single market, and the Regional Comprehensive Economic Partnership. While originally only involving Pacific Rim countries, it has since evolved to also include outside countries.
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