China Application to CPTPP Flashcards
Background, dates
-The comprehensive and progressive agreement for Trans-Pacific Partnership (CPTPP) is a multilateral free-trade agreement signed by eleven Asia-Pacific states, including Australia, in 2018
-China officially applied to become a member of the CPTPP in September 2021
-Any accession of new members requires the agreement of all existing party-states
-Australia declined the application of China
Relevant FPI, power
-Hard power
-Trade FPI
-Economic/ political power
Pragmatism/idealism
-It also ties into pragmatism, seeing as China had sanctions on Australian goods at the time (see quote)
Pragmatism quote
An Australian trade official commented on May 2023 that “it would be impossible for the Australian government to publicly support the Chinese membership when trade sanctions were in place”.