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MOOC: Trade and policy: international tensions influencing businesses
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The UK is a member of the CPTPP although not located in Asia-Pacific
China became a member of CPTPP in 2021 because it fulfilled the requirements e.g. on labour protection
Provisions on labour and environment protection are included both in the CPTPP and RCEP
The Regional Comprehensive Economic Partnership (RCEP) is the world’s largest FTA
The CPTPP is a “megadeal” FTA originally signed by 15 Asia-Pacific countries
FTAs may serve as an institutional push for partner countries to support responsible business
Trade policy and sustainable development is a timely topic because FTAs are becoming less comprehensive
The EU’s ‘new generation’ FTAs with Asian countries include sustainable development issues which refer to the protection of corporations
Trade liberalization has only positive effects on sustainable development
China and the EU have had trade disputes