Both China and Taiwan applied to join the CPTPP in September; China has opposed Taiwan’s bid
China claims Taiwan as part of its state, even though Taiwan is self-governing and a member of the World Trade Organization in its own right, and has engaged in military intimidation of the island state.the CPTPP in September; China has opposed Taiwan’s bid. The pact includes Canada, Australia, Japan, Brunei, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
Jin-Ling Chen, director general of the Taipei Economic and Cultural Office in Toronto, said the Taiwanese-Canadian business community has been advocating for Canada to support Taiwan’s CPTPP bid since September. Taiwan is an export-oriented economy, she said, and a quarter of their total trade is with members of the CPTPP.
In 2020, Canada imported more than $5 billion in products from Taiwan, and exported around $1.7 billion to Taiwan. Taiwan is a big player in the semiconductor industry, making it an important trade partner for a wide variety of products including smartphones and cars. Meanwhile, Taiwan imports agricultural products, raw materials and cars from Canada, according to the Taipei Economic and Cultural Office.
Canada’s public support would significantly boost Taiwan’s chances of joining the CPTPP, Chen said in an interview before the event.Canada has not publicly supported either country’s bid to join the pact, but in early January, International Trade Minister Mary Ng
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