Brunei ratifies trade deal (14.05.2023)
 Posted on : May 15, 2023, 11:54AM   27 total views  Category : Local News

BY James Kon

Brunei Darussalam has ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with access to 600 million population and combined gross domestic product (GDP) of USD13.5 trillion, the Ministry of Finance and Economy (MoFE) said.

 

The ministry statement said the Sultanate has notified New Zealand, the depository of CPTPP, on Saturday and the trade deal will enter into force in 60 days, becoming the country’s 10th free trade agreement (FTA).

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-- Courtesy of Borneo Bulletin

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