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The European Union supports Prime Minister Mark Carney’s efforts to help “broker a bridge” with the Indo-Pacific bloc, a senior EU foreign policy official said Friday, but that can happen without it joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). (The Logic)
Talking point: Canada is spearheading talks between the EU and the 12 countries in the CPTPP, which excludes the U.S. “It’s the opportunity to have a rules-based trading bloc of 1.5 billion people with complementary economies,” Carney said Feb. 17. The U.K. officially joined the CPTPP in 2024, but Belén Martínez Carbonell, secretary-general of the European External Action Service, said the EU would not “fully become a member.” The EU has bilateral deals with nine countries in the CPTPP, including Canada, and is in talks with two. Martinez Carbonell framed the bridging efforts as being about “how to make all these connections work better” while remaining compatible with the World Trade Organization.
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