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Australia to Carry On Work With TPP Nations Despite US Withdrawal

© AFP 2021 / MICHAEL BRADLEYAndrew Robb (C) the Minister for Trade and Investment from Australia watched by New Zealand Prime Minister John Key as he and the Ministerial Representatives from the 12 countries arrive to sign the Trans-Pacific Partnership agreement in Auckland on February 4, 2016
Andrew Robb (C) the Minister for Trade and Investment from Australia watched by New Zealand Prime Minister John Key as he and the Ministerial Representatives from the 12 countries arrive to sign the Trans-Pacific Partnership agreement in Auckland on February 4, 2016 - Sputnik International
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Australia’s Minister of Foreign Affairs Julie Bishop said that Australia remains supportive of the principles that underpinned the TPP agreement despite the US withdrawal.

MOSCOW (Sputnik) — Australia remains supportive of the Trans-Pacific Partnership (TPP) agreement despite the US withdrawal, and will continue to work with its partner nations in an effort to ratify the trade deal for everyone’s benefit, Australia’s Minister of Foreign Affairs Julie Bishop said Friday.

"Australia remains supportive of the principles that underpinned the TPP and we are working with the other nations, apart from the United States, to realise these benefits by ratifying the agreement," Bishop was quoted as saying by The Daily Telegraph.

President Donald Trump waves as he arrives on Air Force One at Philadelphia International Airport - Sputnik International
Trump Says US to Negotiate Bilateral Trade Deals After Exit From TPP
Believing in the TPP's potential to "delivery mutual benefits," Australia has entered into free trade negotiations with the United States and 10 other partners, Bishop added.

On Monday, US President Donald Trump signed an executive order which withdrew the United States from the TPP. The countries still part of the agreement are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

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