The Comprehensive and Progressive Agreement for Trans-Pacific Partnership was signed in Santiago, Chile, in 2018.
Representatives of 11 countries signed the agreement on 8 March 2018 in Santiago. The CPTPP developed from the Trans-Pacific Partnership after the United States withdrew from the original agreement in 2017. The remaining participants revised and suspended a limited number of provisions before signing the new pact.
The agreement covers tariffs, services, investment, intellectual property, labor, environmental commitments and other trade rules. It entered into force on 30 December 2018 for the first group of ratifying countries. The pact later expanded when the United Kingdom joined in 2024.
Auckland, Tokyo and Singapore are plausible alternatives because they are capitals of CPTPP members and important Asia-Pacific trade centers. However, the signing ceremony was held in Santiago. The agreement’s name also matters: CPTPP is not simply the original TPP, although it preserves much of that agreement’s structure.