Business Perspectives on the

To mitigate these challenges, more investment is needed to simplify the administrative burden and reduce the risk of non-compliance, although we acknowledge and welcome the existing online resources already provided by CPTPP members, for example the “tariff finder” tools of Canada and New Zealand, or the FTA Portal and SME landing page of Australia, as mandated in the groundbreaking SME Chapter of. [...] Review and Update - “Advances in Digital, Sustainability and Inclusion need to be reflected.” To remain relevant, we agree with the Ministers’ statement at the last CPTPP Commission meeting that the CPTPP should be “dynamic and living,” and that the Agreement should demonstrate leadership in emerging issues in areas such as the digital and green economy. [...] Beyond strengthening the existing activities and committees of the CPTPP, the Agreement must be modernised to include new and emerging developments pertaining to digital transformation, sustainability, and inclusion. [...] This centrality is reflected in the emergence of a suite of digital-only trade agreements among various CPTPP members since the Agreement was signed, such as the Digital Economy Partnership Agreement, the Singapore-Australia Digital Economy Agreement and others, including the prospective ASEAN Digital Economy Framework Agreement. [...] Knowledge exchange to report the status of implementation and outreach to communicate the benefits of the Agreement to the broader business sectors of CPTPP economies will also be essential to realizing widespread and effective utilisation of the CPTPP.