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South Korea Won’t Join CPTPP During Lee’s Term

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Story summary
  • President Lee Jae Myung announced South Korea will not join the CPTPP during his term.
  • He noted that accession requires consent from all twelve CPTPP members.
  • Lee’s term ends in June 2030, limiting the window for any application.
  • Earlier this month he told ministers to halt CPTPP pursuit, citing farmer impact.
  • He made the remarks at a Seoul meeting with farmers, fishermen and forestry workers.