CPTPP ministers welcome US-Iran deal, urge safe passage through Strait of Hormuz

Ministers from the CPTPP trade bloc have welcomed a United States-Iran peace deal. The breakthrough carries real weight for the Strait of Hormuz—one of the world's busiest shipping lanes, vital to roughly one-third of global maritime trade. The ministers also outlined plans to expand the partnership and strengthen supply chains. According to Channel NewsAsia, the diplomatic progress signals growing alignment between trade and regional stability.

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