Trade and Export Growth Minister, Damien O’Connor, today welcomed the United Kingdom’s intention to submit a formal request to accede to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). “The challenges facing the global trade and .
CPTPP: UK to ask to join free trade pact including Australia, Canada and Japan radioexe.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radioexe.co.uk Daily Mail and Mail on Sunday newspapers.
UK to join Asia-Pacific free trade pact CPTPP
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Last Updated: Jan 31, 2021, 09:15 AM IST
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Synopsis
Joining the CPTPP reflects the UK s post-Brexit Pacific tilt and is dubbed as a critical part of the Prime Minister Boris Johnson led government s wider trade strategy, which aims to deepen links with faster-growing parts of the world and partnering with countries who believe in free and fair trade, including India.
Agencies
The UK says its membership will complement the bilateral FTAs it has already concluded or is negotiating with nine of the CPTPP members, including Japan and Canada.
The UK government has announced that it is applying to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), one of the world s largest free-trade areas made up of 11 developed and emerging economies in the Pacific, under its post-Brexit plans.