TOKYO (Bloomberg): Member nations of a Pacific regional trade deal agreed on Wednesday (June 2) to allow the UK to begin the process to join, Japan’s economy minister said, in a potential boost for the country’s trade following Brexit.
By Reuters Staff
2 Min Read
Japan s Economy Minister Yasutoshi Nishimura attends a news conference at Prime Minister Shinzo Abe s official residence in Tokyo, Japan September 11, 2019. REUTERS/Issei Kato
TOKYO (Reuters) - Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said.
Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an online meeting of ministers from the 11 countries that make up the trans-Pacific trade pact.
“I think there’s a big meaning to this from a strategic viewpoint of strengthening economic relations between Japan and the United Kingdom,” Nishimura said.
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