Predicted 0.08% boost from UK-Asia trade deal could be overestimate
Trade department used different approach to estimating economic boost which ‘generates larger estimate GDP impacts’
Stay updated with breaking news from Sam Lowe. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Trade department used different approach to estimating economic boost which ‘generates larger estimate GDP impacts’
[Voice of Hope April 2, 2023](comprehensive report by our reporter Tang Zhongbao) The UK has recently been approved to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This is the first time a new member has joined the agreement since it came into effect at the end of 2018, and it is also…
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership is a free trade pact based around the Pacific rim. Britain will become the 12th member, and the first to join since the partnership since its inception.
UK seeks influence in a region increasingly dominated by China.
Britain on Friday agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade pact based around the Pacific rim, as it seeks to build ties around the world after leaving the European Union.