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UK Joins Trans-Pacific Partnership to Boost International Trade

1 min read
Source: Financial Times
TL;DR

The UK has agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade bloc of 11 countries in the Asia-Pacific region. The agreement will reduce tariffs on UK exports such as whisky and cars, and increase access to markets including Canada, Japan, and Australia. The move is seen as a step towards the UK's goal of forging closer economic partnerships with countries outside of the EU.

Topics:worldtrade#agreement#asia-pacific#economic-partnership#trade#trade-bloc#uk
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  1. UK strikes agreement to join Asia-Pacific trade bloc  Financial Times
  2. UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership  CNN
  3. U.K. Joins Trans-Pacific Partnership as It Seeks to Diversify International Commerce  The Wall Street Journal
  4. Britain agrees to join trans-Pacific trade pact  Reuters
  5. UK-Asia trade deal to boost UK economy by 0.08%  BBC

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