Prime Minister announces deal to join CPTPP – a huge trade bloc in the Indo-Pacific which will now have a total GDP of £11 trillion.

  • Prime Minister announces deal to join CPTPP – a huge trade bloc in the Indo-Pacific which will now have a total GDP of £11 trillion
  • Joining the dynamic Trans-Pacific partnership will cut tariffs on exports for UK industries including food, drink and cars and offer new advantages for business 
  • After 21 months of negotiations, this is the UK’s biggest trade deal since Brexit and becomes first European country to join CPTPP

The UK will join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a vast free trade area of 11 countries spanning the Indo-Pacific, the Prime Minister has announced today [Friday 31March].

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