UK Joins Trans-Pacific Partnership to Boost International Trade
TL;DR Summary
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.
- UK strikes agreement to join Asia-Pacific trade bloc Financial Times
- UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership CNN
- U.K. Joins Trans-Pacific Partnership as It Seeks to Diversify International Commerce The Wall Street Journal
- Britain agrees to join trans-Pacific trade pact Reuters
- UK-Asia trade deal to boost UK economy by 0.08% BBC
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