UK on track to join Pacific trade pact.

Britain is expected to soon reach a broad agreement with the 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes Japan and Australia, as it seeks to join the trade pact as part of its post-Brexit pivot towards geographically distant but fast-growing economies, especially in the Indo-Pacific. The aim is to further cut tariffs on goods and reduce barriers to services and digital trade. Discussions are set to be held later this week, with an update expected at the "earliest possible opportunity".