Defence Monitor

trans-Pacific trade pact

UK agrees to join trans-Pacific trade pact

UK agrees to join trans-Pacific trade pact

London, March 31 (IANS) The UK has decided to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Prime Minister Rishi Sunak announced on Friday. This is its biggest trade deal since Brexit following 21 months of negotiations, reports Xinhua news agency. The UK will be the first new member since the creation of the CPTPP in 2018, and the first European country in the bloc. "Joining the CPTPP trade bloc puts the UK at the center of a dynamic and growing group of Pacific economies," said Sunak. "British businesses will now enjoy unparalleled access to markets from Europe to…
Read More