Comprehensive and Progressive Trans-Pacific Partnership (CPTPP)
I'm delighted that negotiations have been completed to accede the UK to join the CPTPP, deepening our access to some of the world's fastest-growing economies. The free trade area currently includes major countries such as Japan, Canada, Australia, Singapore and New Zealand, as well as emerging markets such as Mexico, Malaysia and Vietnam.
The UK’s membership of the CPTPP will add another like-minded partner and strong voice to this powerful alliance, taking the trade bloc’s GDP to £11 trillion. It will give UK businesses tariff-free access on over 99 per cent of goods to a market of around 500 million customers. Read more on this here.
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