“We are honored to become the CPTPP’s first new member and to join this extraordinary community of now 12 economies spanning Asia, the Pacific and now Europe,” said British Trade Minister Kemi Badenoch. It also includes New Zealand, Australia, Brunei, Canada, Chile, Malaysia, Mexico, Peru, Singapore and Vietnam. It is the first new member to join the bloc, called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). ![]() For Britain, it represents the largest trade deal it has struck since leaving the European Union more than three years ago.īritain first announced in March it had reached an agreement to join the bloc, which was created in 2018, after more than two years of negotiations. ![]() The trade bloc covers more than 500 million people and 15% of the world’s economy. WELLINGTON, New Zealand (AP) - Britain on Sunday officially joined an Asia-Pacific trade group that includes Japan and 10 other nations during a meeting in New Zealand.
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