It was officially announced today that the United Kingdom signed the treaty enabling its inclusion into the prominent trans-Pacific trade group, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This development marks the addition of the first new participant into this significant pact since its establishment in 2018. As the doors open for the UK, the stage is now set for members to assess further applications, potentially from China and Taiwan.
The formalities took place during the meeting arranged by the commission for the CPTPP in New Zealand. Eminent representatives from the member nations are slated to have a meeting later on today. The agenda includes the discussion of how to pave the way forward for accepting new applications and an overview of the terms of the agreement itself.
Kemi Badenoch, the…
