UK agrees to join trans-pacific trade pact
The UK has reached an agreement to join a major trans-Pacific trade pact, in the country’s biggest trade deal since Brexit.
Prime Minister Rishi Sunak announced on Friday accession to the Comprehensive and Progressive Agreement on the Trans-Pacific Partnership (CPTPP), making Britain the first new member since the bloc’s creation in 2018 and also the first European country in the grouping. commercial.
“Joining the CPTPP trade bloc places the UK at the center of a dynamic and growing group of Pacific economies,” Sunak said in a statement, adding that the deal demonstrated “the real economic benefits of our post-Brexit freedoms”.
Source: DW
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