UK to join Pacific trade bloc in major post-Brexit pact

Joining the pact: the UK will sign up to the CPTPP in Auckland this weekend, formally becoming the first new member since the framework came into force. (Image: Getty)

Bloomberg

Tue, 11 Jul 2023

By Ellen Milligan and Brendan Murray The UK will join an 11-nation Indo-Pacific free-trade bloc, becoming the first new member since its creation, in a bid to strengthen economic ties with new partners following divorce from the European Union. Prime minister Rishi Sunak’s government sees membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes New Zealand, Australia, Japan, Canada, Brunei, Chile, Malaysia, Mexico, Peru, Singapore and Vietnam as a boost for economic growth and ge...

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