UK Takes Major Step Towards Joining Indo-pacific Trade Bloc

The Caithness Business Index has posted the following article:

UK Takes Major Step Towards Joining Indo-pacific Trade Bloc

[IMG][/IMG]

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership Act receives Royal Assent. UK poised to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group later this year as the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act receives Royal Assent Business and Trade Secretary Kemi Badenoch signed the accession treaty for Indo-Pacific bloc last July following two years of negotiations With the UK as a member CPTPP will account for 15% of global GDP - worth £12 trillion in 2022 The UK is today [20 March] one step closer to joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) later this year, as the new Trade (CPTPP) Act received Royal Assent. [Read Full Article]