Tuesday, June 22, 2021

Boosting Britain's trade with the pacific nations

Today the UK government launched negotiations to join the CPTPP free-trade partnership  - this stands for  "Comprehensive and Progressive Agreement for Trans-Pacific Partnership" and it is a high standards free trade area, which will open up new opportunities for British businesses in the world’s fastest growing markets.

  • As a sovereign trading nation, Britain is striking out in to the world, grasping new opportunities through new free trade agreements with our friends and allies around the world. 
     
  • That is why the UK is today starting negotiations to join the CPTPP free-trade partnership, a free trade area spanning some of the world’s largest and fastest growing economies. Joining this £9 trillion free-trading area would open new markets for services, remove tariffs on British goods, and allow UK farmers to access these growing markets - where demand for their products is soaring.
     
  • By boosting links with some of the world’s biggest current and future economies, we can use the power of free trade to build back better and level up opportunity across every part of the country.

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