Yesterday, in New Zealand, Business and Trade Secretary Kemi Badenoch formally signed the CPTPP agreement for the UK, confirming the UK has joined the group.
The CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), the free trade agreement between the UK and 11 other nations in the Indo-Pacific region will allow tariff-free trading. According to the Department for Business and Trade, UK exports of manufactured goods to CPTPP could increase by over £1bn. Here, Marco Forgione, Director General of the…
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