ASEAN Articles

Daniel Walder Daniel Walder

UK to join CPTPP by 15 December

The UK has secured the sixth and final ratification required to trigger our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before the end of this year. CPTPP is a free trade area spanning five continents and almost 600 million people once the UK joins. Following Peru’s ratification of our deal to join the bloc, the agreement will now officially...

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Daniel Walder Daniel Walder

Businesses set to benefit as UK concludes tax agreement with Peru and ratifies deal to join major Indo-Pacific trade bloc

Joining CPTPP – which will account for 15% of global GDP with the UK included – means over 99% of current UK goods exports to CPTPP members will be eligible for tariff-free trade. Encompassing 500 million consumers in some of the world’s largest current and future economies, the potential for increased trade is huge.

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