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.

The UK Mission to ASEAN and the ASEAN Secretariat launched the ASEAN-UK Economic Integration Programme (EIP) in Jakarta to foster economic growth in the region.

The UK-ASEAN Business Council (UKABC) extends thanks to all participants for their contributions to the success of the recent UK-ASEAN Business Forum. Held on Tuesday 26th March 2024, the event featured insightful discussions on key topics including digital transformation, infrastructure connectivity, green finance, economic integration, people mobility, and climate change resilience.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership Act receives Royal Assent.