Thursday, March 30, 2023

CPTPP trade bloc to give U.K. green light to join

Good and big news! A follow up on the UK after Brexit!

The UK joins "Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam" (Source) Who needs the European Union if you can join the countries around the Pacific Ocean!

"The 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership are expected to allow the U.K.'s accession to the free trade bloc this week, taking a step to expand the group to include a European nation.
 This makes the U.K. the first nonfounding member welcomed into the CPTPP fold, demonstrating the allure of a grouping that spans the Asia-Pacific region. ..."

CPTPP trade bloc to give U.K. green light to join - Nikkei Asia Group now faces more geopolitically charged applications from China and Taiwan

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