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UK to begin accession process to join Trans-Pacific Partnership

On 2 June 2021, the United Kingdom’s (UK) bid to begin the accession process to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was formally approved by the member countries. The CPTPP is a trade agreement between 11 countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The UK submitted its formal request to join the CPTPP on 1 February 2021, following the end of the Brexit transition period.

Source EY

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