Joining a trans-Pacific trade deal is an “exciting opportunity” for the UK to build on its “entrepreneurial spirit and free trade history,” said Boris Johnson.
Foreign Minister Dominic Raab has started three days of negotiations on the UK’s accession to the Comprehensive and progressive trans-Pacific partnership agreement (CPTPP).
The Prime Minister said that the possible free trade agreement, which exists between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, would create “unprecedented opportunities for the UK”.
I just landed #Vietnam at the start of a visit to South East Asia to discuss the UK’s Indo-Pacific tilt.
Looking forward to discussing trade, security and addressing challenges such as climate change, COVID-19 and serious organized crime. pic.twitter.com/aXhyIJAY2I
– Dominic Raab (@DominicRaab) June 21, 2021
Earlier this month, the CPTPP announced that the membership process would begin after the UK’s request to join the agreement in February.
Mr Raab landed in Hanoi, Vietnam on Monday before the official start of the membership process on Tuesday.
Before the start of the talks, the Prime Minister said: “Joining the CPTTP free trade partnership would open up unprecedented opportunities for British businesses and consumers in the fast growing Indo-Pacific.
“This is an exciting opportunity to build on this country’s entrepreneurial spirit and free trade history to bring economic benefits to the whole of the UK.”
The UK has already concluded trade deals with seven CTPP members, including – most recently – Australia.
But the government has said membership in the CPTPP will give the UK access to some of the biggest …
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This notice was published: 2021-06-21 17:52:00