Britain Becomes First European Nation to Join CPTPP

Britain today became the first European nation to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), becoming the 12th member. The bloc comprises Canada and Japan, Australia, New Zealand, Brunei, Chile, Malaysia, Mexico, Peru, Singapore, and Vietnam.

The UK, following its 2016 Brexit referendum, is



attempting to establish new trade deals abroad after signing the accession treaty with most EU members.

Established in 2018, the bloc safeguards against Chinese hegemony in the region, providing British companies access to a market of over 500 million people, contributing over 15% of the world’s GDP.