Britain joins trans-Pacific pact in biggest post-Brexit trade deal

Quick Summary:

LONDON - Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday as it seeks to deepen ties in the region and build its global trade links after leaving the European Union.

Costa Rica is the next applicant country to go through the process of joining, while Indonesia also aims to do so.

The US pulled out in 2017 under then-President Donald Trump and the pact was reborn as the CPTPP.

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Category: EconomyBusiness

Markets: ThailandAustraliaBruneiCanadaChileChinaCosta RicaIndonesiaJapanMalaysiaMexicoNew ZealandPeruSingaporeTaiwanVietnam

Topics: Canada Trade Sunday Trans-pacific Cptpp Australia Britain Member Japan Pact Agreement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 11:23:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24410660

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