UK says it aims to join Trans-Pacific free trading group – Successful Farming

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LONDON, June 17 (Reuters) – The United Kingdom announced on
Wednesday it would pursue accession to a revamped version of the
Trans-Pacific Partnership.

“Today we’re announcing our intent to pursue accession to
CPTPP, one of the world’s largest free trading areas,” Trade
Secretary Liz Truss said.

The Comprehensive and Progressive Agreement for
Trans-Pacific Partnership (CPTPP) is a free trade agreement that
links Canada and 10 other countries such as Australia, Brunei,
Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and
Vietnam.

Once fully implemented, the 11 countries will form a trading
bloc representing 495 million consumers and 13.5% of global GDP,
according to the Canadian government.
(Reporting by Guy Faulconbridge; editing by Stephen Addison)

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