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Australian Associated Press

Britain bids to join Pacific trade deal

Britain is poised to begin negotiations to join a trans-Pacific trade deal it sees as crucial to its post-Brexit pivot away from Europe and towards geographically more distant but faster-growing economies.The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) removes 95 per cent of tariffs between its members: Japan, Canada, Australia, Vietnam, New Zealand, Singapore, Mexico, Peru, Brunei, Chile and Malaysia.