Article 6D0Q9 Kemi Badenoch signs treaty for UK to join Indo-Pacific trade bloc

Kemi Badenoch signs treaty for UK to join Indo-Pacific trade bloc

by
Pippa Crerar political editor
from Economics | The Guardian on (#6D0Q9)

Critics note government estimates that suggest membership of CPTPP will add just 1.8bn a year to UK economy after 10 years

The business secretary, Kemi Badenoch, has signed off UK membership to a large Indo-Pacific trade bloc that the government argues will bring British businesses a step closer to selling to a market of 500 million people with fewer barriers.

Badenoch signed the accession protocol for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in New Zealand on Sunday.

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