Badenoch hails CPTPP trade deal
More Videos
0 seconds of 4 minutes, 32 seconds Volume 90%
Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts EnabledDisabled
Shortcuts Open/Close / or ?
Play/Pause SPACE
Increase Volume ↑
Decrease Volume ↓
Seek Forward →
Seek Backward ←
Captions On/Off c
Fullscreen/Exit Fullscreen f
Mute/Unmute m
Decrease Caption Size -
Increase Caption Size + or =
Seek % 0-9
Next Up
Send To All with Spice Girl Geri Horner - Michael McIntyres Big Show Preview
01:42
twitter facebook Email Link https://cdn.jwplayer.com/previews/nhkOkfvX Copied
Live
00:00
04:32
04:32
More Videos
Close
The UK is set to join a bumper trade bloc before Christmas in the biggest post-Brexit prize to date.
Britain's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will happen by December 15, the Department for Business and Trade said on Thursday.
by Taboola by Taboola
Sponsored Link Sponsored Link
Promoted Links Promoted Links
Home Value Calculator
Unbelievable: Calculator Shows The Value Of Your House Instantly (Take a Look)Home Value Calculator Search Now
Undo
The announcement comes after Peru became the sixth country to ratify the UK's deal, after Japan, Singapore, Chile, New Zealand and Vietnam.
Trade minister Douglas Alexander said: This is good news for UK businesses, who are now one step closer to being able to take advantage of the opportunities our membership of CPTPP will bring.
"My message to businesses is to get in touch with the Department for Business and Trade to find out how CPTPP could benefit your business, if you haven't already.
Sponsored
SportzBonanza
SportzBonanza Read More
Everybody Wanted To Date Her In The 80's, This Is Her Recently
Undo
by Taboola by Taboola
Kemi Badenoch spearheaded the UK's accession to the CPTPP when she was Trade Secretary (Image: GETTY)
Don't miss... Nigel Farage issues stark Brexit warning as Keir Starmer pushes for closer ties [LATEST]
"We're extremely grateful to all the CPTPP partners that have already ratified our accession - Japan, Singapore, Chile, New Zealand, Vietnam and now Peru - and look forward to more doing so over the coming months."
Britain will be the twelfth country to join the CPTPP - which has a combined GDP of ￡9 trillion.
Australia, Canada, Mexico, Malaysia and Brunei are also part of the trade bloc.
According to the Department, more than 99% of current UK goods exports to CPTPP members will be tariff-free once the deal comes into force, and could boost the economy by about ￡2 billion annually by 2040.
DON'T MISS
Powered by
Keir Starmer's voice of doom will damage UK plc, says Nick Ferrari
18 Comments
Panic in famous European city about ￡1bn plan to attract 'super-rich' tourists
Comments
Italy ready to introduce new ￡20 tourist tax in fresh blow to holidaymakers
5 Comments
Fury over new ￡200m UK airport revamp as locals say noise will 'wake them up at 4am
13 Comments
The European country with the most 'tight-fisted' tourists - and the countries they love
3 Comments
Labour set to hike fuel duty in 'painful' budget as motorists warned over tax grab U-turn
151 Comments
Rachel Reeves desperately scrambles to defend Winter Fuel Payment axe for pensioners
426 Comments
Spain now 'victim of its own success' as tourist numbers tipped to soar in 2024
Comments
Fears multi-billion pound fighter jet to replace RAF Typhoon could be scrapped by Labour
83 Comments
The beautiful European country that's one of the world's richest despite its size
3 Comments
Rachel Reeve's economic 'con' that she will use to hike your taxes exposed by Jeremy Hunt
1104 Comments
Portugal holiday warning as tourists hit by 'menu scam' in pretty city
Comments
Rachel Reeves' autumn budget tax plans predicted with 10 bad things to come
146 Comments
Home Office scandal as ‘woeful budgeting' sees outrageous ￡7.3bn overspend on asylum
242 Comments
Soo-Healthy
Officer Is Approached By Orphan - Then She Says 3 Words That Has Him Call For BackupSoo-Healthy
Undo
by Taboola by Taboola
Sponsored Links Sponsored Links
Promoted Links Promoted Links
Eight things Starmer is hiding about UK economy to justify Budget smash and grab
268 Comments
The top 15 cities with the most millionaires in the world - five are in the same country
3 Comments
Tories warn Labour set to raise taxes after Rachel Reeves refuses to rule out two hikes
202 Comments
Tories expose Rachel Reeves' imminent 'tax raid' as Labour slammed over 'broken promises'
393 Comments
Visa fee to be scrapped for Brit tourists heading to popular destination
Comments
What Rachel Reeves and Keir Starmer don't want you to notice about their economic plan
128 Comments
Keir Starmer's voice of doom will damage UK plc, says Nick Ferrari
18 Comments
Panic in famous European city about ￡1bn plan to attract 'super-rich' tourists
Comments
Italy ready to introduce new ￡20 tourist tax in fresh blow to holidaymakers
5 Comments
Fury over new ￡200m UK airport revamp as locals say noise will 'wake them up at 4am
13 Comments
The European country with the most 'tight-fisted' tourists - and the countries they love
3 Comments
Labour set to hike fuel duty in 'painful' budget as motorists warned over tax grab U-turn
151 Comments
Rachel Reeves desperately scrambles to defend Winter Fuel Payment axe for pensioners
426 Comments
Spain now 'victim of its own success' as tourist numbers tipped to soar in 2024
Comments
Happy in Shape
Cruise Ship Encounters Pirates - Watch What the Captain Does Next!Happy in Shape
Undo
by Taboola by Taboola
Sponsored Links Sponsored Links
Promoted Links Promoted Links
Fears multi-billion pound fighter jet to replace RAF Typhoon could be scrapped by Labour
83 Comments
The beautiful European country that's one of the world's richest despite its size
3 Comments
Rachel Reeve's economic 'con' that she will use to hike your taxes exposed by Jeremy Hunt
1104 Comments
Portugal holiday warning as tourists hit by 'menu scam' in pretty city
Comments
Rachel Reeves' autumn budget tax plans predicted with 10 bad things to come
146 Comments
Home Office scandal as ‘woeful budgeting' sees outrageous ￡7.3bn overspend on asylum
242 Comments
Eight things Starmer is hiding about UK economy to justify Budget smash and grab
268 Comments
The top 15 cities with the most millionaires in the world - five are in the same country
3 Comments
Tories warn Labour set to raise taxes after Rachel Reeves refuses to rule out two hikes
202 Comments
Tories expose Rachel Reeves' imminent 'tax raid' as Labour slammed over 'broken promises'
393 Comments
Visa fee to be scrapped for Brit tourists heading to popular destination
Comments
What Rachel Reeves and Keir Starmer don't want you to notice about their economic plan
128 Comments
Keir Starmer's voice of doom will damage UK plc, says Nick Ferrari
18 Comments
Panic in famous European city about ￡1bn plan to attract 'super-rich' tourists
Comments
Italy ready to introduce new ￡20 tourist tax in fresh blow to holidaymakers
5 Comments
Fury over new ￡200m UK airport revamp as locals say noise will 'wake them up at 4am
13 Comments
The European country with the most 'tight-fisted' tourists - and the countries they love
3 Comments
Labour set to hike fuel duty in 'painful' budget as motorists warned over tax grab U-turn
151 Comments
Rachel Reeves desperately scrambles to defend Winter Fuel Payment axe for pensioners
426 Comments
Trending
SUBSCRIBE Invalid email
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy
The UK concluded its negotiations to join the CPTPP in March 2023, and a Bill received Royal Assent in March this year.
Former Conservative chief secretary to the Treasury Sir Simon Clarke said the news is "an important Brexit success story".
He tweeted: "Our chance to help shape global trade (and diplomacy, and geopolitics) in the region which will largely define the century ahead."