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Chamber international trade update
This month we have featured Pacific rim countries after the historic signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by our International Trade Minister, Rt Hon Kemi Badenoch MP, whom I met.
She said about the agreement “I have overseen the implementation of our Free Trade Agreements with Australia and New Zealand – the first deals the UK has negotiated from scratch since taking control of our trade policy, boosting our trade relationship with both countries by 53% and 59% respectively. I have signed the UK’s accession to CPTPP - a bloc now worth £12 trillion in GDP, eliminating tariffs on 99% of UK goods exports to over 500 million people. “
The agreement includes 12 members: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam, as we. as now the UK. These countries span four continents, covering a population of more than half a billion people.
With this progress from our government, your Chamber now is pushing to introduce links to our members to help their business to grow via the following events.