According to foreign media reports, the British Department of international trade said in a statement on the 30th local time that Britain would apply to join the comprehensive and progressive trans Pacific Partnership (cptpp).
According to the report, British International Trade Secretary and chairman of the Trade Commission, Elizabeth teras, will formally apply to join the cptpp in consultation with Japanese and New Zealand officials on February 1. British Prime Minister Johnson said in a statement: “we have been away from the EU for one year, and we want to conclude a new partnership that can bring great economic benefits to the British people.”
In June last year, teras announced Britain’s intention to join the comprehensive and progressive trans Pacific Partnership (cptpp). At that time, teras said that cptpp is “one of the largest free trade areas in the world”. Joining it will help Britain overcome the challenges brought about by the new epidemic and diversify its trade relations.
Cptpp currently has 11 member states, namely Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. According to Reuters, cptpp is the “updated version” of the trans Pacific Partnership Agreement (TPP). Former US President Donald Trump announced his withdrawal from the TPP when he took office in 2017. He originally intended to join the TPP The cptpp was subsequently reconstituted.