CPTPP: benefits for the UK
10 benefits for the UK from our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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This document explains some of the benefits for businesses and consumers following the UK accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
The benefits include:
- strengthening ties with some of the world’s most dynamic economies
- opening new markets for services providers
- modern and ambitious digital and data provisions
- cutting tariffs on goods exports
- new opportunities to diversify supply chains
- providing the whole of the UK with new export opportunities
- a trade deal with Malaysia and Brunei for the first time
- more access to high-quality imported goods
- strengthening economic security
- encouraging investment