UK joins CPTPP as first new member, offering 99% UK goods zero tariffs to CPTPP countries, benefiting BC businesses.
The UK's planned entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) later this year, with over 99% of UK goods exports to CPTPP countries eligible for zero tariffs, could significantly benefit B.C. businesses, allowing for growth in existing business partnerships and investment opportunities in covered markets. The UK will be the first new member to join the CPTPP since its formation.
May 23, 2024
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