Trans-Pacific trade deal for Britain
MEMBERS of the vast trans-Pacific trade deal agreed yesterday to start the process for Britain to join the pact as the country pursues its post-Brexit commerce strategy.
After an online meeting of the members hosted by Japan, they said in a joint statement that they had “reached a decision to commence an accession process” for Britain.
The move would be “significant from the viewpoint of establishing a free and fair economic order”, said Japan’s Economy Minister Yasutoshi Nishimura.
He added that it would strengthen the relationship between Japan and the UK, which in October signed their own post-Brexit trade deal.
British Trade Secretary Liz Truss said the membership would give Britain the benefits of a free trade area without having to cede control of borders, money or laws.