Cape Times

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.

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